Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

204A 1325 Cape Cod Dr

Parksville, BC V9P2Y8

$950,000

2 bed2 bath4 parking1,504 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Other

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$791/mo
Annual property tax
$5,170

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Dryer

Exterior & Lot

View
Mountain view, Ocean view
Lot features
Other, Marine Oriented

Building

Parcel ID (PID)
027-095-401

Parking

Total spaces
4 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
EntranceMain level4'10 x 19'6
Laundry roomMain level6'6 x 8'7
BathroomMain level3-Piece
BedroomMain level12'4 x 13'2
EnsuiteMain level5-Piece
Primary BedroomMain level11'9 x 15'0
Living roomMain level13'8 x 14'11
Dining roomMain level10'3 x 11'3
KitchenMain level10'10 x 17'11

Listing Information

MLS®
1048087
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 29, 2026

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

Description

Welcome to your home, a beautifully appointed 2-bed/2-bath condo in the sought-after, private oceanside community of Craig Bay. Tucked just a short stroll from the beach, this 1,504 sqft residence offers the perfect blend of comfort, elegance, and coastal charm. Step inside to a bright, open-concept layout filled with natural light, where towering windows frame breathtaking views of the Georgia Strait, stretching out to the enchanting silhouettes of Lasqueti and Texada Islands. Whether you're sipping morning coffee or unwinding at sunset, these views set the tone for relaxed island living. The contemporary kitchen is a chef's delight, featuring premium appliances, ample counter space, and thoughtful design that makes everyday cooking and entertaining a pleasure. The adjoining dining and living areas are generously sized, centred around a cozy gas fireplace — ideal for cool coastal evenings. Step outside to your choice of north- or south-facing balconies, each offering a different perspective of this stunning natural setting. Perfect for morning sun or evening shade. The primary bedroom serves as a peaceful retreat, complete with a full ensuite, while the second bedroom offers comfortable, private accommodations for guests or a versatile home office setup. This well-maintained building offers secure entry and elevator access for effortless convenience, along with 2 underground parking stalls and a private storage locker, a rare and valuable combination. Residents of Craig Bay also enjoy access to a nearby recreation centre, complete with an outdoor pool, library, art studio, woodshop, and tennis courts. Craig Bay has a peaceful walking trail throughout the complex, surrounded by stunning nature and an expansive sandy beach for spending warm summer days with friends and family. Found near the resort area just south of Parksville, just minutes from the shops, restaurants, and amenities of downtown. (id:63159)

Values & Trends

This listing

$632/sqft

Building average

$649/sqft

1 active listing(s)

The Onyx at Craig Bay average

No comparable active listings

Parking: 4 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.

Population

13,642

(2021 Census)

+9.5% since 2016

Density: 939.5/km²

Dwellings: 7,105

Median household income: $66,500

After-tax: $61,200

Immigrant population: 17.1%

Top countries of origin (% of total population)

  • United Kingdom6.7% · 915
  • Germany1.6% · 215
  • Philippines1.5% · 210
  • United States of America1.4% · 195
  • Netherlands0.7% · 90
  • China0.4% · 50
  • Korea, South0.3% · 45
  • South Africa, Republic of0.3% · 35

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
Springwood ElementaryElementary5.5 km
Nanoose Bay ElementaryElementary5.6 km
Mountain View ElementaryElementary6.2 km
Ecole Secondaire Ballenas SecondarySecondary6.7 km
Errington ElementaryElementary6.8 km
Pass/Woodwinds AlternateSecondary6.9 km
Oceanside ElementaryElementary8.4 km
Arrowview ElementaryElementary11.9 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 (1)

  • Craig Bay Clubhouse · 1301 Cape Cod Drive100 m

Parks (3)

  • Craig's Crossing302 m
  • Rotary Peach Park393 m
  • Craig Heritage Park606 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$1,297.09
Total monthly cost$6,200.36
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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