Property Type: Detached HouseOwnership: Freehold

28 PASSAGE ISLAND

Vancouver, BC V7W1V7

$888,000

2 bed2 bath0 parking1,370 sqftBuilt 1994
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
15,802 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,259.75 (2026)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Wood
Fireplace
Yes (1)

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
0

Listing Information

MLS®
R3145065
Listed
July 10, 2026
Time on market
On the market for 52 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Your Private West Coast Oasis, 10min boat ride fr Eagle Harbour or Thunderbird Marina in WestVan. Waterfront home, on top of a 75ft high-bank with expansive SW exposure, offers stunning views & sunsets to enjoy the breathtaking serene nature, marine & wildlife fr the 5decks, kitchen, 2beds & dining area or living room next to a cozy wood burning fireplace. Custom built home sits on a 1/3 acre, can be your off-grid Paradise allows you to take in the tranquil scenery fr all directions: open floorplan; 2storeys, 20´ vaulted ceilings, Fir flooring, large loft style primary with Wool carpeting & skylight to enjoy the night stars. New solar power system, electric panel, breakers, 240V water pumps, new S/S appliances, & more- perfect for Recreational or Full Time Living. 3D Link https://rb.gy/o094yo (id:63159)

Values & Trends

This listing

$648/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

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.

Detached (House) Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$2,303,200

Jul 2026

Average Sale Price

$2,623,974

Jul 2026

Monthly Sales

131

Jul 2026

Active Listings

1,316

Jul 2026

Sales-to-Active Ratio

10.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Gleneagles ElementaryElementary3.4 km
Eagle Harbour MontessoriElementary3.5 km
Rockridge SecondarySecondary4.0 km
Caulfeild ElementaryElementary4.0 km
Bowen Island Community SchoolElementary4.8 km
Cypress Park PrimaryElementary5.0 km
Island Pacific School(Independent)Middle5.2 km
West Bay ElementaryElementary7.5 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.

School district: West Vancouver (SD45)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($63,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$710,400.00
Periodic payment — Principal & Interest (monthly)$4,583.26
Additional monthly expenses (strata, tax, utilities, etc.)$173.98
Total monthly cost$4,757.24
Interest paid over 5-yr term$203,602.68
Balance at end of term$639,007.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,337.81

Cash Needed at Closing

Minimum down payment$63,800
Estimated BC PTT$15,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,060

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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