- Active
40 Irwin Street
Nanaimo · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 727
- Built
- 1930
Listed by eXp Realty (NA) · MLS® 1052367
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Sign inAbout this home
Welcome to 40 Irwin, where 1930s character, ocean views and the convenience of downtown Nanaimo come together! This charming 2-bedroom, 1-bathroom home offers an inviting place to begin homeownership, simplify your lifestyle or add to your investment portfolio. Step into a sunny living room filled with natural light, creating a warm welcome and a comfortable spot to unwind. The functional kitchen offers plenty of cabinet space, brand-new countertops and a breakfast bar for casual meals or coffee with a friend. Sliding glass doors lead to the rear deck and backyard, extending your living space outdoors. Bring your favourite potted plants, set up a cozy seating area and enjoy a little outdoor space of your own. Both bedrooms, the 4-piece bathroom and laundry are conveniently located on the main level. Recent updates include a new fridge, washer and dryer, a newer stove, an updated bathroom surround and vanity, and brand-new kitchen countertops. Freshly stained front and rear stairs add a welcoming touch, and the roof is approximately 13 years old. The completely unfinished lower level provides useful storage space for bikes, seasonal items and hobbies, with room to explore a workshop setup or bring your own creative ideas. Enjoy easy access to downtown shops, local restaurants, Port Place Mall and transit. Nanaimo's scenic waterfront walkway and the Hullo passenger ferry are nearby, while Vancouver Island University and recreation facilities are within easy reach. From waterfront strolls to everyday errands, this central location keeps you connected to the best of city living. With its vintage personality, practical layout and opportunity to make it your own over time, 40 Irwin is a delightful place to put down roots. All data and measurements are approximate and should be verified if important.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 727 sq ft
- Lot size
- 2,403 sq ft
- Year built
- 1930
- Property type
- Single Family
- Area
- Old City
- Listed
- October 15, 2026
- Structure
- House
- PID
- 005-997-208
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
- Private yard
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Street
- Lot
- Level 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
- $1,896
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,163
Purchase snapshot
- List price
- $399,999
- Down payment
- $80,000 (20%)
- Estimated mortgage
- $319,999
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
- $2,925
- 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
- $1,360 a month
- Gross yield
- 4.1%
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 · 37%
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.