Property Type: Detached HouseOwnership: Freehold

0 Fernie Island

Gulf Islands, BC V0V0V0

$4,650,000

0 bed0 bath
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Property Details

Property & Lot

Sub-type
House
Lot size
14.86 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,533.33

Interior

Heating
Baseboard heaters, Wood
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Room Dimensions

RoomLevelDimensions
OtherAuxiliary Building

Listing Information

MLS®
1021662
Listed
December 6, 2025
Time on market
On the market for 269 days
Data last synced
August 28, 2026

Listing provided by: Colliers · Data source: CREA DDF.

Description

Discover the unparalleled charm of Fernie Island, a private 15-acre retreat nestled in the heart of BC’s Southern Gulf Islands. Steeped in natural beauty and history, this property has been cherished by the same family for over 50 years and is now ready to welcome new stewards. Offering a unique blend of seclusion and accessibility, Fernie Island is located near the Saanich Peninsula, close to the BC Ferries terminal at Swartz Bay, Canoe Cove Marina, and Victoria International Airport. Whether traveling to Vancouver, Victoria, or international destinations, this island provides effortless connectivity while maintaining its serene character. The island features a protected harbour with a 10x40 dock, allowing all-tide access for small craft. Existing structures include a 2,100 sq. ft (approx.)three-season home with three bedrooms and a loft and immediate functionality while planning your dream residence. Additional accommodations and buildings include a year-round caretaker’s cabin overlooking the harbour, a partially renovated studio cabin perfect for guests, a workshop, storage buildings, and a covered sawmill area. Essential services are well-established, with hydroelectric power via submarine cable from Vancouver Island, a productive well with 14,000 gallons of water storage, and on-site septic. The island’s natural landscape features gentle park-like topography, low and medium bank water access, and a mature forest populated by coastal Douglas fir, arbutus, and junipers. Represented by Mark Lester, Personal Real Estate Corporation, and marketed through the Unique Properties Group of Colliers, Fernie Island is a rare opportunity to own a piece of British Columbia’s coastal paradise. Its combination of natural splendor, practical infrastructure, and prime location makes it an exceptional choice for residential or recreational use. Contact Mark Lester at Colliers International today to learn more and arrange a private viewing. (id:63159)

Location Insights

Weather

Nearest station: Victoria (Hartland)

Mainly Clear

15°C

Mainly Clear

Humidity 80%

Wind WNW 5 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Parkland SecondarySecondary2.3 km
North Saanich Middle SchoolMiddle2.4 km
Sidney ElementaryElementary3.2 km
Deep Cove ElementaryElementary4.7 km
ḰELSET ElementaryElementary6.3 km
SD 63 Individual Learning CentreSecondary9.6 km
Stelly's SecondarySecondary11.7 km
Brentwood College(Independent)Secondary12.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Saanich (SD63)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($930,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,720,000.00
Periodic payment — Principal & Interest (monthly)$24,000.18
Additional monthly expenses (strata, tax, utilities, etc.)$711.11
Total monthly cost$24,711.29
Interest paid over 5-yr term$1,066,162.69
Balance at end of term$3,346,152.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$930,000
Stress test qualifying rate8.09%
Payment you must qualify for$28,605.50

Cash Needed at Closing

Minimum down payment$930,000
Estimated BC PTT$150,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,082,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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