Property Type: Detached HouseOwnership: Freehold

1704 Matterson Rd

Errington, BC V0R1V0

$1,568,000

4 bed3 bath6 parking1,960 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
10.03 acres
Zoning
Agricultural

A-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,751

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BedroomOther14'2 x 7'11
BathroomOther3-Piece
KitchenOther8'5 x 13'6
Living roomOther8'1 x 8'11
StorageMain level6'10 x 12'0
BathroomSecond level4-Piece
Laundry roomSecond level5'9 x 7'9
BedroomSecond level9'5 x 14'10
BedroomSecond level15'2 x 11'3
BedroomSecond level14'3 x 11'4
Family roomMain level23'6 x 15'10
StorageMain level6'9 x 4'3
BathroomMain level3-Piece
OtherMain level6'1 x 11'9
DenMain level9'6 x 14'4
Dining nookMain level7'8 x 8'1
KitchenMain level9'8 x 11'4
Living roomMain level12'6 x 12'0

Listing Information

MLS®
1044748
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

Established 10-acre Working Produce Farm in Errington! Here is a rare opportunity for buyers seeking a turnkey farming lifestyle or income-producing rural property. This private rural acreage (with Farm Status) offers an exceptional combination of productive fields and farmland, agricultural infrastructure, and mature farming systems already in place, incl fully enclosed fields producing salad greens, squash, garlic, and other crops; an orchard with fruit trees/berries; and multiple income streams currently generating monthly rental revenue. The gated acreage is home to a 1960 sqft Country Home with 3 Beds, Office/Den, and 2 Baths, plus several outbuildings incl a 3326 sqft Detached Shop and two Greenhouses. A few cleared acres are currently in agricultural production, while three established revenue sources—two trailer pads and a Studio Suite—provide consistent monthly income. A covered front patio welcomes you into a spacious Kitchen/Dining Room. The Gourmet Island Kitchen offers stainless appls incl a gas range, while the Living Room offers wood flooring and a wood stove. Also on the main level: an Office/Den and 3-pc Bath. Upstairs are 3 Bedrms, a 5-pc Bath, and Laundry Room. A private entrance leads to the attached 436 sqft Studio Suite, ideal for rental income, seasonal workers, guests, or extended family. This Suite features an open-concept Kitchenette, Living/Dining Area, an alcove Bedroom, and a 4-pc Bath. Between the Main House and Suite is a 516 sqft Unfinished Rec Room/Bay that could offer additional living space for the Home or Suite. The acreage hosts an 850 sqft Carport, large Woodshed, older Chicken House with a fenced run, and a massive 3-bay Workshop with 2 separate areas - one with a Bath, Laundry, WI cooler, and temperature-controlled Flex Room currently used to grow microgreens. The other half can also be used for various purposes incl storing RVs, boats, or working on cars. Mins to Parksville and Qualicum Beach. Visit our website for more. (id:63159)

Values & Trends

This listing

$800/sqft

Building average

No other active listings in this building

Errington/Coombs/Hilliers average

$515/sqft

16 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.

Nearby Schools

SchoolTypeDistance
Errington ElementaryElementary2.7 km
Pass/Woodwinds AlternateSecondary4.2 km
Ecole Secondaire Ballenas SecondarySecondary4.4 km
Springwood ElementaryElementary4.4 km
Oceanside ElementaryElementary5.4 km
Arrowview ElementaryElementary6.4 km
Kwalikum SecondarySecondary7.2 km
Arrowsmith Independent School(Independent)Elementary8.0 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: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($313,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,254,400.00
Periodic payment — Principal & Interest (monthly)$8,092.96
Additional monthly expenses (strata, tax, utilities, etc.)$327.25
Total monthly cost$8,420.21
Interest paid over 5-yr term$359,514.65
Balance at end of term$1,128,336.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$313,600
Stress test qualifying rate8.09%
Payment you must qualify for$9,645.90

Cash Needed at Closing

Minimum down payment$313,600
Estimated BC PTT$29,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$344,460

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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