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For Sale · Nanaimo

$829,900

2348 Yellow Point Rd, Nanaimo

Tour this home

Bedrooms

Bathrooms

1,403

Size

1948

Year built

About This Home

The details.

Tired of city living and cramped lots with no privacy? This 5.5-acre Yellow Point property offers a rare opportunity to create your ideal rural lifestyle, with south-facing mountain views. The mostly usable land provides endless potential, including space for a workshop (verify if important). The rancher-style home, originally built in approximately 1948, features 2 bedrooms, a spacious living area enclosed...

Summarizing the highlights...

MLS® 1042435Listing courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1948
Size: 1,403 sqft
Lot size: 5.5 acres
Parking: 3 spaces
Listed on: 2026-07-06
Days on market: 11
MLS number: 1042435
Data source: Vancouver Island Real Estate Board

Market intelligence

Statistics and history.

Days on market

Nanaimo median asking

$750K

278 active listings

Price per sqft

$592

Based on 1,403 sqft interior

Where this price sits in Nanaimo

$325KThis listing$1.6M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$3,881

$663,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,881

Cash flow

-$3,881

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Nanaimo right now

278

Active listings

278

New this week

$749,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Nanaimo.

Household and demographic stats for Nanaimo, from the Statistics Canada 2021 Census.

99,863
Population (2021): 45.2
Median age: 43,164
Households: 2.3
Avg household size: 66.7%
Home ownership: $75,500
Median household income

Nanaimo neighbourhood guide Full census profile Nanaimo market trends

The immediate block around this home (0.7 km radius): about 537 residents in 223 homes, 117 people/km² (low-density).

Source: Statistics Canada 2021 Census, Nanaimo, City (CY); block-level figures from dissemination area 59210460.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

0.4of 10
Cedar Elementary
1.6 km
public · elementary
Rank 1,222 of 1,272 in BC (2025/2026) · FSA literacy + numeracy
Performance history
- 2025/2026 · elementary · Score 0.4 · Rank 1,222/1,272
- 2024/2025 · elementary · Score 0.3 · Rank 1,235/1,269
- 2023/2024 · elementary · Score 0.7 · Rank 1,182/1,267
no score data
Cedar Community Secondary
3.7 km
public · secondary

Locations: Statistics Canada, Open Database of Educational Facilities; straight-line distances. Scores are JULY's percentile rating (0-10) of BC Ministry of Education results: FSA literacy + numeracy averages for elementary grades 4 and 7, first-time Grade 12 graduation + honours rates for secondary. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.