Property Type: TownhouseOwnership: Strata

1384 Cape Cod Dr

Parksville, BC V9P2Y3

$1,125,000

3 bed2 bath4 parking1,898 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Multi-Family

CD11

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$624/mo
Annual property tax
$5,585

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level19'9 x 12'4
Living roomMain level15'9 x 19'4
Laundry roomMain level7'9 x 6'1
KitchenMain level12'7 x 13'2
EntranceMain level6'10 x 11'1
EnsuiteMain level3-Piece
Dining nookMain level9'0 x 13'2
Dining roomMain level9'11 x 16'10
BedroomMain level12'4 x 12'4
BedroomMain level11'8 x 10'5
BathroomMain level4-Piece

Listing Information

MLS®
1044036
Listed
July 29, 2026
Time on market
On the market for 33 days
Data last synced
August 28, 2026

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

Description

Beautiful Newcastle model home in the sought-after waterfront community of Craig Bay. This beautifully appointed 3-bed, 2-bath home offers easy one-level living with an open-concept floor plan. Soaring 11' ceilings & oversized windows fill the great room with natural light, while built-in shelving surrounds the gas fireplace. The spacious kitchen features granite counters, maple cabinetry, abundant storage & generous prep space. The primary suite offers a walk-in closet & spa-like ensuite with updated walk-in double shower, safety bars, heated floor & towel rack. A guest bedroom with Murphy bed offers flexibility for visitors or a home office. Step outside to the extended patio & private backyard, with the forest beyond creating a peaceful natural backdrop. Enjoy Craig Bay lifestyle with clubhouse, outdoor pool, hot tub, sauna, gym, tennis court, woodworking shop, artisan's studio, guest accommodations & an active calendar of social groups & events. Resort style living at it's best. (id:63159)

Values & Trends

This listing

$593/sqft

Building average

No other active listings in this building

Craig Bay average

$354/sqft

1 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: 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.

Population

13,642

(2021 Census)

+9.5% since 2016

Density: 939.5/km²

Dwellings: 7,105

Median household income: $66,500

After-tax: $61,200

Immigrant population: 17.1%

Top countries of origin (% of total population)

  • United Kingdom6.7% · 915
  • Germany1.6% · 215
  • Philippines1.5% · 210
  • United States of America1.4% · 195
  • Netherlands0.7% · 90
  • China0.4% · 50
  • Korea, South0.3% · 45
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Nanoose Bay ElementaryElementary5.3 km
Springwood ElementaryElementary5.6 km
Mountain View ElementaryElementary5.9 km
Errington ElementaryElementary6.9 km
Ecole Secondaire Ballenas SecondarySecondary6.9 km
Pass/Woodwinds AlternateSecondary7.1 km
Oceanside ElementaryElementary8.6 km
Arrowview ElementaryElementary12.1 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 (1)

  • Craig Bay Clubhouse · 1301 Cape Cod Drive402 m

Parks (2)

  • Craig's Crossing412 m
  • Rotary Peach Park669 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($87,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$900,000.00
Periodic payment — Principal & Interest (monthly)$5,806.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,184.42
Total monthly cost$6,990.91
Interest paid over 5-yr term$257,942.59
Balance at end of term$809,552.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$87,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,978.01

Cash Needed at Closing

Minimum down payment$87,500
Estimated BC PTT$20,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$109,500

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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