- Active
640 Railway Avenue
Nanaimo · Single Family
- Beds
- 4
- Baths
- 3
- Sqft
- 1,940
- Built
- 1995
Listed by eXp Realty (NA) · MLS® 1044212
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Sign inAbout this home
Enjoy exceptional versatility and central convenience in this 4BR/3BA residence set on a private 5,950 sq ft lot. The layout features a bright 3BR/2BA home paired w/ a functional 1BR/1BA lower suite, creating flexible options for multi-generational living or rental income. Main home features open-concept space, SS appliances, and a primary BR w/ a skylit 4pc ensuite. Direct access off the kitchen leads to a sunny sundeck overlooking a mature, fully hedged backyard with minimal rear neighbours. The suite offers high ceilings, open living, and French doors to a covered patio. Additional highlights include a single garage w/ workbench, shared laundry, and deep driveway parking for an RV or boat. Perfectly located for an active, effortless routine—walk to Robbins Park, local schools, University Village shopping, and VIU (<2 km), w/ fast connections via Hullo Ferry (3 km) and Harbour Air (2.5 km) right at your doorstep.
Home facts
- Bedrooms
- 4
- Bathrooms
- 3 full
- Interior
- 1,940 sq ft
- Lot size
- 5,950 sq ft
- Year built
- 1995
- Parking
- 1
- Property type
- Single Family
- Garage
- Yes
- Area
- South Nanaimo
- Listed
- July 27, 2026
- Structure
- House
- PID
- 004-154-975
- Common interest
- Freehold
Highlights
- Patio
- Private yard
- High ceilings
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Garage
- Lot
- Central location, 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
- $3,294
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,644
Purchase snapshot
- List price
- $695,000
- Down payment
- $139,000 (20%)
- Estimated mortgage
- $556,000
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
- $5,082
- 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
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 · 35%
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.