About this home

Situated just steps from Sugarloaf Mountain (One of Nanaimo's best sunrise spots) this home is tucked away on a quiet cul-de-sac in the popular Sherwood Forest pocket of Departure Bay in Nanaimo. Considered one of the city’s most desirable locations, this 4-bedroom, 3-bathroom home offers a versatile 2-unit setup. The main level features a 3-bedroom, 1.5-bath layout with a spacious south facing rear deck, perfect for morning coffee. The kitchen is nicely separated from the dining and living areas, creating a functional layout. Luxury vinyl plank flooring runs throughout, and the updated 4-piece bathroom adds a modern touch. The primary bedroom includes a walk-in closet and convenient 2-piece ensuite, while the additional bedrooms feature stylish barn doors on the closets. The lower level offers a well-laid-out 1-bedroom, 1-bath suite complete with a full 4-piece bathroom and access to a covered outdoor patio with a privacy screen ideal for extended family or rental income. Additional features include modern updates throughout the kitchens and bathrooms, including black granite countertops, a newer washer and dryer, 2 year old hot water tank, and an upgraded 200-amp electrical panel (2 years ago). The roof is approximately 2 years old and features durable 30-year architectural laminate shingles. A convenient storage shed and RV parking adds extra functionality. Located just minutes from Departure Bay Elementary, Departure Bay Beach, and local favourites like Drip Coffee, this property offers an unbeatable lifestyle. Whether you’re looking for an investment opportunity, a mortgage helper, or a home that puts you close to nature, parks, and amenities, this location truly stands out. (Measurements approximate; buyer to verify)

Property details

4

Beds

3 full

Baths

1,940 ft²

Floor area

10,019 ft²

Lot size

1981

Year built

4

Parking

$4,892/yr

Gross tax

Location & structure

Single Family

Type

1

Fireplace

Departure Bay

Area

Listed

July 2, 2026

Structure

House

PID

000-828-874

Property highlights

Mountain view

Patio

Features & inclusions

Heating

Baseboard heaters, Electric

Cooling

None

Lot

Central location, Cul-de-sac, Park setting, Southern exposure, Other

Additional details

Common interest

Freehold

Nearby & Commute

32 min

walk to Save-On-Foods

10 min

bike to Departure Bay Berth 3 (Foot Access)

33 min

walk to Departure Bay Berth 3 (Foot Access)

2h 30m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 63%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Building and renovation permits

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Survey or site plan

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Financial overview

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

Monthly ownership costs

Estimated monthly total

Calculated estimate

$4,374

Principal and interest

Calculated estimate

$3,816

Property tax

Listing data

$408/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$825,000

Down payment

Calculated estimate

$165,000 (20%)

Estimated mortgage

Calculated estimate

$660,000

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

$4,374

/mo

Rate

%

Amortization

Principal and interest

$3,816

Property tax

$408

P&I

Tax

Down payment

$165,000 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $165,000 down (20%) on $825,000, 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	122	62.6%
Townhouse	25	12.8%
Land	20	10.3%
Condo / Apartment	19	9.7%
Duplex	6	3.1%
Other	3	1.5%

$15,000 to $19,999	5	1.6%
$20,000 to $24,999	5	1.6%
$25,000 to $29,999	10	3.2%
$40,000 to $44,999	5	1.6%
$45,000 to $49,999	15	4.8%
$50,000 to $59,999	30	9.5%
$60,000 to $69,999	25	7.9%
$70,000 to $79,999	30	9.5%
$80,000 to $89,999	20	6.3%
$90,000 to $99,999	25	7.9%
$100,000 to $124,999	40	12.7%
$125,000 to $149,999	40	12.7%
$150,000 to $199,999	35	11.1%
$200,000 and over	30	9.5%

Detached	122	62.6%
Townhouse	25	12.8%
Land	20	10.3%
Condo / Apartment	19	9.7%
Duplex	6	3.1%
Other	3	1.5%

$15,000 to $19,999	5	1.6%
$20,000 to $24,999	5	1.6%
$25,000 to $29,999	10	3.2%
$40,000 to $44,999	5	1.6%
$45,000 to $49,999	15	4.8%
$50,000 to $59,999	30	9.5%
$60,000 to $69,999	25	7.9%
$70,000 to $79,999	30	9.5%
$80,000 to $89,999	20	6.3%
$90,000 to $99,999	25	7.9%
$100,000 to $124,999	40	12.7%
$125,000 to $149,999	40	12.7%
$150,000 to $199,999	35	11.1%
$200,000 and over	30	9.5%

3161 Marion Way

3161 Marion Way

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