Property Type: Condo / ApartmentOwnership: Strata

103-4477 MICHIGAN AVE

Powell River, BC V8A2S4

$334,900

2 bed2 bath1 parking1,088 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
irregular

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$284/mo
Annual property tax
$3,511

Interior

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

Exterior & Lot

View
Ocean view

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
FoyerMain level
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
4pc BathroomMain level
BedroomMain level
3pc Ensuite bathMain level
Laundry roomMain level

Listing Information

MLS®
19909
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
August 28, 2026

Listing provided by: 460 REALTY POWELL RIVER · Data source: CREA DDF.

Description

Easy-access first floor condo unit in a well-maintained building. With an ocean view from the deck and a comfortable two bedroom, two bath layout, this neatly kept condo is a great real estate investment. Enjoy a quiet welcoming atmosphere in this 55+ building with secure underground parking and storage locker. The kitchen, living and dining areas flow together providing convenient options for your living style and natural light from large glass slider out to the deck. The four-piece ensuite is a great feature providing convenience and privacy when guests come to visit. In popular condo complex in Powell River, this unit is a great option for maintaining your investment. (id:63159)

Values & Trends

This listing

$308/sqft

Building average

No other active listings in this building

Powell River average

$414/sqft

33 active listing(s)

Parking: 1 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

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Cote-du-SoleilElementary/Middle360 m
Assumption School(Independent)Elementary781 m
Westview Learning CentreElementary1.8 km
Westview ElementaryElementary1.8 km
Edgehill ElementaryElementary2.1 km
Powell River Christian School(Independent)Elementary/Middle2.7 km
Secondaire BrooksSecondary3.1 km
Brooks SecondaryElementary3.1 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.

Nearby Places

Restaurants (5+)

  • Forest Bistro & Lounge228 m
  • Thaidal Zone288 m
  • Coastal Cookery · 4553 Marine Avenue362 m
  • Costa del Sol · 4578 Marine Avenue398 m
  • Monks on Marine · 4603 Marine Avenue491 m

Cafes (4)

  • Jay's Place Cafe · 4593 Marine Avenue445 m
  • Tim Hortons · 4700 Joyce Avenue721 m
  • Starbucks736 m
  • Saint Amore International Sandwiches · 4722 Marine Avenue786 m

Grocery (1)

  • FreshCo610 m

Parks (3)

  • Welcome to Powell River Park222 m
  • Unnamed397 m
  • JP Dallos Field419 m

Shopping (4)

  • Unnamed603 m
  • Unnamed627 m
  • Unnamed649 m
  • Unnamed680 m

Gyms (1)

  • Anytime Fitness691 m

Pharmacies (1)

  • Powell River Pharmacy · 4280 Joyce Avenue636 m

Banks & ATMs (2)

  • RBC667 m
  • First Credit Union · 4121 Joyce Avenue788 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$267,920.00
Periodic payment — Principal & Interest (monthly)$1,728.53
Additional monthly expenses (strata, tax, utilities, etc.)$630.58
Total monthly cost$2,359.11
Interest paid over 5-yr term$76,786.64
Balance at end of term$240,994.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,745
Stress test qualifying rate8.09%
Payment you must qualify for$2,446.50

Cash Needed at Closing

Minimum down payment$16,745
Estimated BC PTT$4,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,943

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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