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.
96 days
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Zillow last checked:
Listing updated:
Listed by:
Matt Scheibel Personal Real Estate Corporation,
460 Realty Inc. (NA)
Source: VIVA,MLS®#: 1033389
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3
Kitchen
Level: Main
Heating
Forced Air, Oil
Cooling
None
Appliances
Laundry: In Unit
Features
Flooring: Mixed
Basement: Crawl Space
Number of fireplaces: 2
Fireplace features: Gas, Wood Burning
Interior area
Total structure area: 1,403
Total interior livable area: 1,403 sqft
Property
Parking
Total spaces: 2
Parking features: Driveway, Garage
Garage spaces: 1
Has uncovered spaces: Yes
Features
Levels: 2
Entry location: Ground Level
Has view: Yes
View description: Mountain(s), Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Ocean Front, Walk on Waterfront
Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood Siding
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
Resale
New construction: No
Year built: 1972
Utilities & green energy
Water: Municipal
Community & HOA
Community
Subdivision: Rocky Point
Location
Region: Nanaimo
Financial & listing details
Price per square foot: C$2,135/sqft
Tax assessed value: C$2,502,000
Annual tax amount: C$17,295
Date on market: 4/24/2026
Ownership: Freehold
Road surface type: Paved
Matt Scheibel Personal Real Estate Corporation
Matt Scheibel Personal Real Estate Corporation
(250) 591-4601
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