- Active
161 Canterbury Crescent
Nanaimo · Vacant Land
- Lot size
- 11,528 ft²
Listed by REMAX Professionals (NA) · MLS® 1043249
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Sign inAbout this home
Spectacular views abound from this magnificent setting atop Canterbury Crescent, one of Nanaimo's signature neighbourhoods. Panoramic ocean, city and mountain views unfold from this rare south-facing property overlooking Departure Bay and its surrounding area, with vistas to Newcastle Island and downtown Nanaimo. Mt Benson will be framed like a postcard from every window as part of the future design for your new, custom built home. With 11528sf of property size to create your perfect residence, your creativity will soar. The lot is gently sloped to a large bench within the lot. Drive through on the circular, one way road and note the calibre of homes. The location is proximate to parks, beaches and beach-side cafes (The Drip) and food trucks, ferries, shopping, and schools. The zoning is R5 which under new guidelines permits up to 4 dwellings. Water, sewer, and storm run to the property edge. All measurements and information are approximate and need to be verified if important.
Home facts
- Lot size
- 11,528 sq ft
- Parking
- 4
- Property type
- Vacant Land
- Area
- Departure Bay
- Listed
- July 15, 2026
- PID
- 000-259-098
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- City view
Features and inclusions
- Lot
- Southern exposure, Other
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
- $3,199
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,549
Purchase snapshot
- List price
- $675,000
- Down payment
- $135,000 (20%)
- Estimated mortgage
- $540,000
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,935
- At 7.3118 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Nanaimo
Ten year average, 2016–2025.
- Average temperature
- 10.4°C
- Daily mean across the year.
- Yearly precipitation
- 0 mm
- On the drier side for BC.
- Bright sunshine
- 1,940 h
- 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.
Source: Environment and Climate Change Canada, monthly climate summaries
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
Detached · 67%
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.
