Residentiae.
For Sale · Vancouver Island

474 486 WAKESIAH AVENUE

Vancouver Island · V9R3K9

$1,040,000

4Bedrooms
3Bathrooms
4Parking
1,330Sq Ft

About this residence

x2 Homes on x2 lots with lane access. A perfect investment Land Assembly: This great development opportunity right next to the fast growing ever expanding Vancouver Island University. The offering is for two parcels 474 Wakesiah Avenue and 486 Wakesiah Avenue. They both have rentable dwellings with one that is vacant and the other is currently rented out mo/mo. Tenancy information is available on request. Build up for condos, or carriage homes for more rent. Plenty of opportunities here bring your ideas. Measurements and property dimensions taken from the City of Nanaimo map and reflect 13,800 Sqft of land. Information in listing is for 474 and 486 (other)! Please inquire within for details and your private viewing. We require to give the tenant plenty of notice. All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
4
Bathrooms
3
Living area
1,330 sq ft
Lot size
13800
Parking
4 spaces
Year built
1948
Annual tax
$5,237
MLS®
993151
Board
Vancouver Island
Status
Active
Listed
Mar 25, 2025
Updated
Mar 18, 2026

Room dimensions

RoomLevelDimensions
BathroomOther4-Piece
PorchOther15'0 x 4'0
Living roomOther13'9 x 11'9
KitchenOther8'6 x 10'6
BedroomOther9'5 x 9'2
Primary BedroomOther18'10 x 9'11
Laundry roomMain level6'1 x 7'5
Eating areaMain level9'2 x 7'7
KitchenMain level11'8 x 10'7
BedroomMain level9'9 x 14'6
Primary BedroomMain level11'0 x 11'9
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Living roomMain level15'3 x 13'2

Features & finishes

Heating

  • Electric

Financing

Mortgage calculator

Estimated monthly payment

$4,864/mo

Amortization

Loan amount

$832,000

Down payment

$208,000

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

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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 474 486 WAKESIAH AVENUE?

474 486 WAKESIAH AVENUE is listed for $1,040,000, in Vancouver Island.

How many bedrooms and bathrooms does 474 486 WAKESIAH AVENUE have?

It offers 4 bedrooms and 3 bathrooms.

What type of home is 474 486 WAKESIAH AVENUE?

474 486 WAKESIAH AVENUE is a Single Family, House, built in 1948.

How large is 474 486 WAKESIAH AVENUE?

The home offers approximately 1,330 sq ft of living space on a lot measuring 13800.

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 $4,864. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $5,237 per year.

Is there parking?

Yes — 474 486 WAKESIAH AVENUE 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 474 486 WAKESIAH AVENUE.

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

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