Protection Island · V9R6R1
$7,760/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
A rare opportunity to create a remarkable family estate, vacation retreat, or legacy property on beautiful Protection Island. Offered together, 8 Pirate Place & the waterfront parcel at 137 Pirates Lane combine a custom-built Craftsman home with nearly half an acre of west-facing waterfront, creating an exceptional island lifestyle just minutes from downtown Nanaimo. The home at 8 Pirate Place showcases quality craftsmanship throughout, featuring a covered wrap-around veranda, hardwood floors, stone tile, custom millwork, Italian-inspired archways, vaulted ceilings, dormer windows, and multiple French doors that fill the home with natural light. The gourmet kitchen offers stainless steel appliances, a granite island, & walk-in pantry. Flexible living spaces include a generous recreation room with separate entrance, ideal for guests, a studio, home office, or family room. The primary bedroom features a spacious ensuite & private exterior access, while the upper level offers a loft, three additional bedrooms, & a full bathroom. A detached garage/workshop provides excellent storage & workspace. Enhancing the appeal of this offering is the separate waterfront parcel at 137 Pirates Lane, located across the street from the home. This nearly half-acre lot gently slopes to the shoreline offering beach access, spectacular sunsets, and views across Nanaimo Harbour toward Mt. Benson. The property presents an exceptional opportunity to enjoy waterfront ownership while living comfortably at 8 Pirate Place, or to explore the potential for future development on the waterfront lot. Protection Island offers beaches, parks, community events, tennis & pickleball courts, a community dock, and municipal water, sewer, & fire rescue services. Connected to downtown Nanaimo by passenger ferry, residents enjoy convenient access to Vancouver via Hullo, Harbour Air, Helijet, BC Ferries, & Nanaimo Airport. Protection Island is exempt from the BC Speculation and Vacancy Tax.2 title pkg
4
Beds
2,609 ft²
Floor area
2010
Year built
Single Family
Type
Protection Island
Area
Listed
June 18, 2026
Nearby & Commute
24 min
walk to Thrifty Foods
6 min
bike to Nanaimo Harbour Ferry Terminal
20 min
walk to Nanaimo Harbour Ferry Terminal
2h 23m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 36%
| Condo / Apartment | 61 | 35.9% |
| Detached | 56 | 32.9% |
| Land | 25 | 14.7% |
| Other | 10 | 5.9% |
| Townhouse | 8 | 4.7% |
| Other | 10 | 5.9% |
| Under $5,000 | 10 | 1.6% |
| $5,000 to $9,999 | 5 | 0.8% |
| $10,000 to $14,999 | 5 | 0.8% |
| $15,000 to $19,999 | 5 | 0.8% |
| $20,000 to $24,999 | 25 | 4.0% |
| $25,000 to $29,999 | 20 | 3.2% |
| $30,000 to $34,999 | 35 | 5.6% |
| $35,000 to $39,999 | 35 | 5.6% |
| $40,000 to $44,999 | 25 | 4.0% |
| $45,000 to $49,999 | 45 | 7.1% |
| $50,000 to $59,999 | 50 | 7.9% |
| $60,000 to $69,999 | 40 | 6.3% |
| $70,000 to $79,999 | 45 | 7.1% |
| $80,000 to $89,999 | 40 | 6.3% |
| $90,000 to $99,999 | 45 | 7.1% |
| $100,000 to $124,999 | 85 | 13.5% |
| $125,000 to $149,999 | 40 | 6.3% |
| $150,000 to $199,999 | 45 | 7.1% |
| $200,000 and over | 30 | 4.8% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,760
Principal and interest
Calculated estimate
$7,160
Property tax
Calculated estimate
$450/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,548,000
Down payment
Calculated estimate
$309,600 (20%)
Estimated mortgage
Calculated estimate
$1,238,400
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$7,760
/mo
Rate
%
Amortization
Principal and interest
$7,160
Property tax (est.)
$450
P&I
Tax
Down payment
$309,600 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $309,600 down (20%) on $1,548,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
