About this home

Welcome to 541 Lori Place, a well-appointed home in a great South Nanaimo neighbourhood on a quiet cul-de-sac. Offering approximately 2,300 sq ft on a .12 acre lot, this property features a 3-bedroom plus den, 2-bath main home along with a legal self-contained 2-bedroom, 1-bath suite on its own hydro meter. The main living area offers a beautiful open-concept living room, dining room, and kitchen with engineered stone countertops, a generous island and a good-sized pantry. The primary suite includes a walk-in closet, a second large closet and a spacious 3-piece ensuite, while the additional bedrooms are also well sized. A large covered deck off the great room overlooks the low- maintenance turf backyard and gazebo. Complete with a high-efficiency gas furnace, air conditioning and an EV charger, this home is close to shopping, parks and VIU. The suite is a great mortgage helper, with the current tenant paying $2,000/month on a lease until April 2027.

Property details

5

Beds

3 full

Baths

2,386 ft²

Floor area

5,188 ft²

Lot size

2019

Year built

2

Parking

$6,018/yr

Gross tax

Location & structure

Single Family

Type

Yes

Garage

1

Fireplace

South Nanaimo

Area

Listed

July 9, 2026

Structure

House

PID

030-349-079

Property highlights

EV charging

Air conditioning

Private yard

Features & inclusions

Heating

Baseboard heaters, Forced air, Electric, Natural gas

Cooling

Air Conditioned

Parking

Garage

Lot

Central location, Other

Additional details

Common interest

Freehold

Nearby & Commute

12 min

walk to Quality Foods

11 min

bike to VIU Transit Exchange

37 min

walk to VIU Transit Exchange

2h 31m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 43%

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

$4,953

Principal and interest

Calculated estimate

$4,301

Property tax

Listing data

$502/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$929,900

Down payment

Calculated estimate

$185,980 (20%)

Estimated mortgage

Calculated estimate

$743,920

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

$4,953

/mo

Rate

%

Amortization

Principal and interest

$4,301

Property tax

$502

P&I

Tax

Down payment

$185,980 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $185,980 down (20%) on $929,900, 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	72	43.4%
Land	26	15.7%
Condo / Apartment	19	11.4%
Townhouse	17	10.2%
Mobile home	15	9.0%
Other	17	10.2%

Under $5,000	5	0.7%
$5,000 to $9,999	5	0.7%
$15,000 to $19,999	10	1.3%
$20,000 to $24,999	25	3.3%
$25,000 to $29,999	20	2.6%
$30,000 to $34,999	30	3.9%
$35,000 to $39,999	25	3.3%
$40,000 to $44,999	25	3.3%
$45,000 to $49,999	30	3.9%
$50,000 to $59,999	60	7.8%
$60,000 to $69,999	55	7.2%
$70,000 to $79,999	65	8.5%
$80,000 to $89,999	55	7.2%
$90,000 to $99,999	45	5.9%
$100,000 to $124,999	105	13.7%
$125,000 to $149,999	90	11.8%
$150,000 to $199,999	80	10.5%
$200,000 and over	35	4.6%

Detached	72	43.4%
Land	26	15.7%
Condo / Apartment	19	11.4%
Townhouse	17	10.2%
Mobile home	15	9.0%
Other	17	10.2%

Under $5,000	5	0.7%
$5,000 to $9,999	5	0.7%
$15,000 to $19,999	10	1.3%
$20,000 to $24,999	25	3.3%
$25,000 to $29,999	20	2.6%
$30,000 to $34,999	30	3.9%
$35,000 to $39,999	25	3.3%
$40,000 to $44,999	25	3.3%
$45,000 to $49,999	30	3.9%
$50,000 to $59,999	60	7.8%
$60,000 to $69,999	55	7.2%
$70,000 to $79,999	65	8.5%
$80,000 to $89,999	55	7.2%
$90,000 to $99,999	45	5.9%
$100,000 to $124,999	105	13.7%
$125,000 to $149,999	90	11.8%
$150,000 to $199,999	80	10.5%
$200,000 and over	35	4.6%

541 Lori Place

541 Lori Place

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