Property Type: Land / LotOwnership: FreeholdRECENTLY LISTED

Lot 5 Doumont Rd

Nanaimo, BC V9T6H1

$875,000

0 bed0 bath6 parking
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Property Details

Property & Lot

Lot size
9.57 acres
Zoning
Unknown

AG1D

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$32

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Parking

Total spaces
6

Listing Information

MLS®
1047698
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Beautiful lakefront acreage set along the western side of Brannen Lake, just outside City limits yet only 5 minutes to Pleasant Valley Park and School, Black Bear Pub, and other north-end amenities. This 9.57 acres gently rolls down to the lake where you will enjoy swimming, fishing, motor sports, or leisurely afternoons. Set in the ALR, with low taxes (currently has farm status), you have just over 4.5 acres of useable land which is ideal for your dream home and shop. The seller has plans for an energy efficient home, carriage house and barn, approved septic permit and plan, 2 Artesian wells and a quote for a new drilled well. The home and barn plans feature truss and beam layouts. Idyllic rural living with modern amenities close by. All measurements are approximate and should be verified if important. (id:63159)

Location Insights

Weather

Partly Cloudy

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

99,863

(2021 Census)

+10.3% since 2016

Density: 1,104.1/km²

Dwellings: 45,138

Median household income: $75,500

After-tax: $68,500

Immigrant population: 16.1%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 3,495
  • China1.3% · 1,285
  • United States of America1.2% · 1,155
  • India1.1% · 1,075
  • Philippines1% · 1,040
  • Germany0.6% · 635
  • Korea, South0.5% · 470
  • Viet Nam0.5% · 455

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Pleasant Valley ElementaryElementary2.0 km
Aspengrove School(Independent)K-122.7 km
Randerson Ridge ElementaryElementary3.1 km
Mount Benson ElementaryElementary3.4 km
Dover Bay SecondaryElementary3.4 km
McGirr ElementaryElementary3.8 km
Rutherford ElementaryElementary4.0 km
Uplands Park ElementaryElementary4.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (strata, tax, utilities, etc.)$2.67
Total monthly cost$4,518.83
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.84

Cash Needed at Closing

Minimum down payment$62,500
Estimated BC PTT$15,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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