45 Riley Pl
$609,000
Hammond Bay
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About this home
Welcome to the highly desirable Hammond Bay neighbourhood, where stunning coastal scenery, top-rated schools, and everyday convenience create one of Nanaimo’s most sought-after places to call home. This move-in ready property presents an outstanding opportunity for first-time buyers, downsizers, or investors looking to establish themselves in a neighbourhood known for its long-term value and exceptional lifestyle. As one of the few freehold strata properties in Nanaimo, it offers the convenience of strata living while allowing you to own your home and land. Step inside to discover a bright and welcoming interior with thoughtful updates throughout. Fresh paint, updated windows, new kitchen tile, and a beautifully crafted feature wall create a warm, modern feel, while the tiled front entry adds a practical touch. The upper level captures beautiful ocean views, filling the living space with natural light and providing the perfect backdrop to everyday life. A newer washer and dryer, 125-amp electrical service, and baseboard heating throughout add to the home’s move-in-ready appeal. Location is where this property truly shines. Families will appreciate being within a desirable school catchment, while outdoor enthusiasts will love having Neck Point Park and Pipers Lagoon just minutes away. Whether you’re enjoying waterfront walking trails, watching the sunset, launching a kayak, or spending the afternoon at the beach, some of Nanaimo’s most spectacular natural amenities are practically at your doorstep. Shopping, restaurants, recreation facilities, transit, and all daily conveniences are also just a short drive away. Whether you’re looking for your first home, a low-maintenance lifestyle, or a smart investment in one of Nanaimo’s premier neighbourhoods, this property delivers. Combining ocean views, tasteful updates, a rare freehold strata ownership, and an unbeatable Hammond Bay location, this is an opportunity to enjoy an exceptional lifestyle at an attainable price. (id:65179)
Property details
From the listing's public record.
Lot size
3,662 square feet
Year built
1977
Taxes
$3,413/yr
Strata / HOA
$280/month
Zoning
Residential
View
Heating
Parking
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 13, 2026
Listed $609,000
Active6 days on marketMLS 1042522Mar 31, 2022
$575,000
Sold6 days on marketMLS 896003
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Hammond Bay
Active (same type)
1
Pending
0
All active listings
2
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$507,000
Local price trend
How Hammond Bay has moved over the last decade.
Local price index (normalized) · 119 months
What would this home cost?
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Estimate
Monthly mortgage
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Loan amount
$609,000 − $121,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$133,480
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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Listed by Real Broker B.C. Ltd.