An exceptional opportunity to build your dream home in the prestigious Fairwinds community! Nestled on a generous third acre parcel, this fully serviced, building ready lot offers the perfect balance of privacy, natural beauty, and refined West Coast living. Backing onto a protected forested buffer between neighbouring properties, the setting feels peaceful and secluded, while Dolphin Lake Park is conveniently located just across the street, providing easy access to walking trails and tranquil green space. Fairwinds is one of Vancouver Island's most coveted waterfront and golf course communities, celebrated for its spectacular natural surroundings and exceptional amenities. Just minutes from your doorstep, enjoy championship golf, the Fairwinds Wellness Club and Community Centre, scenic walking and cycling trails, Schooner Cove Marina, and easy access to kayaking, boating, and the sheltered waters of the Salish Sea. Whether you're envisioning a contemporary architectural masterpiece or a timeless coastal retreat, this rare homesite provides the ideal canvas to create a residence that reflects your lifestyle. For buyers seeking inspiration, plans are available upon request, offering a glimpse of what is possible on this exceptional lot. Experience the perfect blend of luxury, recreation, and nature in one of the Island's most desirable neighbourhoods.
Property details
0
Beds
0 full
Baths
14,810 ft²
Lot size
$4,475/yr
Gross tax
Location & structure
Vacant Land
Type
Fairwinds
Area
Listed
July 8, 2026
PID
018-447-821
Property highlights
Waterfront
Golf course
Features & inclusions
Lot
Other
Additional details
Common interest
Freehold
Listed by Engel & Volkers Vancouver Island North. Last updated Jul 8, 2026, 12:10 PM.
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.
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 $105,800 down (20%) on $529,000, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 49 listings
Detached
33
67.3%
Land
10
20.4%
Condo / Apartment
4
8.2%
Townhouse
2
4.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Census 2021 dwelling structural-type mix · Nanaimo E · 215 dwellings
Single-detached210 · 97.7%
Apartment in duplex5 · 2.3%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59210279· Nanaimo E· 2.40 km²
Median rent here
$1,450
Owner shelter cost
$1,030
Renters
4.8%
30%+ on shelter
14.3%
Population (2021)
462
Median age
62.0
Avg household size
2.2
Avg household income
$131,000
Renters
4.8%
Owners
95.2%
Immigrants
19.6%
Post-secondary
72.0%
Avg home value
$950,000
Single status
9.5%
Not in labour force
46.3%
Households with kids
19.1%
Median rent
$1,450
Owner shelter cost
$1,030
30%+ on shelter
14.3%
Breakdown
$20,000 to $24,999
5
2.6%
$25,000 to $29,999
5
2.6%
$35,000 to $39,999
5
2.6%
$40,000 to $44,999
5
2.6%
$50,000 to $59,999
5
2.6%
$60,000 to $69,999
20
10.3%
$70,000 to $79,999
15
7.7%
$80,000 to $89,999
20
10.3%
$90,000 to $99,999
15
7.7%
$100,000 to $124,999
20
10.3%
$125,000 to $149,999
25
12.8%
$150,000 to $199,999
30
15.4%
$200,000 and over
25
12.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210279).
Market story
Rent in Nanaimo E
Census 2021 avg $1,450/mo here · Vancouver studio rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
