No photos available
New buildInvestment signal

$1,299,000

163 Golden Oaks Cres

Beds

7

Baths

4

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

Welcome to 163 Golden Oaks Cres, a beautifully designed 3,563 sq. ft. level-entry walk-out home in sought-after Hammond Bay. Offering 7 bedrooms and 4 bathrooms, this thoughtfully planned residence includes 5 bedrooms and 3 bathrooms for the main home, plus a bright and private 2-bedroom suite with its own entrance, laundry, and separate hydro meter. The main level features an open-concept layout with 9-foot ceilings, engineered hardwood floors, a gas fireplace, spacious dining area, and a sunny south-facing deck with mountain views. The chef-inspired kitchen showcases quartz countertops, an oversized island, over-height cabinetry with crown moulding, farmhouse sink, tile backsplash, and soft-close drawers and cabinets. The generous primary suite offers a walk-in closet, elegant ensuite, and direct deck access. Downstairs provides additional bedrooms, a large family/recreation space, and excellent flexibility for extended family or rental income. Landscaped and fenced, close to parks and beaches. This new home comes with 2-5-10 warranty, and GST is applicable. (id:65958)

Subtype
Single Family
Structure
House
Community
Hammond Bay
Common interest
Freehold
Living area
3,563 square feet
Lot size
6,498 square feet
Lot dimensions
6498
Parking
4 total
Fireplace
1
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$8,181
Zoning
Residential
Photos
57
MLS#
1031956
Area
NANAIMO

Features and systems

Heating

Forced airNatural gas

Cooling

None

Lot

Central locationSouthern exposureOther

View

Mountain view
Negative cash flow ~$2,500/mo at these assumptions

Cash on cash

-11.55%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,131

Financing

Down payment$259,800
Loan amount$1,039,200
Mortgage$6,375/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595
Insurance$80
Maintenance$1,083
CapEx reserve$541
Vacancy loss$325

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 $6,375/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 14, 2026.

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