Property Type: Detached HouseOwnership: Freehold

1395 Manzanita Rd

Cortes Island, BC V0P1K0

$899,000

4 bed2 bath4 parking1,874 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
5.29 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,041

Interior

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

Exterior & Lot

View
Ocean view

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
BedroomMain level11'8
BedroomSecond level11'7 x 9'10
BedroomSecond level13'6
BathroomMain level3-Piece
BathroomMain level8'7 x 10'4
Primary BedroomMain level9'4 x 13'5
Sitting roomMain level11'8
KitchenMain level11'7 x 13'5
Living roomMain level15'7 x 13'5

Listing Information

MLS®
1033726
Listed
May 4, 2026
Time on market
On the market for 119 days
Data last synced
August 28, 2026

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

Description

Discover a rare opportunity to own 5.29 acres in the highly sought-after south end of Cortes Island, ideally situated in Cortes Bay. This sun-drenched property boasts desirable southern exposure and showcases the natural beauty of the West Coast with stunning bluffs and mature arbutus and manzanita trees. Picturesque views overlooking Cortes Bay, creating a serene and private setting perfect for a peaceful retreat or full-time living. The charming two-level home is filled with character and warmth, featuring a bright, cheerful interior and a spacious sundeck. The property is serviced with a drilled well and septic system. Located just a short drive to stores and the ferry. Cortes Bay offers convenient boat launch access along with nearby Vancouver and Seattle Yacht Clubs, making this an exceptional location for boating enthusiasts. A unique blend of natural beauty, privacy, and coastal lifestyle—this is Cortes Island living at its finest. (id:63159)

Values & Trends

This listing

$480/sqft

Building average

No other active listings in this building

Cortes Island average

$653/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 SchoolElementary3.7 km
Quadra ElementaryElementary20.1 km
Surge Narrows ElementaryK-1222.7 km
Ecole Phoenix MiddleElementary23.0 km
Ècole Willow Point ElementaryElementary23.1 km
Cedar ElementaryElementary23.2 km
Mer-et-montagneElementary/Middle23.3 km
Pinecrest ElementaryElementary23.4 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: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$430.75
Total monthly cost$5,070.78
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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