Property Type: Detached HouseOwnership: Freehold

1107 Kw'as Bay Rd

Cortes Island, BC V0P1K0

$999,000

3 bed2 bath4 parking1,085 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Lot size
1 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,562.76

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
KitchenMain level10'3 x 15'0
BedroomMain level10'3 x 7'4
StorageMain level8'9 x 9'8
Primary BedroomMain level9'5 x 13'5
Living roomMain level20'0 x 11'5
PantryMain level9'4 x 8'1
BedroomMain level10'3 x 8'9
BathroomMain level3-Piece
BathroomMain level3-Piece

Listing Information

MLS®
1041356
Listed
July 3, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (CR) · Data source: CREA DDF.

Description

Tucked between Hague Lake and Hanks Beach, 1107 Kwas Bay Road offers a level, full-sun, park-like setting on a fully fenced one acre. The 1,085 sq ft Panabode rancher with additions lives larger than its footprint: a covered deck entry opens to a bright kitchen–dining–living core that runs the width of the home, warmed by a woodstove (with electric baseboard heat as well) and finished in a cheerful modern-country ambiance. Two-plus bedrooms and two bathrooms round out the easy single-level layout — primary bedroom beside a full bath with tub, second full bath with walk-in shower, and a dedicated laundry room off the island kitchen. Outside is where this property tells its story. Mature forest and established heritage landscaping wrap the home in privacy, with fruit trees, flowering shrubs and perennials, and a garden area creating a true indoor-outdoor environment for BC summers — and a private ''TOLF'' course threading through the grounds, an invitation to slow down, step outside, and play. Outbuildings cover every practical need: workshop/garage, large woodshed, pumphouse, spot to park RV with hoookups, and carport with additional woodshed and separate storage. Shallow well with UV and particle filtration; septic system in place. Zoning permits a suite or an additional cabin of up to 645 sq ft — room to grow, host, or generate income. Launch a canoe or swim at the lakeside toward the end of Kw'as Bay Road, stroll to Kw'as Park, and reach parks, trails, beaches, docks, shops and services in a few minutes by vehicle — or comfortably by bike or on foot. Whether you're after a full-time island home or a recreational retreat, this is Cortes at its most livable: a rare, easy-living island holding. See additional flyer for fun info about Tolf Course! (id:63159)

Values & Trends

This listing

$921/sqft

Building average

No other active listings in this building

Cortes Island average

$617/sqft

12 active listing(s)

Parking: 4 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: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 9 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Cortes Island SchoolElementary1.4 km
Quadra ElementaryElementary17.7 km
Ècole Willow Point ElementaryElementary20.4 km
Ecole Phoenix MiddleElementary20.5 km
Cedar ElementaryElementary20.6 km
Mer-et-montagneElementary/Middle20.6 km
Ocean Grove ElementaryElementary20.7 km
Pinecrest ElementaryElementary20.8 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: Campbell River (SD72)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$350.90
Total monthly cost$5,507.06
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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