2500 Myles Lake Rd

2500 Myles Lake Rd · Nanaimo · House · 4 bed · 4 bath · $1,199,000 · MLS 1037809

Nanaimo, British Columbia
C$1,199,000
For sale
2500 Myles Lake Rd

2500 Myles Lake Rd is located in Nanaimo. Property snapshot: House, 4 bed, 4 bath, listed at $1,199,000, MLS 1037809. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list

List Price: $1,199,000
MLS: 1037809
Bedrooms: 4
Bathrooms: 4
Interior Size: 2,423 sqft
Days on Market: -
Days on Site: 47
Deal Score: 50/100
Price History: Latest recorded list price 1199000.00

Local Decision Guide

How should buyers evaluate 2500 Myles Lake Rd?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 2500 Myles Lake Rd?

This page shows a list price of $1,199,000 with MLS 1037809.

What type of home is this Nanaimo listing?

The page shows House, 4 bed, 4 bath at 2500 Myles Lake Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1199000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Experience the ideal balance of peaceful country living and refined lakeside living on this exceptional 5-acre waterfront estate. Set in a quiet, natural setting and thoughtfully custom-built, this home offers space, privacy, and flexibility rarely found on the market. With only five neighbouring properties sharing access to the motor-free lake, the setting is remarkably tranquil—perfect for swimming, paddleboarding, or simply enjoying the stillness of the water. The home features four bedrooms, a den, an office, and four bathrooms, providing ample room for families, guests, or multi-generational living. Over 900 sq ft of unfinished basement space offers excellent potential for a future suite, recreation room, or expanded living area. The upper level is home to four well-appointed bedrooms, including a generous primary suite complete with a private ensuite and peaceful views. On the main level, an inviting open-concept layout seamlessly connects the kitchen, dining, and living areas—ideal for both everyday living and entertaining. Large windows frame stunning mountain and lake views, while the expansive wrap-around deck extends the living space outdoors, offering the perfect spot to relax, host gatherings, or take in the scenery year-round. The lower level boasts impressive 12-foot ceilings, an office, and a partially finished bathroom, providing a strong foundation for future development and customization. Outside, the 5-acre property offers plenty of room for additional outbuildings, a workshop (to be verified with the RDN), all while maintaining privacy and natural beauty. This is a rare opportunity to own a private lakeside retreat that combines serenity, space, and long-term potential. Please note that a second dwelling is not permissible on the property. Be sure to view the video and supporting documents. Measurements are approximate; buyers are to verify if important. (id:56153)

Property Details

House
Building Type
4
Bedrooms
4
Bathrooms
2009
Year Built
17 years
Age
47
Days on Site
219,542 sf
Lot Area
2,423 sqft
Interior Size
C$495
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29833988 (1037809)

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Site Context

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Property Summary

Price: C$1,199,000

Lot Area: 219,542 sf

PID: 024-847-437

Days on Site: 47 days

Added to BurnabyHouse: 2026-06-01

Updated on: 2026-06-01 12:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Country Grocer
About 5 km away
82 Twelfth Street, Nanaimo
Shopping Centres
South Parkway Plaza
About 5 km away
Southgate Shopping Centre
About 5.2 km away
50 Tenth Street

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 01 Jun 2026 10:42:25 AM PDT

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