Question 1

How is 375 Cariboo Dr priced compared to similar homes in University District?

Accepted Answer

At about $362 per square foot, 375 Cariboo Dr is 4% below the $376/sq ft median for single-family homes currently for sale in University District (20 comparable listings). Price per square foot compares homes of different sizes fairly. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 2

What is the price per square foot at 375 Cariboo Dr?

Accepted Answer

Approximately $362 per square foot ($899,000 over 2,486 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 375 Cariboo Dr been on the market?

Accepted Answer

375 Cariboo Dr has been listed for 36 days. The average for single-family homes in University District is about 55 days. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 4

How quickly do homes sell in University District?

Accepted Answer

Homes like this in University District currently average about 55 days on the market (based on 20 comparable listings). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 5

What is the zoning at 375 Cariboo Dr?

Accepted Answer

375 Cariboo Dr is zoned R1 (Single Dwelling Residential), per City of Nanaimo records. Zoning governs permitted uses — confirm specifics with the City before relying on it. Contains information licenced under the Open Government Licence – Nanaimo.

Question 6

What parks are near 375 Cariboo Dr?

Accepted Answer

There are 14 parks within a kilometre of 375 Cariboo Dr. Within a short walk you'll find Black Diamond Park, Cariboo Park and Langara. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Third Street Park near 375 Cariboo Dr.

Accepted Answer

Third Street Park (about 1.4 ha), at 750 Third Street, is one of the parks near this home. Acquired in 2000, this 25. 3 hectare park borders Third Street and Jingle Pot Road. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 375 Cariboo Dr?

Accepted Answer

The City of Nanaimo currently lists 3 active development or rezoning applications in the area, including at 254 Adderly Road. Nearby development can affect views, traffic, and future value — worth reviewing before you buy. Contains information licenced under the Open Government Licence – Nanaimo.

Question 9

What is the difference between a legal suite and an in-law suite?

Accepted Answer

A legal secondary suite has been permitted and inspected by the municipality and meets building-code requirements for a separate dwelling — it can generally be rented out, and lenders may count its income toward mortgage qualification. An in-law or unauthorized suite hasn't been through that process; many function well, but the city can require upgrades and lenders may treat the income differently. If the suite matters to your plans, confirm its status with the City and your lender.

375 Cariboo Dr, Nanaimo BC V9R 6A4

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