About this home

Welcome to this beautifully updated & maintained 5-bed, 3-bath home in South Nanaimo, offering the perfect blend of comfort, style, & income potential. The main level has been refreshed with fresh paint, new carpet, modern light fixtures, a ductless heat pump, & a new HWT (2024). The Poly B plumbing has been removed & replaced throughout the home, and a new roof was done in 2018. Downstairs, you'll find a brand new, fully legal 2-bed, 1-bath suite featuring vinyl flooring, wood cabinets, quartz countertops, S.S. appliances, heated tile floors, vinyl windows, & its own ductless heat pump. Outside, enjoy a low-maintenance yard, plenty of room to park an RV or boat, private covered deck space and a powered shed for extra storage or hobbies. Conveniently located on a bus route and just minutes from VIU, shopping, and everyday amenities, this property is ideal for multi-generational living or those looking for a mortgage helper. Data & measurements are approx. verify if important.

Property details

5

Beds

3 full

Baths

2,364 ft²

Floor area

7,674 ft²

Lot size

1994

Year built

6

Parking

$5,051/yr

Gross tax

Location & structure

Single Family

Type

South Nanaimo

Area

Listed

July 8, 2026

Structure

House

PID

000-885-746

Features & inclusions

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Heating

Heat Pump, Electric, Other

Cooling

Wall unit, Air Conditioned

Lot

Level lot, Southern exposure, Other

Additional details

Common interest

Freehold

Property analysisScored Jul 12

Buyer view7–10 year horizon

Weak on price history

$875,000 is 46.9% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

In line with market, score 63.7 of 100Based on 6 of 9 signals · score likely 30.2 to 97.2

Area benchmark trend

Lower Mainland composite benchmark price (GVR MLS® HPI), last 12 months

Partial carrying cost

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

9 min

walk to Quality Foods

10 min

bike to VIU Transit Exchange

34 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

Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.

Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

Review boundaries, structures, and encroachments.

Request the due-diligence package

Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

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

Monthly ownership costs

Estimated monthly total

Calculated estimate

$4,618

Principal and interest

Calculated estimate

$4,047

Property tax

Listing data

$421/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$875,000

Down payment

Calculated estimate

$175,000 (20%)

Estimated mortgage

Calculated estimate

$700,000

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

$4,618

/mo

Rate

%

Amortization

Principal and interest

$4,047

Property tax

$421

P&I

Tax

Down payment

$175,000 (20%)

Stress test this mortgage

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 $175,000 down (20%) on $875,000, 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	74	42.5%
Land	27	15.5%
Condo / Apartment	23	13.2%
Townhouse	17	9.8%
Mobile home	14	8.0%
Other	19	10.9%

$15,000 to $19,999	5	2.2%
$20,000 to $24,999	5	2.2%
$25,000 to $29,999	5	2.2%
$30,000 to $34,999	5	2.2%
$35,000 to $39,999	10	4.4%
$40,000 to $44,999	5	2.2%
$45,000 to $49,999	5	2.2%
$50,000 to $59,999	15	6.7%
$60,000 to $69,999	20	8.9%
$70,000 to $79,999	15	6.7%
$80,000 to $89,999	25	11.1%
$90,000 to $99,999	20	8.9%
$100,000 to $124,999	30	13.3%
$125,000 to $149,999	25	11.1%
$150,000 to $199,999	25	11.1%
$200,000 and over	10	4.4%

Detached	74	42.5%
Land	27	15.5%
Condo / Apartment	23	13.2%
Townhouse	17	9.8%
Mobile home	14	8.0%
Other	19	10.9%

$15,000 to $19,999	5	2.2%
$20,000 to $24,999	5	2.2%
$25,000 to $29,999	5	2.2%
$30,000 to $34,999	5	2.2%
$35,000 to $39,999	10	4.4%
$40,000 to $44,999	5	2.2%
$45,000 to $49,999	5	2.2%
$50,000 to $59,999	15	6.7%
$60,000 to $69,999	20	8.9%
$70,000 to $79,999	15	6.7%
$80,000 to $89,999	25	11.1%
$90,000 to $99,999	20	8.9%
$100,000 to $124,999	30	13.3%
$125,000 to $149,999	25	11.1%
$150,000 to $199,999	25	11.1%
$200,000 and over	10	4.4%

580 Ninth Street

580 Ninth Street

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