EXPLORE HOMES FOR SALE
IN NORTH NANAIMO

North Nanaimo is one of the most sought-after neighbourhoods in Nanaimo, known for its modern homes, ocean views, and strong real estate value. This desirable area offers a wide range of listings, including luxury waterfront estates, newer single-family homes, townhomes, and contemporary condos, appealing to families, professionals, and investors alike. Many properties feature open-concept designs, large windows, and elevated lots that capture panoramic views of the ocean and coastal mountains.

Homes For Sale in North Nanaimo

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5362 Dewar Rd
Na North Nanaimo Nanaimo V9T 5G1

$639,000
Residential beds: 0 baths: 0.0

Main Photo: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 1: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 2: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 3: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 4: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 5: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Photo 6: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
Status:
Active
Prop. Type:
Residential
MLS® Num:
1049264
North Nanaimo Premier Ocean-View Building Opportunity! Enjoy glorious panoramic ocean views from this exceptional building lot located at the top of the prestigious Ocean View Terrace development in the most desirable North Nanaimo. This elevated location offers some of the most impressive views in the city, stretching from Downtown Vancouver along the Mainland Coastal Mountains to the Sunshine Coast and beyond. Take in the ever-changing beauty of the Salish Sea and spectacular sunsets over the Winchelsea Islands, creating a stunning backdrop for your future home or development project. Ideally situated just minutes from shopping, schools, restaurants, parks, and a wide variety of outdoor recreational activities, offering both convenience and an outstanding West Coast lifestyle. A rare opportunity to build in one of North Nanaimo’s most sought-after ocean-view communities. Price plus GST. Measurements are approximate and should be verified if important.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na North Nanaimo, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
6,894 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Pending Date:
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R10
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Utilities:
Underground Utilities
Lot Site Features:
Shopping Nearby
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
4
Total Units:
Date Listed:
Sep 09, 2026
Original Price:
639000.0
  • Photo 1: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
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  • Photo 2: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
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  • Photo 3: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
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  • Photo 5: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
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  • Photo 6: 5362 Dewar Rd in Nanaimo: Na North Nanaimo Land for sale : MLS®# 1049264
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Listed by REMAX Professionals (NA)
Data was last updated September 11, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
187
Avg list price:
$888,000
Min list price:
$339,900
Max list price:
$3,500,000
Avg days on market:
46
Min days on market:
1
Max days on market:
568
Avg price per sq.ft.:
$416.95
These statistics are generated based on the current listing's property type and located in Na North Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
PAUL HENNESSY
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About North Nanaimo

Real estate in North Nanaimo is especially attractive due to its newer construction, well-planned subdivisions, and proximity to major amenities such as parks, beaches, and shopping centres like Woodgrove Centre. With strong demand, listings range from affordable condos to luxury homes exceeding $3 million, reflecting the area’s popularity and long-term investment potential.

With its coastal lifestyle, excellent schools, and diverse housing options, North Nanaimo remains one of the premier locations for buyers seeking quality real estate on Vancouver Island.

LET’S WORK
TOGETHER!

Paul Hennessy

250 729 6407

Office: 250.248.4321
173 W. Island Highway N.
Parksville, BC, V9P 2H1

Paul Hennessy

250 729 6407

Office: 250.248.4321
173 W. Island Highway N.
Parksville, BC, V9P 2H1