221 Marine Dr
Cobble Hill, BC V8H0K8
$2,450,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,045 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $510/mo
- Annual property tax
- $7,209.58
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Fully air conditioned
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Building
- Parcel ID (PID)
- 017-559-553
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
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | — |
| Patio | Lower level | — |
| Laundry room | Lower level | — |
| Ensuite | Lower level | 4-Piece |
| Bedroom | Lower level | — |
| Sunroom | Lower level | — |
| Recreation room | Lower level | — |
| Bedroom | Lower level | — |
| Other | Lower level | — |
| Balcony | Main level | — |
| Eating area | Main level | — |
| Pantry | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Ensuite | Main level | 5-Piece |
| Bathroom | Main level | 2-Piece |
| Entrance | Main level | — |
| Office | Main level | — |
Listing Information
- MLS®
- 1039508
- Listed
- June 6, 2026
- Time on market
- On the market for 86 days
- Data last synced
- August 31, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Foreign Buyer Ban and Foreign Buyer Tax EXEMPT!!! Welcome to an exceptional custom-built waterfront residence in the prestigious gated community of Arbutus Ridge. Thoughtfully designed for effortless aging in place, this stunning 2,640 sq.ft. home offers comfortable main-level living while providing generous space for family and guests on the lower level. Perfectly positioned on coveted Marine Drive, one of the community's rare waterfront locations, the home enjoys breathtaking, unobstructed 180-degree ocean views. Expansive entertainment-sized decks on both levels invite year-round enjoyment, including a spectacular upper deck complete with an automatic awning. The main floor showcases an outstanding chef's kitchen with premium appliances, rich oak flooring, soaring ceilings, extensive Pella windows and doors, integrated Sonos audio, custom window coverings, sophisticated lighting zones with dedicated art lighting, and a hidden TV lift system for seamless living and entertaining. The luxurious primary suite features a spa-inspired ensuite with heated floors, a spacious dressing room, and conveniently integrated laundry. A beautiful office with double French doors opening to a sunny west-facing courtyard offers flexibility as a second main-floor bedroom. The walk-out lower level is ideal for guests, featuring a large family room, two bedrooms, a full bath with heated floors, rough-ins for a second laundry, and a stunning glass sunroom with fully opening doors that blur the line between indoor and outdoor living. Additional highlights include extra-wide doorways, a double garage, heat pump, two gas fireplaces, and exceptional attention to detail throughout. This is a rare opportunity to enjoy elegant waterfront living, spectacular views, and a thoughtfully designed home that combines luxury, comfort, and ease of living. (id:63159)
Values & Trends
This listing
$889/sqft
Building average
—
No other active listings in this building
Cobble Hill average
$509/sqft
17 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| George Bonner Elementary | Elementary | 3.7 km |
| Ecole Cobble Hill Elementary | Elementary | 3.8 km |
| Frances Kelsey Secondary | Secondary | 4.6 km |
| Evergreen Independent School(Independent) | Elementary | 4.7 km |
| Brentwood College(Independent) | Secondary | 4.9 km |
| Deep Cove Elementary | Elementary | 6.3 km |
| Bench Elementary | Elementary | 6.3 km |
| Shawnigan Lake(Independent) | Secondary | 8.6 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 Lane335 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.