- Active
279 Westwood Road
Nanaimo · Single Family
- Beds
- 6
- Baths
- 4
- Sqft
- 3,033
- Built
- 2021
Listed by eXp Realty (NA) · MLS® 1051321
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Sign inAbout this home
INCREDIBLE INVESTMENT OPPORTUNITY!! Current rents - Upper suite $2900, Lower A $1841, Lower B, $900 all month to month. (Total rent $5641 per month). Steps from Westwood Lake with multiple income streams, this 2021-built home offers an impressive combination of lifestyle and investment potential. With approximately 3,100 sq ft, three separate living spaces and all currently tenant occupied, this is a property that can work hard for you while you enjoy everything this sought-after location has to offer. The main residence (will be vacant October 1st) features 3 bedrooms and 2 bathrooms with a bright, spacious layout and a standout kitchen complete with quartz counters, an oversized island, abundant cabinetry, generous storage and dramatic skylights that flood the space with natural light. The primary suite offers a large walk-in closet and a beautiful ensuite with an oversized glass shower. Downstairs, the possibilities really shine with a 2-bedroom suite plus an additional bachelor suite, creating flexibility for extended family, guests or rental income. A huge covered deck provides excellent outdoor living space, while the private rear-lane driveway offers plenty of parking. With Westwood Lake virtually at your doorstep, you can spend your days swimming, paddling, hiking or simply enjoying the surrounding trails and nature. Whether you’re looking for a strong investment, a multi-generational home or a property with serious mortgage-helping potential.
Home facts
- Bedrooms
- 6
- Bathrooms
- 4 full
- Interior
- 3,033 sq ft
- Lot size
- 6,468 sq ft
- Year built
- 2021
- Parking
- 4
- Property type
- Single Family
- Garage
- Yes
- Area
- South Jingle Pot
- Listed
- October 2, 2026
- Structure
- House
- PID
- 031-082-203
- Common interest
- Freehold
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Oven - Built-In
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Air Conditioned
- Parking
- Garage, Street
- Lot
- 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
- $4,739
- Property tax
- $292/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,181
Purchase snapshot
- List price
- $999,900
- Down payment
- $199,980 (20%)
- Estimated mortgage
- $799,920
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
- $7,311
- 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 · 37%
Who lives here
Documents
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