- Active
- Open house Sun, Oct 18
702 Hamilton Avenue
Nanaimo · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 1,295
- Built
- 1992
Listed by Island Pacific Realty Ltd. · MLS® 1051560
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About this home
Welcome to your relaxing oasis in a south Nanaimo family friendly neighborhood. This 3 bedroom 2 bathroom rancher is the perfect package located on a quiet, no through road. It has all the right extras: on demand hot water, hot tub, heat pump and gas furnace for affordable heating, gas fireplace, and a large kitchen. There is a sizable pantry for extra kitchen storage. The primary bedroom has an ensuite, and opens up onto a deck with access to the hot tub. The backyard is a great place for entertaining. It offers plenty of privacy, and is fully landscaped with numerous rose bushes and fruit trees including an apple tree, grape vines, raspberries, and a peach tree. Just outside the kitchen is a covered patio perfect for the BBQ and eating outside on the patio table. There is an overhead heater to help you enjoy the crisp fall evenings. At the back of the property is a raised deck with views of Mount Benson. There are two large 24 square foot raised garden beds, and several smaller garden beds with lots of space for the home gardener. Store all of your tools and garden equipment in the sizable shed. The single car garage has lots of built-in shelving for storage. The double driveway offers plenty of convenient parking. Colliery Dam Park is just a 15 minute walk away. This house is a gem that offers plenty of amenities and comforts, both inside and out.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 1,295 sq ft
- Lot size
- 6,604 sq ft
- Year built
- 1992
- Parking
- 4
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- University District
- Listed
- October 5, 2026
- Structure
- House
- PID
- 007-552-858
- Common interest
- Freehold
Highlights
- Patio
- Private yard
- Hot tub
- Fireplace
Features and inclusions
- Appliances
- Refrigerator, Hot Tub, Range - Gas, Dishwasher, Dryer
- Heating
- Heat Pump, Electric
- Cooling
- Air Conditioned
- Parking
- Garage, RV, Additional Parking
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
- $3,408
- Property tax
- $208/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,766
Purchase snapshot
- List price
- $719,000
- Down payment
- $143,800 (20%)
- Estimated mortgage
- $575,200
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
- $5,257
- 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 · 34%
Who lives here
Documents
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