For Sale: 5560 Oceanview Terrace, Nanaimo, BC - REW
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$1,249,999
5 bd • 3 ba • 3010 sf • House
5560 Oceanview Terrace
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$1,249,999
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5560 Oceanview TerrNanaimo, BC, V9V 1G6

North Nanaimo
  • 5 Bed
  • 3 Bath
  • 3010 Sqft
  • House

About this home

Paradise by the Sea - North Nanaimo Living at its Finest! Welcome to one of the most prestigious and highly sought-after neighbourhoods in North Nanaimo. This impressive 3000+ sq ft residence sits on an expansive-15,000 sq ft rectangular corner lot, offering stunning ocean views and exceptional future potential. Thoughtfully maintained, this home features 5 generously sized bedrooms and 3 bathrooms, along with two independent laundry areas-perfect for extended families or added flexibility. The lower level includes a bright 2-bedroom walk-out suite, currently tenanted by a wonderful family, providing a valuable mortgage helper ( with their own Huge Driveway). The interior showcases a main-level entry design enhanced by skylights, filling the home with an abundance of natural light. The spacious living room captures picturesque ocean views and is complemented by portable fireplace, creating a warm and inviting atmosphere. The oak kitchen offers a charming eating nook and a convenient pass-through to the dining room, ideal for both everyday living and entertaining. Step outside to a large OCEAN VIEW deck with stairs leading to the backyard, creating the perfect space for relaxing, entertaining, and enjoying the coastal lifestyle. The cobblestone courtyard entrance adds timeless charm and a welcoming first impression, ideal for summer evenings. Enjoy year-round comfort with central heating and air conditioning. Bonus: Development Potential: Zoned R-5, this prime corner lot offers exciting opportunities for subdivision or multi-unit development, making it an excellent option for both investors and future growth. Freshly painted and move in ready! Please call Harman @ 778-245-0778 (id:63626)
Listed by: Harman Arora, Salesperson, Century 21 Coastal Realty Ltd.

Home facts and features

Price details
List Price
$1,249,999
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Gross Taxes for 2026
$6,073
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
6
Property Type
House
Lot Size
15000 ft²
Depth
Year Built
Built in 1981 (45 yrs old)
Title
Freehold
Heating Type
Heat Pump, Baseboard heaters
Cooling
Fully air conditioned
Features
Corner Site, Fire alarm system, Rectangular
Appliances
Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer
Community
Agent details
Primary Agent
Harman Arora
Primary Broker
Century 21 Coastal Realty Ltd.
Listing details
Days on REW
56 Days
Property Views
271
MLS® Number
1033290
Source
Canadian Real Estate Association
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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Property Insights

Frank J. Ney Elementary School
  • Public
  • K - 7
  • In Catchment
Dover Bay Secondary School
  • Public
  • 8 - 12
Hammond Bay Elementary School
  • Public
  • K - 7
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
Harman Arora
Phone:
778-245-0778
Cell:
778-245-0778
Office:
604-599-4888
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