997 Cedar Rd
$599,900
Cedar
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About this home
Development property. Investor alert. 3 bed, 2 bath, 1246 sq ft double wide on .74 acres with large mudroom, deck and detached shop. AR1 zoning, City water, adjacent to the ''Sandstone'' development site. Ideal as a holding property, it can be rented out or serve as a primary residence. (id:65179)
Property details
From the listing's public record.
Lot size
0.74 acres
Year built
1971
Taxes
$4,622/yr
Zoning
Residential
Heating
Cooling
How this listing compares
Based on 140 sales in NanaimoMedian sold
$272,500
Avg days on market
56 days
Avg sale-to-list
95.8%
Avg $/sqft
$265
Price per square foot
Above area average
Current market in Nanaimo
Active (same type)
44
Pending
17
All active listings
926
Months of supply
3.8
Seller's market — 3.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Nanaimo sell at 98% of assessed value on average.
Based on 15 recent sales.
Local price trend
How Cedar has moved over the last decade.
Local price index (normalized) · 114 months
Recent nearby sales
12 sales125-1736 Timberlands Rd
$210,000
2 bd · 1 ba · 1,236 sqft · $170/sqft · 219 days on market
Sold Jun 25, 2026 · 95.9% of list
1026 Collier Cres
$389,000
2 bd · 1 ba · 973 sqft · $400/sqft · 14 days on market
Sold Jun 25, 2026 · 99.8% of list
16-1000 Chase River Rd
$195,000
2 bd · 1 ba · 1,358 sqft · $144/sqft · 31 days on market
Sold Jun 22, 2026 · 97.6% of list
189-3856 Honey Locust Dr
$575,900
2 bd · 2 ba · 2,393 sqft · $241/sqft · 44 days on market
Sold Jun 19, 2026 · 99.3% of list
127-6325 Metral Dr
$179,000
2 bd · 1 ba · 927 sqft · $193/sqft · 22 days on market
Sold Jun 12, 2026 · 94.7% of list
4024 Valewood Dr
$590,000
2 bd · 2 ba · 1,569 sqft · $376/sqft · 15 days on market
Sold Jun 11, 2026 · 101.7% of list
3-2501 Labieux Rd
$265,000
2 bd · 2 ba · 1,056 sqft · $251/sqft · 18 days on market
Sold Jun 4, 2026 · 101.9% of list
6001 Pine Park Pl
$545,000
3 bd · 2 ba · 930 sqft · $586/sqft · 75 days on market
Sold Jun 3, 2026 · 100% of list
3980 Valewood Dr
$425,000
3 bd · 2 ba · 1,240 sqft · $343/sqft · 41 days on market
Sold Jun 1, 2026 · 96.6% of list
8-80 Fifth St
$238,000
2 bd · 1 ba · 964 sqft · $247/sqft · 10 days on market
Sold May 29, 2026 · 99.6% of list
3866 Mimosa Dr
$545,000
2 bd · 2 ba · 1,141 sqft · $478/sqft · 43 days on market
Sold May 28, 2026 · 98.2% of list
116-1736 Timberlands Rd
$152,000
2 bd · 1 ba · 1,108 sqft · $137/sqft · 44 days on market
Sold May 21, 2026 · 89.5% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Royal LePage Nanaimo Realty LD