Description
Here is a once in a lifetime opportunity to own perhaps the best parcel of walk on waterfront property in all of North Nanaimo. Totalling 0.60 acres w/ 290 ft of oceanfrontage, these 2 separate legal lots were acquired by the owner 35yrs ago and are his principal residence to this day. Located in one of Nanaimo's most prestigious neighborhoods this property is uniquely private with parkland to its east and a 2nd park one property over to its west. 5020 contains a 3 bd 2 ba well maintained 1400sqft rancher while 5010 is a manicured vacant yard, each zoned "R5 Three and Four Unit Residential" w/ multiple dwelling development potential or build an unparalleled oceanfront residence. In an area known for high bank waterfront properties, these 2 parcels stand alone as one of true walk on waterfront which allows unequaled ocean views of the Strait of Georgia to Sechelt, Texada Island. This part of the Strait is well known for its views of cruise ships, naval vessels and a myriad of sea life.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1018494 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na North Nanaimo |
| Postal Code | V9V 1J1 |
| Property Taxes | $17,287.00 (2025) |
| Garage Spaces | 1 |
| Parking Total | 2 |
| Zoning | R5 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Oil |
| Fireplaces | 2 |
| Fireplace Type | Gas,Wood Burning |
| Construction | Frame Wood,Insulation All,Insulation: Ceiling,Insulation: Walls,Wood |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Crawl Space |
| Laundry | In Unit |
| Listed Date | Dec 1, 2025 |
| Ownership | Freehold |
| Lot Size | 0.61 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 3-Piece | |
| Bathroom | Main level | 2-Piece | |
| Bedroom | Main level | 9\'2 x 10\'8 | |
| Bedroom | Main level | 9\'2 x 11\'4 | |
| Dining room | Main level | 15\'6 x 12\'2 | |
| Kitchen | Main level | 9\'10 x 12\'2 | |
| Living room | Main level | 18\'8 x 19\'8 | |
| Primary Bedroom | Main level | 10\'9 x 11\'11 |
Building Details
| Heating | Forced air |
| Heating Fuel | Oil |
| Stories | -1 |
| Total Finished | 1403 sqft |
Additional Information
| Features | Private setting, Other |
| View | Mountain view, Ocean view |
| Waterfront | Waterfront on ocean |
| Land Size | 0.61 ac |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 1403 sqft |
| Transaction | For sale |