- Active
101 Pirates Lane
Protection Island · Single Family
- Beds
- 3
- Baths
- 1
- Sqft
- 689
- Built
- 1974
Listed by Team 3000 Realty Ltd · MLS® 1037961
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Welcome to 101 Pirates Lane on Protection Island — the perfect entry point into island living. This 3 bed, 1 bath home offers a great opportunity for buyers looking to bring their ideas and vision to life. With an open living area, sunny kitchen, and functional layout, the home is well suited for a cabin getaway, investment project, or low-impact island lifestyle. Located just a short walk from the ferry, you’ll enjoy convenient access to downtown Nanaimo while embracing the unique pace and charm of Protection Island living. Whether you’re looking for a weekend retreat or an affordable foothold in the market, this property offers excellent potential in a sought-after island community. Property is being sold on an as is where is basis. Buyer to complete all due diligence. Measurements provided by iGuide and must be verified if important.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full
- Interior
- 689 sq ft
- Lot size
- 9,600 sq ft
- Year built
- 1974
- Parking
- 2
- Property type
- Single Family
- Garage
- Yes
- Area
- Protection Island
- Listed
- May 23, 2026
- Structure
- House
- PID
- 003-352-099
- Common interest
- Freehold
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Detached Garage
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,488
- Property tax
- $92/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,730
Purchase snapshot
- List price
- $314,000
- Down payment
- $62,800 (20%)
- Estimated mortgage
- $251,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $1,794 a month
- Gross yield
- 6.9%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.