Nanaimo · V9R6R7
$3,096/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Prime Development Opportunity in Nanaimo This exceptional nearly one-acre (.98) vacant lot presents an unparalleled opportunity for discerning builders and land developers. Situated in a thriving family-oriented community and directly across from an Elementary School, this property is currently zoned R5, offering extensive possibilities for multi-family new construction. With the city’s favorable stance towards higher density (subject to approval), this is an ideal location for innovative development. Seize this chance to contribute to the growth of Nanaimo while creating a legacy in a sought-after neighborhood.
0
Beds
Vacant Land
Type
Chase River
Area
Listed
February 10, 2026
Nearby & Commute
11 min
walk to Country Grocer
21 min
bike to Hullo - Nanaimo
1h 9m
walk to Hullo - Nanaimo
2h 26m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 45%
| Detached | 31 | 44.9% |
| Land | 18 | 26.1% |
| Mobile home | 7 | 10.1% |
| Duplex | 5 | 7.2% |
| Townhouse | 4 | 5.8% |
| Other | 4 | 5.8% |
| Under $5,000 | 5 | 0.8% |
| $15,000 to $19,999 | 5 | 0.8% |
| $20,000 to $24,999 | 5 | 0.8% |
| $25,000 to $29,999 | 5 | 0.8% |
| $30,000 to $34,999 | 15 | 2.4% |
| $35,000 to $39,999 | 15 | 2.4% |
| $40,000 to $44,999 | 15 | 2.4% |
| $45,000 to $49,999 | 20 | 3.2% |
| $50,000 to $59,999 | 40 | 6.5% |
| $60,000 to $69,999 | 35 | 5.6% |
| $70,000 to $79,999 | 40 | 6.5% |
| $80,000 to $89,999 | 50 | 8.1% |
| $90,000 to $99,999 | 40 | 6.5% |
| $100,000 to $124,999 | 85 | 13.7% |
| $125,000 to $149,999 | 75 | 12.1% |
| $150,000 to $199,999 | 105 | 16.9% |
| $200,000 and over | 65 | 10.5% |
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
$3,096
Principal and interest
Calculated estimate
$2,771
Property tax
Calculated estimate
$175/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$599,000
Down payment
Calculated estimate
$119,800 (20%)
Estimated mortgage
Calculated estimate
$479,200
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
$3,096
/mo
Rate
%
Amortization
Principal and interest
$2,771
Property tax (est.)
$175
P&I
Tax
Down payment
$119,800 (20%)
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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 $119,800 down (20%) on $599,000, 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.
Daily mean across the year.
On the drier side for BC.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
At 6.9094 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
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.
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.
