Property Type: Detached HouseOwnership: Freehold

1552 Terrien Rd

Nanoose Bay, BC V9P9C3

$1,876,000

2 bed2 bath10 parking1,622 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
4.1 acres
Zoning
Residential

RS1F

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,712.82

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
Dining nookMain level7'1 x 8'8
SunroomMain level9'4 x 20'10
Laundry roomMain level9'9
BathroomMain level4-Piece
BedroomMain level8'9
EnsuiteMain level3-Piece
Primary BedroomMain level11'7 x 14'8
Family roomMain level14'10
KitchenMain level11'2 x 13'8
Dining roomMain level8'4 x 10'11
Living roomMain level14'10 x 14'4

Listing Information

MLS®
1043635
Listed
July 18, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Craig Bay walk on waterfront! This stunning 4.1 acre property will leave you speechless while taking in the ever changing views of Craig Bay, whether it be the playful sea critters, or the sand bar directly out front showing its self through the changing tides. Enjoy the warm summer days walking the sandy beach, roasting marshmallows over a beachside campfire, admiring breathtaking sunsets, or cozying up in the gazebo for some summer storm watching. The opportunity to build your dream home in this location, or keep the existing lovingly maintained 1622sqft modular home makes this rare treasure the perfect location for your year round oasis or your treasured holiday getaway. Either way, it is the ideal spot to create lasting life long memories with friends and family! A drilled well provides ample water, the septic system is in excellent working order and there is also the ability to connect to the municipal sewer system. Conveniently located just minutes to all amenities in the City of Parksville, 25 min. to BC ferries, a short flight to Vancouver, & 45 min. drive to world class alpine skiing. Don’t miss the chance to call this property your new home! (id:63159)

Values & Trends

This listing

$1,157/sqft

Building average

No other active listings in this building

Nanoose average

$612/sqft

47 active listing(s)

Parking: 10 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

13°C

Humidity 89%

Wind SW calm 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

7

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 ElementaryElementary5.9 km
Springwood ElementaryElementary6.3 km
Ecole Secondaire Ballenas SecondarySecondary7.4 km
Pass/Woodwinds AlternateSecondary7.6 km
Errington ElementaryElementary7.7 km
Oceanside ElementaryElementary9.0 km
Arrowview ElementaryElementary12.5 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 Road356 m
  • Stone Lake Drive Community Park479 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($375,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,500,800.00
Periodic payment — Principal & Interest (monthly)$9,682.65
Additional monthly expenses (strata, tax, utilities, etc.)$473.73
Total monthly cost$10,156.39
Interest paid over 5-yr term$430,133.59
Balance at end of term$1,349,974.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$375,200
Stress test qualifying rate8.09%
Payment you must qualify for$11,540.63

Cash Needed at Closing

Minimum down payment$375,200
Estimated BC PTT$35,520
Legal / closing costs (typical estimate)$1,500
Total cash needed$412,220

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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