Property Type: Condo / ApartmentOwnership: Strata

209 Marine Dr

Cobble Hill, BC V8H0K8

$1,725,000

2 bed2 bath2 parking1,871 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$510/mo
Annual property tax
$6,474.09

Interior

Heating
Electric, Natural gas, Other
Cooling / A/C
See Remarks
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Other

Building

Parcel ID (PID)
017-559-529

Parking

Total spaces
2 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
StorageLower level
SaunaLower level
StorageLower level
StorageLower level
EnsuiteLower level
Primary BedroomLower level
PorchMain level
Laundry roomMain level2'6
BathroomMain level
BedroomMain level
Family roomMain level
Dining roomMain level
KitchenMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1043536
Listed
July 18, 2026
Time on market
On the market for 45 days
Data last synced
August 31, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Arbutus Ridge! Imagine waking up as the sun rises over the ocean. This thoughtfully designed and beautifully renovated immaculate waterfront 2 bed/2bath retreat offers spectacular 180° views across the Salish Sea from nearly every principal room. Every detail has been carefully considered, allowing you to simply move in and begin enjoying the ever-changing marine activity, abundant wildlife and unforgettable sunrises. Professionally designed and custom built, the bright, open floor plan features skylights, expansive windows, hardwood floors, gas fireplace and a stunning chef's kitchen with custom cabinetry, premium appliances and Neolith countertops. The main level offers a guest bedroom/office and full bath. Enjoy the spa-inspired primary bedroom on the lower level, featuring a 5-piece ensuite with heated floors, walk-in closet, sauna and private view deck. Outside, a dramatic natural rock outcrop creates a truly magical setting. Landscaped gardens, double garage and tons of storage. (id:63159)

Values & Trends

This listing

$922/sqft

Building average

No other active listings in this building

Arbutus Ridge average

$489/sqft

10 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

Nearest station: Duncan

14°C

Humidity 86%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
George Bonner ElementaryElementary3.7 km
Ecole Cobble Hill ElementaryElementary3.8 km
Frances Kelsey SecondarySecondary4.6 km
Evergreen Independent School(Independent)Elementary4.7 km
Brentwood College(Independent)Secondary4.9 km
Deep Cove ElementaryElementary6.2 km
Bench ElementaryElementary6.4 km
Shawnigan Lake(Independent)Secondary8.6 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

Cafes (1)

  • Ridgetop Cafe · 3636 Highcourt Lane313 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($345,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,380,000.00
Periodic payment — Principal & Interest (monthly)$8,903.29
Additional monthly expenses (strata, tax, utilities, etc.)$1,143.51
Total monthly cost$10,046.80
Interest paid over 5-yr term$395,511.97
Balance at end of term$1,241,314.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$345,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,611.72

Cash Needed at Closing

Minimum down payment$345,000
Estimated BC PTT$32,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$379,000

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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