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$5,250,000
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2988 Lofthouse Road
  • Nanaimo, BC, V9X 1N7
  • Cedar
  • 13 Bed
  • 10 Bath
  • 8126 Sqft
  • House
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Listed by:
  • Jason Simard PREC*
    eXp Realty
    103 Recommendations
    Contact Me
ONE OF A KIND OPPORTUNITY to own a rare piece of VI real estate w/ this approx 100 acre property that includes 95 acres of gently sloping agricultural land which has never been farmed and has potential to be granted organic status (buyer to do their own inquiries), 4 separate titled stratified ocean view homes each w/ approx. 1.2 acres of land which all have access to use the approx. 95 acres of CP! Build your dream home, set up both agricultural & farm & consider the investment opportunity w/ 4 established homes that each have 180 degrees of ocean, mountain & Gulf Island views. This property allows for multiple uses w/ the AGD1 zoning. The sky is the limit with the potential on this property. All this and the ability to have low farm status tax rates. Don’t miss your chance to have it all. Msmts approx., pls verify if important.

Home facts and features

Price details
List Price
$5,250,000
Get Pre-Approved
Gross Taxes for 2022
$5,192
Strata Maintenance Fees
$0
Home facts
Bedrooms
13
Bathrooms
10
Property Type
House
Lot Size
97.0 acres
Title
Freehold/Strata
Style
Other
Heating Type
Baseboard, Electric
Features
Acreage, Pasture, Quiet Area, Rural Setting
Appliances
Fridge/Stove/Washer/Dryer
Community
Cedar
Agent details
Primary Agent
Myles McCullough PREC*
Primary Broker
eXp Realty
Secondary Agent
Jason Simard PREC*
Secondary Broker
eXp Realty
Listing details
Days on REW
176 Days
Property Views
1111
MLS® Number
915683
Source
Victoria and Vancouver Island MLS

Mortgage Calculator

Estimated Payments
Get Pre-Approved
Purchase Price
Mortgage Total
Down Payment
Percent
%
Mortgage Insurance
Amortization
25 Years
Interest Rate
4.69 %

Today's rates at a glance

  • 4.69%
  • /mo
  • 5 Year
REW Money
  • 5.09%
  • /mo
  • 3 Year
REW Money
  • 5.69%
  • /mo
  • 2 Year
REW Money
  • 5.89%
  • /mo
  • 1 Year
REW Money
  • 5.89%
  • /mo
  • 10 Year
REW Money
  • 5.90%
  • /mo
  • 5 Year
REW Money

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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Property Insights

Cedar School
  • Public
  • Pre-K - 7
2.78 km
Cedar Community Secondary School
  • Public
  • 8 - 12
3.53 km
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly. Report Incorrect Info
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ClimateCheck®

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of Canada. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

REW does not endorse nor guarantee this information. REW strongly recommends that consumers independently investigate the property's climate risks to their own personal satisfaction.

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MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate. Listing data was last updated on 2023-03-23.
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Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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Call Agent
Myles McCullough PREC*
Phone:
(250) 751-1223
Cell:
250-751-1223
Office:
833-817-6506
Jason Simard PREC*
103 Recommendations
Phone:
250-591-1160
Cell:
250-591-1160
Office:
833-817-6506
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