About this home

This 2017-built West Coast modern home is main level entry with a walkout basement, living like a rancher with 3 beds, 2 baths, laundry, kitchen, living room and garage all on the main floor. The main level features a vaulted living room ceiling, hickory floors, quartz counters, a gas range, and a heat pump for air conditioning. The primary bedroom has a walk-in closet and 4-piece ensuite. A gas fireplace warms the living space, with gas hookups on the deck for a BBQ and fire pit. The fenced yard suits kids and pets. Downstairs, a legal 2-bed suite has its own entrance, separate hydro, kitchen, and laundry, a genuine mortgage helper. Also downstairs, part of the main home has a bonus room ideal as an extra bedroom, office, or playroom, plus a 445 sqft crawl space, 5'10'' clearance for storage. Close to parks and trails, lakes, and the river, with a country feel close to schools, transit, and an easy commute to downtown Nanaimo. Measurements are approximate, verify if important.

Property details

6

Beds

3 full

Baths

2,301 ft²

Floor area

4,792 ft²

Lot size

2017

Year built

4

Parking

$6,748/yr

Gross tax

Location & structure

Single Family

Type

1

Fireplace

Chase River

Area

Westcoast

Style

Listed

July 6, 2026

Style

Westcoast

Structure

House

PID

029-958-130

Property highlights

Mountain view

Air conditioning

Private yard

Gas range

Fireplace

Features & inclusions

Appliances

Washer, Refrigerator, Range - Gas, Dishwasher, Dryer

Heating

Baseboard heaters, Forced air, Natural gas

Cooling

Central air conditioning, Air Conditioned

Lot

Level lot, Other

Additional details

Common interest

Freehold

Property analysisScored Jul 13

Buyer view7–10 year horizon

Weak on market temperature

$949,900 is 42.3% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

Strong value signals, score 85.4 of 100Based on 5 of 9 signals · score likely 65.9 to 100

Area benchmark trend

Lower Mainland composite benchmark price (GVR MLS® HPI), last 12 months

Price history accruingPartial carrying costRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

18 min

walk to Country Grocer

23 min

bike to Hullo - Nanaimo

1h 17m

walk to Hullo - Nanaimo

2h 28m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 38%

Documents and due diligence

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.

Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

Review boundaries, structures, and encroachments.

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.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$5,106

Principal and interest

Calculated estimate

$4,394

Property tax

Listing data

$562/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$949,900

Down payment

Calculated estimate

$189,980 (20%)

Estimated mortgage

Calculated estimate

$759,920

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$5,106

/mo

Rate

%

Amortization

Principal and interest

$4,394

Property tax

$562

P&I

Tax

Down payment

$189,980 (20%)

Stress test this mortgage

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Jessica Kuan

Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $189,980 down (20%) on $949,900, Canadian semi-annual compounding. Property tax sourced from listing. 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.

Detached	25	37.9%
Land	14	21.2%
Mobile home	10	15.2%
Townhouse	8	12.1%
Duplex	4	6.1%
Other	5	7.6%

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%

Detached	25	37.9%
Land	14	21.2%
Mobile home	10	15.2%
Townhouse	8	12.1%
Duplex	4	6.1%
Other	5	7.6%

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%

1608 Hosanna Way

1608 Hosanna Way

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