279 Westwood Rd, Nanaimo
INCREDIBLE INVESTMENT OPPORTUNITY!! Current rents - Upper suite $2900, Lower A $1841, Lower B, $900 all month to month. (Total rent $5641 per month). Steps from Westwood Lake with multiple income streams, this 2021-built home offers an impressive combination of lifestyle and investment potential. With approximately 3,100 sq ft, three separate living spaces and all currently tenant occupied, this is a property that can work hard for you while you enjoy everything this sought-after location has to offer. The main residence (will be vacant October 1st) features 3 bedrooms and 2 bathrooms with a bright, spacious layout and a standout kitchen complete with quartz counters, an oversized island, abundant cabinetry, generous storage and dramatic skylights that flood the space with natural light. The primary suite offers a large walk-in closet and a beautiful ensuite with an oversized glass shower. Downstairs, the possibilities really shine with a 2-bedroom suite plus an additional bachelor suite, creating flexibility for extended family, guests or rental income. A huge covered deck provides excellent outdoor living space, while the private rear-lane driveway offers plenty of parking. With Westwood Lake virtually at your doorstep, you can spend your days swimming, paddling, hiking or simply enjoying the surrounding trails and nature. Whether you’re looking for a strong investment, a multi-generational home or a property with serious mortgage-helping potential. (id:1945)
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Property details for 279 Westwood Rd, Nanaimo
- Type
- Residential
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,033 square feet
- Lot Size
- 6468
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Air Conditioned
- Ownership
- Freehold
- Annual Taxes
- $7,283
Nearby Listings Stat
Estimated price and comparable properties near 279 Westwood Rd
Active Listings
3
Min Price
$825,000
Max Price
$1,050,000
Avg Price
$968,000
Days on Market
34
days
Sold Listings
2
Min Sold Price
$925,000
Max Sold Price
$949,000
Avg Sold Price
$937,000
Days until Sold
31
days
Neighbourhood Census Data
Nanaimo, British Columbia / Colombie-Britannique
Population
596
Median Age
39.7
Median Income
$34,304
Dwelling Value
$449,714
Housing Tenure
Owners 74%
Renters 24%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 1,439.3/km²
Avg Shelter Cost: $1,555/mo
Owners with Mortgage: 67.6%
Owners Spending 30%+: 17.6%
Tenants Spending 30%+: 41.7%
English only: 92.4%
English and French: 6.7%
Neither: 0.8%
Median Household Income: $83,072
Median Employment Income: $32,256
Price History
Listed
August 21, 2026
by eXp Realty (NA)
Current Price
$1,050,000
-4.5% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $1,050,000 | $49,000 (-4.5%) |
| Aug 21, 2026 | $1,099,000 | $26,000 (-2.3%) |
| Jun 12, 2026 | $1,125,000 | Listed |
