Property Type: Detached HouseOwnership: Freehold

149 Pilkey Point Rd

Thetis Island, BC V0R2Y0

$849,000

5 bed3 bath6 parking2,747 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
2 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,040

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
StorageOther9'9 x 15'10
Hobby roomOther16'4 x 9'11
WorkshopOther15'6 x 13'9
Laundry roomLower level7'10 x 4'8
KitchenLower level7'10 x 16'8
EnsuiteLower level3-Piece
BedroomLower level12'6 x 9'2
EnsuiteLower level3-Piece
BedroomLower level13'4 x 9'2
EntranceLower level13'4 x 11'11
Recreation roomLower level13'4 x 20'6
BathroomMain level5-Piece
BedroomMain level9'9 x 11'10
BedroomMain level13'3 x 9'6
Primary BedroomMain level13'6 x 14'3
SunroomMain level7'8 x 7'9
KitchenMain level13'3 x 11'7
Living roomMain level13'6 x 20'7
Dining roomMain level13'3 x 10'8

Listing Information

MLS®
1021758
Listed
December 13, 2025
Time on market
On the market for 261 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Dunc) · Data source: CREA DDF.

Description

*Brand New Vinyl decks* Ocean view home with 2 bdr mortgage helper on 2 acre property close to sandy beaches, trails, ferry, pub, marinas, elementary school, cafe & store and more all on picturesque Thetis Island. This home has a lot to offer. 2/3 bdrs on the main level with large open liv/dining area & kitchen all opening onto large deck space for indoor/outdoor living. Downstairs is a self contained, 2 bdr/2bath suite which coul rent @ approx.$ 1,300/mth. Large living area, kitchen, laundry and outdoor decks with hot tub. Previously run as a B&B. Detached double garage, large workshop, detached equipment storage. Metal roof, new heat pump, on-demand hot water, good well and updated septic system. Telus high speed fiber optic internet fabulous to work from home. BC Ferries has 10 sailings a day to Thetis from Chemainus at 21.50 car & driver return fare with Experience Card. No Vacancy or Speculation Taxes here. BC Assessment valued at $ 949,000. listed 80,000 below (id:63159)

Values & Trends

This listing

$309/sqft

Building average

No other active listings in this building

Thetis Island average

$561/sqft

4 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: Duncan

14°C

Humidity 86%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Thetis Island ElementaryElementary2.1 km
Stz'uminus Senior Secondary(Independent)Secondary8.3 km
Chemainus SecondaryK-129.1 km
Chemainus Elementary Community SchoolElementary9.2 km
Ladysmith IntermediateElementary12.0 km
Ladysmith PrimaryElementary12.1 km
Ladysmith SecondarySecondary12.3 km
Fernwood ElementaryElementary13.3 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: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$557.00
Total monthly cost$4,938.97
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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