Property Type: Detached HouseOwnership: Freehold

1432 Madrona Dr

Nanoose Bay, BC V9P9C9

$2,100,000

5 bed4 bath6 parking3,377 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
House
Lot size
15,517 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,687

Interior

Heating
Heat Pump
Cooling / A/C
Fully air conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
StorageLower level5'7 x 15'5
Utility roomLower level10'2 x 13'11
OtherLower level11'0 x 13'2
BedroomLower level13'2 x 15'7
Family roomLower level14'5 x 16'11
PatioLower level11'7 x 38'10
BedroomLower level13'6 x 17'3
BathroomLower level4-Piece
StorageLower level13'2 x 27'4
BathroomMain level2-Piece
Laundry roomMain level7'2 x 7'3
KitchenMain level10'0 x 14'4
Dining nookMain level7'5 x 14'10
Dining roomMain level10'10 x 13'11
Living roomMain level16'3 x 27'9
Primary BedroomMain level13'6 x 15'5
EnsuiteMain level4-Piece
BathroomMain level4-Piece
BedroomMain level10'7 x 13'6
BedroomMain level10'11 x 11'10
EntranceMain level7'3 x 11'3

Listing Information

MLS®
1043509
Listed
August 11, 2026
Time on market
On the market for 20 days
Data last synced
August 28, 2026

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

Description

10 seconds to the beach. Some homes are measured in square feet. 1432 Madrona Drive is measured in mornings by the ocean, family gathered on the decks, and evenings watching the light disappear behind the mountains. Set on approximately 1/3 acre on coveted Madrona Drive, this 3,300+ sq. ft. home offers unobstructed ocean, island and mountain views from nearly every room, with private access down to the beach. Five bedrooms and four bathrooms include two primary suites, one on each level. A spectacular study and great room with fireplace and built-in bookshelves anchors the home, while 400+ sq. ft. of decking on both levels brings the waterfront setting into everyday life. Impeccable landscaping, a double garage and abundant additional parking complete the property. Lovingly built by the original owners, this is a rare Vancouver Island home ready for its next chapter. A place to make lifelong family memories, paired with the exceptional long-term appreciation of waterfront real estate. (id:63159)

Values & Trends

This listing

$622/sqft

Building average

No other active listings in this building

Nanoose average

$623/sqft

47 active listing(s)

Parking: 6 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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 ElementaryElementary5.1 km
Mountain View ElementaryElementary6.0 km
Springwood ElementaryElementary6.7 km
Ecole Secondaire Ballenas SecondarySecondary7.8 km
Pass/Woodwinds AlternateSecondary7.9 km
Errington ElementaryElementary8.3 km
Oceanside ElementaryElementary9.3 km
Arrowview ElementaryElementary12.8 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.

Nearby Places

Parks (2)

  • Craig Creek Estuary Community Park · 1657 Northwest Bay Road684 m
  • Stone Lake Drive Community Park748 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$892.92
Total monthly cost$11,731.71
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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