LT 7 - 9 Sanford Way
Nanaimo, BC V9X1V6
$199,900
Property Details
Property & Lot
- Lot size
- 0.66 acres
- Zoning
- Residential
RS2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $667
Interior
- Fireplace
- None
Parking
- Total spaces
- 6
Listing Information
- MLS®
- 1042405
- Listed
- July 6, 2026
- Time on market
- On the market for 56 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.
Description
All 3 Legal lots for only $199,900. Development potential in the heart of Cedar. Access to the lots is through an alley off of MacMillan Rd. These lots will need remediation work to deal with the water on the property before you will be able to build on them. A great opportunity to build equity. Water and sewer line in the alley of this property. Waterline at the corner of MacMillan Rd and Sanford Way. Close to shopping and schools. Lots are located near Cedar Road & MacMillan Road junction. On bus route. Close to Duke Point Ferry Terminal. All measurements are approximate and must be verified if important, The blue in the photo is a watercourse, the stream has risen years ago, about 2/3 of the lots are covered by marsh. (id:63159)
Location Insights
Weather
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Cedar Secondary | Secondary | 353 m |
| Qwam Qwum Stuwixwulh Community School | Elementary | 940 m |
| Cedar Elementary | Elementary | 2.3 km |
| Chase River Elementary | Elementary | 3.9 km |
| Cinnabar Valley Elementary | Elementary | 4.3 km |
| Fulford Community Elementary | Elementary | 5.1 km |
| Park Avenue Elementary | Elementary | 6.4 km |
| Bayview Elementary | Elementary | 6.7 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.
Nearby Places
Grocery (1)
- Country Grocer · 1824 Cedar Road780 m
Parks (3)
- MacMillan Road Community Park149 m
- Woodridge Road Community Park · 1920 Woodridge Road361 m
- Cedar Skatepark492 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($9,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.