Property Type: Detached HouseOwnership: Freehold

1038 Redcap St

Duncan, BC V9L5X8

$1,050,000

3 bed3 bath6 parking2,513 sqftBuilt 1920
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Property Details

Property & Lot

Sub-type
House
Lot size
0.75 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,859.67

Interior

Heating
Oil, Wood
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
EntranceMain level12'1 x 12'0
BathroomMain level3-Piece
BedroomMain level11'1 x 11'8
KitchenMain level12'1 x 15'10
Living room/Dining roomMain level13'4 x 28'1
DenMain level10'1 x 11'8
Primary BedroomSecond level11'5 x 19'3
EnsuiteSecond level4-Piece
BedroomLower level15'6 x 11'7
BathroomLower level3-Piece
StorageLower level5'11 x 6'11
Laundry roomLower level15'3 x 18'11
Family roomLower level23'7 x 14'4

Listing Information

MLS®
1046673
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Island Properties (DU) · Data source: CREA DDF.

Description

One of the original maple bay homes! This 2,513 sq. ft. home sits on a private .76-acre lot with ocean views, easy beach access, and a separate shop for all the toys. The main floor centers on a bright living/dining room, den, kitchen, and a bedroom, all opening onto a covered balcony to take in the view. Upstairs, the primary suite offers a walk-in closet, 4- piece ensuite, and its own private balcony. Downstairs, a versatile flex space, an additional bedroom, and an oversized laundry room round out the home — ideal for family, guests, or hobbies. Three levels, ocean views, beach access, and a separate shop on nearly three-quarters of an acre — this property truly offers the best of Maple Bay. (id:63159)

Values & Trends

This listing

$418/sqft

Building average

No other active listings in this building

East Duncan average

$470/sqft

72 active listing(s)

Parking: 6 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

15°C

Humidity 82%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Maple Bay ElementaryElementary2.6 km
Queen of Angels School(Independent)Elementary/Middle5.7 km
Crofton Elementary Community SchoolElementary5.7 km
Alex AitkenElementary6.4 km
Alexander ElementaryElementary6.7 km
Duncan Christian School(Independent)K-126.7 km
Quamichan SchoolSecondary6.8 km
Des CascadesElementary7.4 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

Parks (2)

  • Maple Bay Beach389 m
  • Herd Road Park · 960 Herd Road403 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$614.31
Total monthly cost$6,033.70
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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