All Victoria BC Homes with Suite for Sale
5531 Oceanview Terr
Nanaimo
V9V 1G6
$1,080,000
Residential
beds: 6
baths: 4.0
3,286 sq. ft.
built: 1974
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 995362
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1974
- Photos (63)
- Schedule / Email
- Send listing
- Mortgage calculator
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Schedule a viewing:
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1974 (Age: 51)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,286 sq. ft.
- Auxiliary Building Living Area:
- 724 sq. ft.
- Main Building Living Area:
- 2,562 sq. ft.
- Listing General Location:
- Na North Nanaimo, Nanaimo
- Bedrooms:
- 6
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 15,000 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls, Stone, Stucco & Siding, Wood
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 3,647 sq. ft.
- Total Unfinished Area:
- 361 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 7
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 2
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 2
- # Other Level Bathrooms:
- 1
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 1
- Living Area Lower Floor:
- 1,103 sq. ft.
- Living Area Main Floor:
- 1,459 sq. ft.
- Living Area Other Floor:
- 724 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Dishwasher, F/S/W/D
- Fencing: Full, Garden
- Ocean
- Split Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 3
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Other Equipment:
- Central Vacuum
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Utilities:
- Electricity Connected
- Exposure / Faces:
- North
- Layout:
- Split Entry
- Lot Site Features:
- Level, Private, Quiet Area, Recreation Nearby, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Additional Parking, Driveway, Garage
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Apr 14, 2025
- Original Price:
- 1080000.0
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- Listings on market:
- 240
- Avg list price:
- $699,900
- Min list price:
- $274,800
- Max list price:
- $20,000,000
- Avg days on market:
- 64
- Min days on market:
- 1
- Max days on market:
- 1,123
- Avg price per sq.ft.:
- $507.94
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
When looking to buy Real Estate in Victoria BC, most home buyers are looking for a mortgage helper. Especially a home with a suite. The beauty of having a suite in the home is that you have reliable rent coming in, while it pays off your mortgage and the value of your property increases.
Victoria Real Estate has proven to be very strong. Home prices continue to increase as we have limited land supply and as a lot of Canadians wish to retire on this beautiful island. We are seeing high demand for homes, townhouses and condos on Vancouver Island, however the issue that we are facing now is the limited, land and housing supply. This is what is fueling an increase in home prices. As the market here expands, we are finding that home buyers, especially first time home buyers are starting to look for housing and real estate in the outskirts of the city, as prices are lower, as you move out of the inner city of downtown Victoria.
When home buyers or home sellers, are looking to invest, they always ask me, what makes this market so attractive to invest in for real estate. Well let us be honest, it is one of the most beautiful cities, safest cities, it is quiet, people are friendly, no traffic, and distances are not far. People love living on Vancouver Island, especially beautiful Victria. So there you go! My top reasons for buying real estate in beautiful Victoria BC.
If you are looking to get into the Real Estate Market in Victoria BC, please contact us and we will give you an honest, straight forward answer as to whether this is a market you should invest in or not, based on your circumstanes. Chat soon!