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Legal suiteNew build

$1,825,000

3865 Gulfview Dr

Beds

6

Baths

6

Sqft

Year

2025

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Desire one of the the best ocean views in Nanaimo? Discover your dream home on the prestigious Gulfview Drive, located at the east end of this sought-after street in North Nanaimo. This exceptional property offers panoramic ocean and mountain views, overlooking Neck Point Park, Pipers Lagoon, and Shack Island, with Eagle View Park right out your backyard. Just a short stroll to the beach and within five minutes to world-famous Pipers Lagoon and the scenic Neck Point waterfront trails, this location captures the very best of coastal Vancouver Island living. This luxurious 6-bedroom, 6-bathroom masterpiece is built to impress, featuring a legal suite, media room with bar, and a formal dining area with breathtaking views. The grand foyer, five sundecks, and high-end finishes including ceramic floor tiles, a modern, spacious kitchen, and coffered ceilings in both the primary bedroom and great room define elegance and craftsmanship at every turn. Enjoy front-row views of BC Ferries, cruise ships, Canadian naval practices, and even frequent orca sightings from your own home. Built with top-tier engineering and architectural finishes, this home offers the peace of mind of a 2/5/10 home warranty and is surrounded by multi-million-dollar designer residences. Sitting on a large 13,132 sq ft lot, this property provides ample space and options for your dream home in one of Nanaimo’s most desirable coastal neighbourhoods. Own this stunning home and experience luxurious ocean-view living at its finest. Call or email Sean McLintock Personal Real Estate Corporation with RE/MAX Professionals for Information 250-729-1766 or sean@seanmclintock.com (All information, measurements & data should be verified if fundamental to the purchase. Plus gst.) (id:65958)

Subtype
Single Family
Architectural style
Westcoast
Structure
House
Community
Hammond Bay
Common interest
Freehold
Living area
3,515 square feet
Lot size
12,486 square feet
Lot dimensions
12486
Parking
4 total
Fireplace
2
On market
Nov 7, 2025
Status changed
Apr 16, 2026
Annual tax
$5,009
Zoning
Residential
Photos
67
MLS#
1017578
Area
NANAIMO

Features and systems

Heating

Heat PumpBaseboard heatersForced airNatural gas

Cooling

Fully air conditioned

Lot

Central locationHillsideOtherMarine Oriented

View

Mountain viewOcean view
Negative cash flow ~$1,752/mo at these assumptions

Cash on cash

-5.76%

Cap rate

4.74%

GRM

13.9

Break-even rent

$12,794

Financing

Down payment$365,000
Loan amount$1,460,000
Mortgage$8,957/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$836
Insurance$80
Maintenance$1,521
CapEx reserve$760
Vacancy loss$548

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,957/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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