Property Type: Land / LotOwnership: Freehold

Lt 1 Ingram Rd

Nanaimo, BC V9X1W8

$364,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
0.89 acres
Zoning
Residential

RR2.5

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,506.18

Interior

Fireplace
None

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Parking

Total spaces
4

Listing Information

MLS®
1037787
Listed
May 27, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

This nearly one-acre, treed rural lot offers a serene panorama of lush grassland and forest. Located on a historic, quiet country road in Cedar, this property is just steps from the ocean and Boat Harbour marina. The site is level to the road with room to build among the moss and arbutus, then the grade drops a little before sloping toward an expansive open space bordering Greenway Lake, framed by a scenic forest backdrop. Among the trees are some charming rock terraces and a stone staircase, and a private platform—ideal for a gazebo, deck, or temporary setup while you plan your dream home. Off to the side, a nook with three shipping containers for your storage, accessible by the existing driveway. The marina and ocean are only 500m away; Hemer Park trails just 3 minutes by car, groceries in just 7 minutes. This is one of those special rural neighbourhoods by the ocean, a good place for a legacy property. (id:63159)

Location Insights

Weather

Partly Cloudy

15°C

Partly Cloudy

Humidity 85%

Wind N 2 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
Cedar ElementaryElementary4.0 km
Cedar SecondarySecondary5.6 km
North Oyster ElementaryElementary5.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.4 km
Chase River ElementaryElementary9.6 km
Cinnabar Valley ElementaryElementary9.7 km
Gabriola ElementaryElementary10.2 km
Ladysmith IntermediateElementary10.5 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: 5.0% ($18,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$291,200.00
Periodic payment — Principal & Interest (monthly)$1,878.72
Additional monthly expenses (strata, tax, utilities, etc.)$125.52
Total monthly cost$2,004.24
Interest paid over 5-yr term$83,458.76
Balance at end of term$261,935.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,200
Stress test qualifying rate8.09%
Payment you must qualify for$2,659.08

Cash Needed at Closing

Minimum down payment$18,200
Estimated BC PTT$5,280
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,980

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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