Property Type: TownhouseOwnership: Strata

28 2979 River Rd

Chemainus, BC V0R1K3

$695,900

2 bed2 bath1,544 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$401/mo
Annual property tax
$3,916

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Restrictions & Policies

Pets
Allowed
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
EnsuiteMain level3-Piece
BedroomMain level
KitchenMain level10'6 x 10'4
BathroomMain level4-Piece
Laundry roomMain level8'9
Primary BedroomMain level
EntranceMain level

Listing Information

MLS®
1040305
Listed
June 17, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital Realty · Data source: CREA DDF.

Description

Welcome to this beautifully maintained 1,544 sq. ft. townhome in Cedar Ridge Village, one of Chemainus’ most sought-after 55+ communities. Offering 2 bedrooms, 2 bathrooms, a double car garage, 2 gas fireplaces and heat pump, this unique one-level floor plan has been thoughtfully updated for comfortable aging in place. Skylights throughout the home create beautiful natural lighting. Accessibility has been carefully considered featuring a curbless roll-in shower with safety bars designed to VIHA home care standards along with a Toto bidet and double accessible vanity. The fully fenced backyard, professionally designed and planted by Dinters’ Nursery, backs onto peaceful green space, creating a serene low maintenance setting. Conveniently located close to shopping, Mt.Brenton Golf Course, walking trails, and all forms of recreation, this move-in-ready home offers the perfect opportunity to enjoy the relaxed lifestyle that Chemainus by the Sea is known for, complete with its vibrant seniors community and welcoming small-town charm. (id:63159)

Values & Trends

This listing

$451/sqft

Building average

$238/sqft

1 active listing(s)

Cedar Ridge Village average

No comparable active listings

Parking: Not indicatedStorage 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

33

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
Chemainus SecondaryK-12919 m
Chemainus Elementary Community SchoolElementary1.3 km
Stz'uminus Senior Secondary(Independent)Secondary8.7 km
Crofton Elementary Community SchoolElementary8.8 km
Thetis Island ElementaryElementary9.3 km
Ladysmith PrimaryElementary10.6 km
Ladysmith SecondarySecondary10.9 km
Ladysmith IntermediateElementary11.0 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+)

  • Little Town Pizza · 9734 Chemainus Road461 m
  • Bonnie Martin Restaurant · 2877 Mill Street490 m
  • Pho Triple 7 · 9779 Willow Street539 m
  • Sawmill TapHouse & Grill674 m
  • Sushi Kuni · 2869 Oak Street779 m

Cafes (2)

  • Owl's Nest533 m
  • Willow Street Cafe · 9749 Willow Street557 m

Grocery (2)

  • Country Grocer650 m
  • Country Grocer687 m

Parks (5+)

  • Unnamed186 m
  • Chemainus Ball Fields · 9740 Elm Street226 m
  • Heritage Park471 m
  • Askew Creek Park529 m
  • Waterwheel Park · 9799 Waterwheel Crescent578 m

Pharmacies (2)

  • Rexall · 9762 Willow Street509 m
  • Pharmasave679 m

Banks & ATMs (4)

  • CIBC · 9760 Willow Street517 m
  • Coastal Community Credit Union · 9781 Willow Street543 m
  • IslandSavings656 m
  • Unnamed668 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Other Listings in This Building

Other units currently listed in the same building. 28 2979 River Rd

View building profile →
Built 1993

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,590) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$556,720.00
Periodic payment — Principal & Interest (monthly)$3,591.77
Additional monthly expenses (strata, tax, utilities, etc.)$804.33
Total monthly cost$4,396.10
Interest paid over 5-yr term$159,557.55
Balance at end of term$500,771.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,590
Stress test qualifying rate8.09%
Payment you must qualify for$5,008.35

Cash Needed at Closing

Minimum down payment$44,590
Estimated BC PTT$11,918
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,008

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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