45 Riley Place
Nanaimo · V9T5B9
$3,531/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Nanaimo · V9T5B9
$3,531/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Welcome to the highly desirable Hammond Bay neighbourhood, where stunning coastal scenery, top-rated schools, and everyday convenience create one of Nanaimo’s most sought-after places to call home. This move-in ready property presents an outstanding opportunity for first-time buyers, downsizers, or investors looking to establish themselves in a neighbourhood known for its long-term value and exceptional lifestyle. As one of the few freehold strata properties in Nanaimo, it offers the convenience of strata living while allowing you to own your home and land. Step inside to discover a bright and welcoming interior with thoughtful updates throughout. Fresh paint, updated windows, new kitchen tile, and a beautifully crafted feature wall create a warm, modern feel, while the tiled front entry adds a practical touch. The upper level captures beautiful ocean views, filling the living space with natural light and providing the perfect backdrop to everyday life. A newer washer and dryer, 125-amp electrical service, and baseboard heating throughout add to the home’s move-in-ready appeal. Location is where this property truly shines. Families will appreciate being within a desirable school catchment, while outdoor enthusiasts will love having Neck Point Park and Pipers Lagoon just minutes away. Whether you’re enjoying waterfront walking trails, watching the sunset, launching a kayak, or spending the afternoon at the beach, some of Nanaimo’s most spectacular natural amenities are practically at your doorstep. Shopping, restaurants, recreation facilities, transit, and all daily conveniences are also just a short drive away. Whether you’re looking for your first home, a low-maintenance lifestyle, or a smart investment in one of Nanaimo’s premier neighbourhoods, this property delivers. Combining ocean views, tasteful updates, a rare freehold strata ownership, and an unbeatable Hammond Bay location, this is an opportunity to enjoy an exceptional lifestyle at an attainable price.
2
Beds
2 full
Baths
1,633 ft²
Floor area
3,662 ft²
Lot size
1977
Year built
2
Parking
$280/mo
Strata fee
$3,413/yr
Gross tax
Single Family
Type
Yes
Carport
Hammond Bay
Area
Listed
July 13, 2026
Structure
House
PID
000-490-903
Property highlights
Ocean view
Waterfront
Features & inclusions
Heating
Baseboard heaters, Electric
Cooling
See Remarks
Parking
Carport
Lot
Central location, Other
Community
Family Oriented, Pets Allowed
Common interest
Condo/Strata
Malaspina Estates
Nearby & Commute
45 min
walk to Nanaimo Grocery Store
14 min
bike to Country Club Bus Exchange
45 min
walk to Country Club Bus Exchange
2h 32m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 68%
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,531
Principal and interest
Calculated estimate
$2,817
Property tax
Listing data
$284/mo
Strata fee
Listing data
$280/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$609,000
Down payment
Calculated estimate
$121,800 (20%)
Estimated mortgage
Calculated estimate
$487,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Using listing data
Est. monthly total
$3,531
/mo
Rate
%
Amortization
Principal and interest
$2,817
Property tax
$284
Strata fee
$280
P&I
Tax
Strata
Down payment
$121,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $121,800 down (20%) on $609,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from 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 | 136 | 68.3% |
| Land | 25 | 12.6% |
| Townhouse | 21 | 10.6% |
| Duplex | 11 | 5.5% |
| Condo / Apartment | 4 | 2.0% |
| Other | 2 | 1.0% |
| Under $5,000 | 15 | 1.6% |
| $10,000 to $14,999 | 5 | 0.5% |
| $15,000 to $19,999 | 5 | 0.5% |
| $20,000 to $24,999 | 20 | 2.1% |
| $25,000 to $29,999 | 15 | 1.6% |
| $30,000 to $34,999 | 15 | 1.6% |
| $35,000 to $39,999 | 25 | 2.7% |
| $40,000 to $44,999 | 30 | 3.2% |
| $45,000 to $49,999 | 30 | 3.2% |
| $50,000 to $59,999 | 65 | 6.9% |
| $60,000 to $69,999 | 90 | 9.6% |
| $70,000 to $79,999 | 60 | 6.4% |
| $80,000 to $89,999 | 70 | 7.4% |
| $90,000 to $99,999 | 60 | 6.4% |
| $100,000 to $124,999 | 125 | 13.3% |
| $125,000 to $149,999 | 95 | 10.1% |
| $150,000 to $199,999 | 110 | 11.7% |
| $200,000 and over | 105 | 11.2% |
$659,900
2562 Departure Bay Road
Nanaimo · Residential
2 bd
2 ba
1,593 sqft
$414/sqft
Built 1981
MLS® 1030898
Pemberton Holmes Ltd.
$649,000
2560 Departure Bay Road
Nanaimo · Residential
2 bd
2 ba
1,784 sqft
$364/sqft
Built 1981
MLS® 1037171
Royal LePage Nanaimo Realty (NanIsHwyN)
$569,900
4604 Hammond Bay Road
Nanaimo · Residential
3 bd
2 ba
1,286 sqft
$443/sqft
Built 1976
MLS® 1040046
460 Realty Inc. (NA)