5524-5526 Lost Lake Road
Nanaimo · V9T5G4
$5,135/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Nanaimo · V9T5G4
$5,135/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Ocean View Duplex in North Nanaimo, those are words you don't see together very often. This well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. One side is currently occupied by fantastic tenants who would love to stay, the other is the current owner who has just updated their side with fresh paint and flooring upgrades. Each unit features a fully fenced yard with plenty of outdoor space for families, children, and pets. The rented side has been beautifully remodeled in recent years with high-end flooring, heated tile floors throughout, custom-designed bathrooms, and an outstanding kitchen with abundant cabinetry and workspace. The other side is equally inviting, offering a bright white kitchen, spacious bedrooms, attractive flooring, and a large laundry room. If you've been looking for an affordable way to get into the highly desirable North Nanaimo school catchment, this could be the perfect opportunity…live in one side while the rental income from the other helps offset your mortgage. The location is one of this property's greatest features. Set in a sought-after North Nanaimo neighbourhood, you'll enjoy an easy walk to Linley Valley Park, one of Nanaimo's most popular trail systems, perfect for hiking, walking the dog, or enjoying nature. Rutherford Hill Shopping Centre is also within walking distance, offering grocery stores, restaurants, cafés, and everyday conveniences. Several nearby playgrounds, parks, transit routes, excellent schools, and easy ocean access make this an exceptional location for families and tenants alike. From an investment perspective, it's worth comparing the long-term appreciation potential of a large ocean-view lot in North Nanaimo to similar investments in other areas of the city.
6
Beds
4 full
Baths
2,900 ft²
Floor area
10,875 ft²
Lot size
1980
Year built
3
Parking
$5,431/yr
Gross tax
Single Family
Type
1
Fireplace
North Nanaimo
Area
Listed
July 3, 2026
Structure
Duplex
PID
003-164-306
Property highlights
Ocean view
Private yard
Features & inclusions
Heating
Baseboard heaters, Electric
Cooling
None
Lot
Central location, Other
Common interest
Freehold
Nearby & Commute
30 min
walk to Fairway Market
12 min
bike to Country Club Bus Exchange
41 min
walk to Country Club Bus Exchange
2h 36m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 53%
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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
$5,135
Principal and interest
Calculated estimate
$4,533
Property tax
Listing data
$453/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$979,900
Down payment
Calculated estimate
$195,980 (20%)
Estimated mortgage
Calculated estimate
$783,920
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
$5,135
/mo
Rate
%
Amortization
Principal and interest
$4,533
Property tax
$453
P&I
Tax
Down payment
$195,980 (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 $195,980 down (20%) on $979,900, 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 | 133 | 52.8% |
| Townhouse | 40 | 15.9% |
| Condo / Apartment | 33 | 13.1% |
| Land | 23 | 9.1% |
| Duplex | 15 | 6.0% |
| Other | 8 | 3.2% |
| 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% |