1572 Squirrel Cove Rd
Cortes Island, BC V0P1T0
$995,000
Property Details
Property & Lot
- Lot size
- 11.6 acres
- Zoning
- Rural residential
RU-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,853.53
Interior
- Fireplace
- None
Building
- Parcel ID (PID)
- 002-129-507
Parking
- Total spaces
- 2
Listing Information
- MLS®
- 1012465
- Listed
- September 2, 2025
- Time on market
- On the market for 363 days
- Data last synced
- August 31, 2026
Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.
Description
Outside the foreign buyer ban area, this is a rare chance to own over 11 acres of pristine, private walk-on waterfront on Cortes Island, with 330 feet of walk-on beach and sweeping views across Desolation Sound. Nestled in the peaceful Squirrel Cove area, the property is a nature lover’s dream, surrounded by mature forest and abundant wildlife. The gently sloped lot offers an ideal building site near the shoreline, with additional options closer to the road. Watch whales pass by, or enjoy world-class kayaking, fishing, and oyster picking right at your doorstep. The Squirrel Cove General Store—just a short walk away—provides groceries, post office, liquor store, gas pumps, and a public dock with boat moorage. An original 1970s cabin, built from timber harvested on the property, is included in the sale and offered as-is. Whether you envision a private retreat, family legacy property, or island getaway, this is a one-of-a-kind opportunity to create something special. (id:63159)
Location Insights
Weather
Nearest station: Campbell River
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
| School | Type | Distance |
|---|---|---|
| Cortes Island School | Elementary | 8.0 km |
| Surge Narrows Elementary | K-12 | 19.9 km |
| Quadra Elementary | Elementary | 23.0 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.