Property Type: Detached HouseOwnership: Freehold

1045 Matuka Dr

Nanoose Bay, BC V9P9L3

$2,695,000

4 bed4 bath10 parking5,283 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Lot size
2.7 acres
Zoning
Residential

CD14

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,600.26

Interior

Heating
Forced air, Other
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
Family roomLower level27'6 x 15'8
EntranceMain level9'6 x 7'11
BathroomMain level12'2 x 5'6
BathroomOther2-Piece
Utility roomLower level16'11 x 19'4
StorageLower level15'8 x 19'2
PantryMain level4'5 x 9'9
Recreation roomLower level15'8 x 30'2
Bonus RoomSecond level
Laundry roomMain level9'3
PatioMain level
BathroomMain level12'3 x 8'4
BedroomMain level12'3 x 10'10
BedroomMain level13'9
BedroomMain level13'9 x 11'8
EnsuiteMain level10'5 x 15'8
Primary BedroomMain level15'9
KitchenMain level16'6
Dining roomMain level12'3 x 13'6
Great roomMain level

Listing Information

MLS®
1045136
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Set on 2.7 picturesque acres in the highly sought-after River’s Edge community, this beautifully crafted 4-bed, 4-bath home showcases exceptional quality and thoughtful attention to detail. Soaring tray ceilings, oversized windows & elegant lighting create a bright interior, complemented by a mix of ¾” solid oak hardwood & tile flooring. Quality construction extends beyond what meets the eye, with insulated interior walls, solid-core interior doors, in-floor heating in the basement & garage, oil-rubbed bronze fixtures, and a cast-iron farmhouse sink. Outside, extensive concrete work includes the garage apron, walkways & patio areas, while 6” perimeter & roof drains add to the property’s well-planned infrastructure. The electrical system is designed to accommodate a generator with underground conduit already in place & approval for a second hydro service. Surrounded by privacy and natural beauty, this River’s Edge property offers a beautiful balance of quality, comfort & peaceful living (id:63159)

Values & Trends

This listing

$510/sqft

Building average

No other active listings in this building

Nanoose average

$625/sqft

47 active listing(s)

Parking: 10 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: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Errington ElementaryElementary5.5 km
Mountain View ElementaryElementary5.8 km
Springwood ElementaryElementary6.0 km
Nanoose Bay ElementaryElementary6.0 km
Ecole Secondaire Ballenas SecondarySecondary7.4 km
Pass/Woodwinds AlternateSecondary7.5 km
Oceanside ElementaryElementary9.5 km
Arrowview ElementaryElementary12.6 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: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($539,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,156,000.00
Periodic payment — Principal & Interest (monthly)$13,909.78
Additional monthly expenses (strata, tax, utilities, etc.)$1,147.36
Total monthly cost$15,057.14
Interest paid over 5-yr term$617,915.80
Balance at end of term$1,939,328.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$539,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,578.89

Cash Needed at Closing

Minimum down payment$539,000
Estimated BC PTT$58,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$599,350

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.

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