- Active
3115 Elsie Lake Circle
Nanaimo · Vacant Land
- Lot size
- 2,154 ft²
Listed by Sutton Group-West Coast Realty (Nan) · MLS® 1049323
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Sign inAbout this home
Nestled just steps from the lake, dock, lakeside trail, and clubhouse, this sun drenched, fully serviced lakeview RV strata lot sits in one of the most desirable and peaceful locations in Resort on the Lake. Located on a quiet lakeside loop with only local resident traffic, it offers added privacy and a calm, relaxed setting. Positioned to capture abundant sunlight throughout the day and framed by seasonal views of the lake and surrounding mountains, this premium lot delivers an exceptional blend of recreation, nature, and convenience. Set along the forested shores of Westwood Lake and bordering a 250 acre park, the community feels immersed in nature yet remains fully connected—on a bus route and only 10 minutes from downtown Nanaimo’s oceanfront, shopping, and amenities. Pet friendly and welcoming to both recreational and full time residents, Resort on the Lake offers a rare lifestyle where tranquility meets accessibility. Owners enjoy access to the impressive 4,400 sq ft clubhouse with a full kitchen, fireside lounge, fitness room, showers, and laundry. Outside, relax on the sun deck overlooking the heated pool and hot tub, or enjoy pickleball, tennis, and bocce. Wander the 5.7 km lakeside trail, launch a kayak for a morning paddle, or cast a line for trout right from the shore—everything is truly at your doorstep. Set up your RV or Park Model, or place this high demand lot into the on site rental pool. The reasonable strata fee includes high speed internet, cable, garbage, sewer, water, caretaker services, and full use of amenities. Pets and families are welcome. Resort on the Lake blends relaxed lakeside living with the luxuries of a First Class holiday RV resort. A rare opportunity to secure your own sunny, lakeview slice of Vancouver Island paradise.
Home facts
- Lot size
- 2,154 sq ft
- Parking
- 2
- Property type
- Vacant Land
- Area
- South Jingle Pot
- Listed
- September 10, 2026
- PID
- 028-960-556
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Waterfront
- Gym
- Pool
- Hot tub
- Meeting/Party Room
Features and inclusions
- Parking
- Open
- Lot
- Level lot, Park setting, Southern exposure, Wooded area, See remarks, Other, Moorage
- Community
- Family Oriented, Pets Allowed
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
- $1,322
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,556
Purchase snapshot
- List price
- $279,000
- Down payment
- $55,800 (20%)
- Estimated mortgage
- $223,200
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
- $2,040
- 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
For investors
As a rental
- Estimated rent
- $1,120 a month
- Gross yield
- 4.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 36%
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.