Property Type: Condo / ApartmentOwnership: Strata

2 553 Island Hwy

Campbell River, BC V9W2B9

$659,900

2 bed2 bath2 parking1,653 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,653 square feet
Zoning
Multi-Family

RM-3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$620/mo
Annual property tax
$4,700.34

Interior

Heating
Other
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level12'2
BathroomMain level7'9 x 7'9
BedroomMain level12'11 x 14'6
EnsuiteMain level7'3
Primary BedroomMain level12'11 x 14'7
DenMain level13'7 x 12'6
SunroomMain level12'4 x 10'5
KitchenMain level13'5 x 13'2
Living roomMain level18'5 x 15'5
EntranceMain level

Listing Information

MLS®
1043542
Listed
July 17, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Waterfront Living at Its Finest Rarely do opportunities like this come available. Welcome to this spacious waterfront condo in an exclusive six-unit building, offering over 1,650 sq. ft. of bright, open-concept living and breathtaking, ever-changing ocean views. From the moment you step inside, you’ll be captivated by the panoramic marine vistas stretching across Discovery Passage. Watch everything from fishing boats and tugboats to luxury yachts pass by, while cruise ships glide through on summer evenings. You’ll even enjoy a front-row seat to the excitement of the VanIsle 360 and spectacular views of the Canada Day fireworks. Designed for comfortable year-round living, this home stays naturally cool even on the warmest summer days and remains cozy throughout the winter with efficient in-floor heating throughout most of the condo. The peaceful setting offers an incredible sense of tranquility, with no street noise—just the sounds of waves gently lapping the shoreline, seabirds calling overhead, bald eagles soaring by, and seals playing in the water below. This well-maintained building is known for its quiet atmosphere, with minimal noise from neighbouring units and a wonderful community of owners. Each residence includes two parking spaces, and residents enjoy access to a common waterfront side yard—perfect for relaxing in the sun while taking in the ocean views. A staircase from the property provides direct access to the beach below. Located just steps from downtown Campbell River, you’ll love the walkability to the Discovery Pier, Crabby Bob’s, Session Taproom + Kitchen, Quay West, Chances, Ostler Park, Tyee Plaza, and a variety of local shops, restaurants, and amenities. Whether you’re looking for a full-time residence or a low-maintenance waterfront lifestyle, this is a truly special opportunity to own in one of Campbell River’s most sought-after and rarely available oceanfront buildings. Oceanfront living doesn’t get much better than this. (id:63159)

Values & Trends

This listing

$399/sqft

Building average

No other active listings in this building

Campbell River Central average

$449/sqft

28 active listing(s)

Parking: 2 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

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.

Population

35,519

(2021 Census)

+7.6% since 2016

Density: 246/km²

Dwellings: 16,194

Median household income: $78,000

After-tax: $70,000

Immigrant population: 10.5%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 960
  • United States of America1% · 355
  • Philippines0.9% · 320
  • Germany0.6% · 215
  • South Africa, Republic of0.5% · 165
  • India0.5% · 160
  • Netherlands0.3% · 120
  • Viet Nam0.3% · 105

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 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
Ecole Phoenix MiddleElementary823 m
Cedar ElementaryElementary932 m
Secondaire CarihiSecondary1.1 km
Carihi SecondaryElementary1.1 km
Ecole Des Deux Mondes ElementaryElementary1.2 km
Pinecrest ElementaryElementary1.8 km
Campbell River Christian School(Independent)K-121.9 km
Elm AlternateElementary2.4 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

Restaurants (2)

  • Dick's Fish n Chips · 660 Island Highway382 m
  • Quay West762 m

Parks (4)

  • "House on the Hill" · 585 Island Highway153 m
  • Sequoia Park · 471 Island Highway262 m
  • Campbell River Museum283 m
  • Centennial Park · 230 4th Avenue423 m

Nearby places data: © OpenStreetMap contributors.

School district: Campbell River (SD72)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$527,920.00
Periodic payment — Principal & Interest (monthly)$3,405.96
Additional monthly expenses (strata, tax, utilities, etc.)$1,094.70
Total monthly cost$4,500.66
Interest paid over 5-yr term$151,303.39
Balance at end of term$474,865.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,759.20

Cash Needed at Closing

Minimum down payment$40,990
Estimated BC PTT$11,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,688

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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