$1,368,000
5615 Oceanview Terr
Beds
6
Baths
5
Sqft
—
Year
2011
Type
Single Family
Suite
Legal suite
Location 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.
About this home
Welcome to this exceptional custom-built home in one of North Nanaimo’s most sought-after neighbourhoods. Offering approximately 3,959 sq ft of well-designed living space, this impressive residence features 6 bedrooms and 5 bathrooms, including two primary suites with private ensuites—ideal for extended family or added flexibility. The main level is designed to impress with vaulted ceilings, hardwood floors, and expansive windows that capture panoramic ocean and mountain views. The chef-inspired kitchen features granite countertops, a large island, stainless steel appliances, and rich cabinetry, complemented by a separate spice kitchen for added convenience. The open-concept living and dining areas flow seamlessly onto a generous front deck, creating the perfect setting for entertaining or relaxing while enjoying the views. The spacious primary bedroom offers deck access, a walk-in closet, and a luxurious 5-piece ensuite. The lower level welcomes you with a grand foyer, elegant staircase, and additional living space including a family room or home office. A fully self-contained 2-bedroom legal suite with separate entrance and laundry provides an excellent mortgage helper or investment opportunity, with a layout designed for strong rental appeal. Situated on one of the widest lots in the subdivision, this property offers ample parking, including space for an RV or boat. The sunny south-facing backyard backs onto a park, providing privacy and a peaceful outdoor setting ideal for gardening or family enjoyment. With impressive curb appeal, quality finishes throughout, and a versatile layout, this home offers the perfect combination of luxury, functionality, and income potential in a prime location. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- North Nanaimo
- Common interest
- Freehold
- Living area
- 3,959 square feet
- Lot size
- 7,405 square feet
- Lot dimensions
- 7405
- Parking
- 6 total
- Fireplace
- 1
- On market
- Apr 28, 2026
- Status changed
- Apr 29, 2026
- Annual tax
- $8,671
- Zoning
- Residential
- Photos
- 54
- MLS#
- 1033862
- Area
- NANAIMO
Features and systems
Parking
Heating
Cooling
Cash on cash
-0.76%
Cap rate
4.71%
GRM
13.9
Break-even rent
$8,381
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Location 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 29, 2026.