Property Type: OtherOwnership: Freehold

1632 Carrington Bay Rd

Cortes Island, BC V0P1Z0

$650,000

1 bed1 bath10 parking405 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
Recreational
Zoning
Unknown

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$2,211

Interior

Heating
Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
10 — uncovered indicated
Features
Other

Room Dimensions

RoomLevelDimensions
LoftSecond level7'10 x 15'7
Living roomMain level9'10 x 15'7
BedroomMain level7'5 x 9'3
EntranceMain level5'11 x 7'9
BathroomMain level4'8 x 7'3

Listing Information

MLS®
1030346
Listed
April 13, 2026
Time on market
On the market for 140 days
Data last synced
August 28, 2026

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

Description

Set on 10 private acres, this special Cortes Island property offers peaceful off-grid living with future potential. Built in 2013, the beautifully crafted cabin features exposed wood beams, high ceilings, and a cozy wood-burning fireplace. Just off the back of the cabin is a separate cooking space and a bathroom roughed in. The property also includes a smaller cabin, sheds, parking garage, and outhouse. A standout feature here is the potential to build an additional home, making this an excellent option for those dreaming of a family compound, expanded retreat, or future improvement. With solar panels, battery bank, rain collection water, and a septic tank on site, this is a rare chance to enjoy the magic of Cortes Island and create something truly special. (id:63159)

Values & Trends

This listing

$1,605/sqft

Building average

No other active listings in this building

Cortes Island average

No comparable active listings

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: 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 SchoolElementary7.5 km
Surge Narrows ElementaryK-1214.0 km
Quadra ElementaryElementary15.2 km
Ecole Phoenix MiddleElementary18.7 km
Cedar ElementaryElementary19.3 km
Ecole Des Deux Mondes ElementaryElementary19.3 km
Carihi SecondaryElementary19.5 km
Secondaire CarihiSecondary19.5 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.

School district: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$204.25
Total monthly cost$3,559.11
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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