For Sale: 5557 Big Bear Ridge, Nanaimo, BC - REW
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$549,999
3 bd • 3 ba • 1301 sf • House
5557 Big Bear Ridge
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$549,999
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5557 Big Bear RidgeNanaimo, BC, V9T 2K3

Pleasant Valley
  • 3 Bed
  • 3 Bath
  • 1301 Sqft
  • House

About this home

Development site in the heart of Pleasant Valley: an 18,000 sq ft (0.41 acre) R5-zoned lot with municipal water and sewer already connected. Under Nanaimo's small-scale multi-unit housing zoning, R5 allows up to four dwelling units on a lot this size, from a fourplex or triplex to two detached homes with suites, with no maximum floor area ratio. The extra-deep lot steps down from the road beneath mature trees, suiting a terraced or walk-out design, or one substantial new home with a large private yard. A three-bedroom manufactured home sits on the site today; the value here is in the land. Quiet ridge road close to shopping, transit and the Nanaimo Parkway. Ideal for developers planning a fourplex, triplex or duplex; individuals with a dream of designing and building their own home; or buyers seeking an affordable entry onto a large lot with the option to build later. Buyer to verify zoning with the City of Nanaimo. Measurement is approximate.
Listed by: Alvin Tan PREC*, eXp Realty (NA)

Home facts and features

Price details
List Price
$549,999
Get Pre-Approved
Gross Taxes for 2025
$4,235
Home facts
Bedrooms
3
Full Bathrooms
3
Parking Spaces
1
Parking Details
Garage, Open
Property Type
House
Lot Size
18000 ft²
Year Built
Built in 1976 (50 yrs old)
Title
Freehold
Style
Rancher
Exterior Finish
Frame Metal,Other
Heating Type
Baseboard, Electric, Heat Pump
Cooling
Air Conditioning
Basement Details
Other
Community
Agent details
Primary Agent
Primary Broker
eXp Realty (NA)
Listing details
Days on REW
1 Day
MLS® Number
1047925
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Pleasant Valley Elementary School
  • Public
  • K - 7
  • In Catchment
Dover Bay Secondary School
  • Public
  • 8 - 12
Aspengrove School
  • Independent
  • K - 12
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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Call Agent
Alvin Tan PREC*
Phone:
7787623235
Cell:
2509993837
Office:
833-817-6506
Fax:
866-253-9200
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