Property Type: Detached HouseOwnership: Freehold

1387 Heriot Bay Rd

Quadra Island, BC V0P1H0

$978,000

4 bed2 bath4 parking1,782 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
20,038 square feet
Zoning
Non-conforming

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,511

Interior

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

Exterior & Lot

View
Ocean view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
StorageOther16' x 8'
WorkshopOther18' x 12'
Utility roomLower level20'9 x 14'8
BedroomLower level13'0 x 8'7
BedroomLower level13'0 x 9'3
BedroomSecond level15'2 x 11'0
BathroomSecond level2-Piece
Primary BedroomSecond level13'5 x 11'11
BathroomMain level4-Piece
Living roomMain level13'6 x 10'1
Dining roomMain level21'2 x 17'2
KitchenMain level18'9 x 10'2

Listing Information

MLS®
1034307
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Advance Realty · Data source: CREA DDF.

Description

Extensively renovated home on 0.46 acre oceanview property, located a short walk from the entry to Rebecca Spit Provincial Park! This 4 bedroom, 2 bathroom home has undergone significant renovations since 2022 including all new electrical upgrades, a new roof (2025), new engineered hardwood flooring, new drywall, paint & fixtures, updated kitchen & bathrooms, new water filtration system & new well pumps & water line. You enter the home through the covered deck at the back, to the kitchen. The kitchen boasts quartz counters, stainless steel appliances, large island with eating counter. Next to the kitchen is the updated main floor bathroom with soaker tub & large tiled shower. The kitchen also opens to the dining room with French doors opening to the deck at the front of the home and the living room. Stairs lead to the upper floor where you’ll find the primary bedroom with 2 closets, a new 2pc bathroom & second bedroom with private balcony. The lower floor has 2 more bedrooms & an unfinished storage/utility room with lots of shelving & laundry area. There is a 12’x18’ workshop behind the home, plus a 19’x19’ carport and 8’x16’ wood/storage shed. A large lawn area surrounds the home with a fire pit in the back yard. A nice mix of mature trees provide lots of privacy from neighbours. This property offers ocean views across Drew Harbour to Rebecca Spit Provincial Park and is in a great location, close to the entry to Rebecca Spit or a short drive from services in Heriot Bay. Book your showing today and see all this lovely Quadra Island property has to offer! Quadra Island – it’s not just a location, it’s a lifestyle…are you ready for Island Time? (id:63159)

Values & Trends

This listing

$549/sqft

Building average

No other active listings in this building

Quadra Island average

$719/sqft

15 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 W 3 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
Quadra ElementaryElementary5.1 km
Ecole Phoenix MiddleElementary8.5 km
Ecole Des Deux Mondes ElementaryElementary9.1 km
Ripple Rock ElementaryElementary9.4 km
Carihi SecondaryElementary9.4 km
Secondaire CarihiSecondary9.4 km
Cedar ElementaryElementary9.4 km
Pinecrest ElementaryElementary10.4 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.

School district: Campbell River (SD72)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$782,400.00
Periodic payment — Principal & Interest (monthly)$5,047.78
Additional monthly expenses (strata, tax, utilities, etc.)$298.25
Total monthly cost$5,346.03
Interest paid over 5-yr term$224,238.09
Balance at end of term$703,771.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,960.67

Cash Needed at Closing

Minimum down payment$72,800
Estimated BC PTT$17,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,860

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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