Residentiae.
For Sale · Vancouver Island

386 Avaani Way

Vancouver Island · V9R4J5

$915,000

6Bedrooms
3Bathrooms
4Parking
2,418Sq Ft

About this residence

Located in one of Nanaimo’s newer growing neighbourhoods and backing onto mature trees, this 6 bedroom, 3 bathroom home offers a functional layout with a legal 2 bedroom suite and modern finishings throughout. The main home features 4 bedrooms and 2 bathrooms with a bright open-concept design built for everyday living and entertaining. The two-tone kitchen adds a clean modern feel with plenty of workspace, new stainless steel appliances, and a large pantry for additional storage and functionality. The layout flows seamlessly into the living area complete with a cozy gas fireplace. The legal 2 bedroom, 1 bathroom suite offers excellent flexibility for extended family, guests, or rental income, while upgraded soundproofing between the spaces helps provide additional privacy and comfort. Built just 2 years ago, this home also includes the remainder of the 2-5-10 home warranty for added peace of mind. Set in a quiet area close to parks, schools, shopping, and everyday amenities, this is a great opportunity to own a newer home with income potential in a desirable location. Plus, save on GST compared to buying brand new. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
6
Bathrooms
3
Living area
2,418 sq ft
Lot size
6493
Parking
4 spaces
Fireplace
1
Year built
2023
Annual tax
$6,322
MLS®
1036225
Board
Vancouver Island
Status
Active
Listed
May 8, 2026
Updated
Jul 14, 2026

Room dimensions

RoomLevelDimensions
BedroomLower level10'4 x 9'9
StorageLower level9'9
BedroomLower level9'1 x 12'3
BedroomLower level9'2 x 12'3
BathroomLower level5' x 9'
KitchenLower level9'9 x 7'6
Living room/Dining roomLower level18'8 x 11'6
EntranceLower level15'7 x 6'10
BathroomMain level4-Piece
BedroomMain level11'6 x 9'7
BedroomMain level11'6 x 9'7
PantryMain level4'9
EnsuiteMain level5-Piece
Primary BedroomMain level11'10
Living roomMain level15' x 17'
Dining roomMain level15'7
KitchenMain level15'6

Features & finishes

Heating

  • Forced air
  • Natural gas

Financing

Mortgage calculator

Estimated monthly payment

$4,279/mo

Amortization

Loan amount

$732,000

Down payment

$183,000

Estimate only. Rates and terms vary by lender and qualification.

Powered by Lenderoo.ca

Location & area

Vancouver Island

About the area

Census · V9R
31,992
Population
41
Median age
$67,500
Median income
$548,000
Median home value
60%
Home ownership
21 min
Avg. commute

Age distribution

0–14
14%
15–24
11%
25–44
28%
45–64
25%
65+
21%

Tenure

60% owners40% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 386 Avaani Way?

386 Avaani Way is listed for $915,000, in Vancouver Island.

How many bedrooms and bathrooms does 386 Avaani Way have?

It offers 6 bedrooms and 3 bathrooms.

What type of home is 386 Avaani Way?

386 Avaani Way is a Single Family, House, built in 2023.

How large is 386 Avaani Way?

The home offers approximately 2,418 sq ft of living space on a lot measuring 6493.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,279. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $6,322 per year.

Is there parking?

Yes — 386 Avaani Way includes 4 parking spaces.

What is the Vancouver Island area like?

Vancouver Island has a population of about 31,992, a median age of 41, a 60% home-ownership rate, with an average commute of about 21 minutes.

What is the average home value in Vancouver Island?

The median dwelling value in this area is approximately $548,000, based on census data via Neighbourly.

What is the median household income in Vancouver Island?

The median household income in this area is approximately $67,500.

Private viewings

Arrange a private viewing of 386 Avaani Way.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

Explore more homes