Property Type: Detached HouseOwnership: Freehold

230 Halibut Hill

Mudge Island, BC V0R1X6

$448,500

0 bed0 bath3 parking478 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
House
Lot size
0.6 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,438.88

Interior

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

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
PatioMain level
StudioMain level
PantryMain level
Living roomMain level
KitchenMain level
LoftMain level

Listing Information

MLS®
1041713
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Charming Mudge Island Post and Beam cottage set on an elevated half acre with southwest exposure, just a 10-minute whale watching walk from Dodd Narrows and 5-minute drive from the marina. Thoughtfully owner built in 2015 with care and attention to detail, the main cottage offers approximately 544 sq. ft. of living space and features a full kitchen with island, pantry and butcher block cabinets, a cozy living area with WETT certified wood stove, large bay window seating that converts into a guest bed, ship tread stairs leading to the loft-style bedroom, custom milled Douglas Fir Beams throughout and a welcoming front porch sitting area with BBQ station. All living quarters are furnished and include kitchen essentials making it easy to start enjoying right away. Additional features include a 240 sq. ft. timber frame studio with attached 140 sq. ft. shop, 100 sq. ft. lofted guest cabin, 231 sq. ft. timber frame woodshed with double wide barn doors stocked with firewood, custom outdoor shower, two 200 Amp electrical services, a 300 ft. drilled well equipped with a Franklin jet pump and filtration system, timber frame outhouse and children’s 2 storey play house. The outdoor space offers a natural sandstone courtyard featuring a carved compass rosette and plenty of room for family and friends to relax, entertain and enjoy the peaceful island lifestyle. Included the 2003 Dodge Ram 1500 4x4 and 2004 Polaris Trail Boss 330 ATV A Moonshine Cove Marina membership also available under separate terms. (id:63159)

Values & Trends

This listing

$938/sqft

Building average

No other active listings in this building

Mudge Island average

$622/sqft

13 active listing(s)

Parking: 3 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: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 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
Cedar SecondarySecondary4.5 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.6 km
Gabriola ElementaryElementary4.9 km
Cedar ElementaryElementary5.3 km
Chase River ElementaryElementary8.0 km
Fulford Community ElementaryElementary8.7 km
Cinnabar Valley ElementaryElementary8.8 km
Bayview ElementaryElementary9.4 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

Parks (2)

  • Dodd Narrows Community Park · 161 Ling Cod Lane363 m
  • Joan Point Park · 1080 Phoenix Way606 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,425) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$358,800.00
Periodic payment — Principal & Interest (monthly)$2,314.86
Additional monthly expenses (strata, tax, utilities, etc.)$143.91
Total monthly cost$2,458.76
Interest paid over 5-yr term$102,833.11
Balance at end of term$322,741.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,425
Stress test qualifying rate8.09%
Payment you must qualify for$3,276.37

Cash Needed at Closing

Minimum down payment$22,425
Estimated BC PTT$6,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,895

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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