Property Type: Detached HouseOwnership: Freehold

1410 Red Granite Rd

Cortes Island, BC V0P1K0

$895,000

3 bed2 bath9 parking955 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
2.01 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,332.63

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
9

Room Dimensions

RoomLevelDimensions
StorageSecond level3'11 x 11'8
StorageSecond level23'7 x 11'8
BathroomOther7'5 x 5'6
OfficeOther13'6 x 10'7
BedroomAuxiliary Building23'0 x 11'6
WorkshopOther23'0 x 35'2
Living roomMain level11'10 x 19'10
KitchenMain level8'6 x 12'1
EntranceMain level7'10 x 17'4
Dining roomMain level8'10 x 12'1
BedroomMain level9'7 x 9'10
Primary BedroomMain level9'10 x 9'9
BathroomMain level6'6 x 6'2

Listing Information

MLS®
1033857
Listed
April 29, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.

Description

Charming 2-bedroom vintage cottage set on 2 beautifully landscaped acres with lovely views over Cortes Bay. Full of character, the home features a welcoming deck perfect for taking in the scenery. A standout feature is the impressive detached workshop, built in 1998 with power and water. Currently offering approximately 800 sq ft of finished space, it includes in-floor heating, large thermopane windows, pine ceilings, a built-in vacuum, and an air compressor system. The flexible layout also includes a 250+ sq ft studio, spacious office, and bathroom—making it an ideal candidate for conversion into a residence, studio, or gallery. A generous covered veranda adds to the appeal. Additional features include multiple outbuildings, three large bays (two with electric doors), two covered parking/storage areas, and a bright, sunny setting with mature arbutus, fir, and pine trees. With approximately 117 feet of waterfront and eligibility for a dock (subject to applicable approvals), a fully fenced garden, charming greenhouse, and a fire suppression system complete with a 3,000-gallon water tank, pump, and hoses, this property offers a rare blend of lifestyle and versatility. (id:63159)

Values & Trends

This listing

$937/sqft

Building average

No other active listings in this building

Cortes Island average

$615/sqft

12 active listing(s)

Parking: 9 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
Ècole Willow Point ElementaryElementary22.8 km
Ecole Phoenix MiddleElementary22.9 km
Ocean Grove ElementaryElementary23.0 km
Mer-et-montagneElementary/Middle23.1 km
Cedar ElementaryElementary23.1 km
Pinecrest ElementaryElementary23.2 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% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$325.72
Total monthly cost$4,945.11
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

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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