Property Type: Land / LotOwnership: Freehold

261 Cedar St

Tofino, BC V0R2Z0

$1,144,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
7,405 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,834

Interior

Fireplace
None

Listing Information

MLS®
1046466
Listed
August 9, 2026
Time on market
On the market for 23 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty (Tfno) · Data source: CREA DDF.

Description

Perched above Duffin Cove, this rare 0.17-acre oceanfront parcel offers panoramic views of Felice (Round) Island and stands out in Tofino’s limited real estate market where true oceanfront opportunities are increasingly scarce. The natural slope lends perfectly to a custom hillside build creating the potential for an architecturally unique coastal retreat. With the sheltered cove and sandy beach just below, this is an ideal spot for launching a kayak or SUP, or enjoying a quiet swim along the shoreline. With R1-Zoning, the preliminary house plans include a two-storey dwelling with a short-term rental component. Once developed, the property will offer supreme privacy at the edge of town—complete with front-row seats to dramatic storm watching during winter months and vibrant sunsets through summer. Please respect the owner’s privacy: No Trespassing. Showings by appointment only. (id:63159)

Location Insights

Weather

Mainly Sunny

14°C

Mainly Sunny

Humidity 94%

Wind NW 9 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,516

(2021 Census)

+27.9% since 2016

Density: 238.3/km²

Dwellings: 1,205

Median household income: $85,000

After-tax: $75,500

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.6% · 40
  • United States of America1.4% · 35
  • Germany0.6% · 15
  • France0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

6/9 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
Wickaninnish Community SchoolElementary447 m
Maaqtusiis Secondary(Independent)Secondary17.2 km
Maaqtusiis Elementary(Independent)Elementary18.7 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 (5+)

  • Ombré · 311 Neill Street336 m
  • Gary's Kitchen · 308 Neill Street373 m
  • Schooner · 331 Second Street462 m
  • The BEAR Bierhaus Restaurant · 120 First Street463 m
  • Tough City Sushi · 350 Main Street600 m

Cafes (5+)

  • Waves Coffee House · 220 Campbell Street324 m
  • Common Loaf Bake Shop363 m
  • Savary Island Pie Company479 m
  • Savary Island Pie Company · 230 Main Street480 m
  • Harbourview Coffeehouse540 m

Grocery (4)

  • LA Grocery391 m
  • Co-op · 140 First Street441 m
  • Gaia Grocery · 150 Fourth Street661 m
  • Gaia Grocery669 m

Parks (3)

  • Centennial Park173 m
  • Village Green489 m
  • Unnamed687 m

Pharmacies (3)

  • Pharmasave397 m
  • Pharmasave397 m
  • Tofino Pharmacy · 360 Campbell Street529 m

Banks & ATMs (3)

  • CIBC · 301 Campbell Street385 m
  • Unnamed516 m
  • Coastal Community Credit Union · 368 Main Street626 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

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Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$915,200.00
Periodic payment — Principal & Interest (monthly)$5,904.56
Additional monthly expenses (strata, tax, utilities, etc.)$319.50
Total monthly cost$6,224.06
Interest paid over 5-yr term$262,298.95
Balance at end of term$823,225.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,400
Stress test qualifying rate8.09%
Payment you must qualify for$8,109.50

Cash Needed at Closing

Minimum down payment$89,400
Estimated BC PTT$20,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,780

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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