8 hours on Market

5560 OCEANVIEW TERRACE, Nanaimo, British Columbia V9V1G6

Detached
3 + 2
3
~3010 sqft
$1,249,999
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Detached
3 + 2
3
~3010 sqft

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Highlights

Property Estimate

Days on market8 hours

Estimated valueNot available

Price/Sqft$415/sqft

Monthly cost

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Description

Paradise by the Sea - North Nanaimo Living at its Finest! Welcome to one of the most prestigious and highly sought-after neighbourhoods in North Nanaimo. This impressive 3000+ sq ft residence sits on an expansive-15,000 sq ft rectangular corner lot, offering stunning ocean views and exceptional future potential. Thoughtfully maintained, this home features 5 generously sized bedrooms and 3 bathrooms, along with two independent laundry areas-perfect for extended families or added flexibility. The lower level includes a bright 2-bedroom walk-out suite, currently tenanted by a wonderful family, providing a valuable mortgage helper ( with their own Huge Driveway). The interior showcases a main-level entry design enhanced by skylights, filling the home with an abundance of natural light. The spacious living room captures picturesque ocean views and is complemented by portable fireplace, creating a warm and inviting atmosphere. The oak kitchen offers a charming eating nook and a convenient pass-through to the dining room, ideal for both everyday living and entertaining. Step outside to a large OCEAN VIEW deck with stairs leading to the backyard, creating the perfect space for relaxing, entertaining, and enjoying the coastal lifestyle. The cobblestone courtyard entrance adds timeless charm and a welcoming first impression, ideal for summer evenings. Enjoy year-round comfort with central heating and air conditioning. Bonus: Development Potential: Zoned R-5, this prime corner lot offers exciting opportunities for subdivision or multi-unit development, making it an excellent option for both investors and future growth. Freshly painted and move in ready! (id:39198)


Property Details

StyleHouse
ViewMountain view, Ocean view
Age of property1981
SqFt~3010 SqFt
Lot Size-
Parking Spaces6
MLS ®Number1033290
Community NameNorth Slope
Data SourceCREA
Listing byCentury 21 Coastal Realty Ltd.

Features

Heating: Heat Pump, Baseboard heaters
Cooling: Fully air conditioned

Lower level Floor

Bathroom

Laundry room

3 x 6

Bedroom

10 x 13

Bedroom

15 x 11


Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Apr 23, 2026
ListedActive
$1,249,999
8 hours on market
history photo preview47
Listing by crea®
Property listed by Century 21 Coastal Realty Ltd., Brokerage
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Population and Demographics

Overview

Total population 5683
Average household income $125,244

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
18%
50 to 64
22%
65 and plus
25%

Household composition (%)

Single family
75%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
87%
Mandarin
4%
Others
3%
Punjabi (Panjabi)
1%
French
1%
German
1%
Korean
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

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Transportation Scores

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