Property Type: Detached HouseOwnership: Freehold

1010 COWAN POINT DRIVE

Bowen Island, BC V0N1G2

$2,395,000

4 bed3 bath2 parking4,105 sqftBuilt 2008
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
1.13 acres
Frontage
136 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,852.83 (2026)

Interior

Heating
Radiant heat, Propane
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3152040
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Wake up to spectacular sunrises and sweeping southeast ocean views toward Vancouver, the Gulf Islands, and Vancouver Island from this immaculately maintained 4-bedroom, 4,105 sq. ft. Bowen Island home. A level driveway, level entry, and spacious main-floor primary bedroom with a 5-piece ensuite and walk-in closet provide excellent one-level living potential. Timber-frame accents, soaring ceilings, in-floor heating on both levels, two wood-burning fireplaces, and water views from every living space create a warm and inviting retreat. The lower level offers room to relax and room for hobbies, additional bedrooms, and suite potential. The expansive main floor deck with its covered area and heaters invites year-round outdoor living, while the sunny, private lot backs onto protected greenspace. Complete with a 2-car garage, Navien on-demand hot water, generator sub-panel, and a location just minutes from the golf course. Stay friendly. (id:63159)

Values & Trends

This listing

$583/sqft

Building average

No other active listings in this building

Bowen Island average

$1,031/sqft

41 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Gibsons

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

4,256

(2021 Census)

+15.7% since 2016

Density: 84.9/km²

Dwellings: 2,036

Median household income: $111,000

After-tax: $95,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • United Kingdom7.3% · 310
  • United States of America3.8% · 160
  • South Africa, Republic of1.9% · 80
  • Hong Kong0.7% · 30
  • Germany0.6% · 25
  • Mexico0.5% · 20
  • Korea, South0.5% · 20
  • France0.4% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Island Pacific School(Independent)Middle4.3 km
Bowen Island Community SchoolElementary4.7 km
Gleneagles ElementaryElementary7.5 km
Eagle Harbour MontessoriElementary8.3 km
Rockridge SecondarySecondary8.8 km
Caulfeild ElementaryElementary8.9 km
Cypress Park PrimaryElementary9.9 km
Gibsons ElementaryElementary12.2 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: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($479,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,916,000.00
Periodic payment — Principal & Interest (monthly)$12,361.38
Additional monthly expenses (strata, tax, utilities, etc.)$1,109.40
Total monthly cost$13,470.78
Interest paid over 5-yr term$549,131.11
Balance at end of term$1,723,448.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$479,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,733.37

Cash Needed at Closing

Minimum down payment$479,000
Estimated BC PTT$49,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$530,350

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.

Request more information