5560 Oceanview Terr, Nanaimo
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! Please call Harman @ 778-245-0778 (id:1945)
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Property details for 5560 Oceanview Terr, Nanaimo
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 3,010 square feet
- Lot Size
- 15000
- Parking
- Garage, RV, Street
- Heating
- Heat Pump, Baseboard heaters
- Cooling
- Fully air conditioned
- Ownership
- Freehold
- Annual Taxes
- $6,073
Nearby Listings Stat
Estimated price and comparable properties near 5560 Oceanview Terr
Active Listings
13
Min Price
$879,900
Max Price
$1,269,000
Avg Price
$1,028,377
Days on Market
57
days
Sold Listings
7
Min Sold Price
$899,000
Max Sold Price
$1,069,900
Avg Sold Price
$953,229
Days until Sold
38
days
Neighbourhood Census Data
Nanaimo, British Columbia / Colombie-Britannique
Population
387
Median Age
47.6
Median Income
$43,776
Dwelling Value
$528,043
Housing Tenure
Owners 93%
Renters 11%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.9
Pop. Density: 2,414.2/km²
Avg Shelter Cost: $1,337/mo
Owners with Mortgage: 46.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 88.3%
English and French: 11.7%
Neither: 1.3%
Median Household Income: $115,456
Median Employment Income: $34,880
Price History
Listed
April 23, 2026
by Century 21 Coastal Realty Ltd.
Current Price
$1,249,999
Type
Residential
For Sale
