Property Type: Detached HouseOwnership: Freehold

2968 Arbutus St

Chemainus, BC V0R1K0

$499,900

2 bed1 bath2 parking938 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
6,000 square feet
Zoning
Residential

R-3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,864

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Lot features
Central location, Other

Building

Parcel ID (PID)
005-992-923

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level
Living roomMain level
Laundry roomMain level
KitchenMain level
Dining roomMain level
BedroomMain level
BathroomMain level4-Piece

Listing Information

MLS®
1044811
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
September 1, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Welcome to 2968 Arbutus Street, a charming 2-bedroom, 1-bathroom home offering comfort, character, and an inviting place to call home. Whether you're a first-time buyer, downsizer, or investor, this property presents an excellent opportunity to own in one of Chemainus' most established neighbourhoods. Ideally located just minutes from downtown Chemainus, you'll enjoy easy access to local boutiques, cafés, restaurants, grocery stores, schools, and everyday amenities. Spend your days exploring the town's famous murals, strolling along the waterfront, relaxing at Kin Beach, or taking in a performance at the renowned Chemainus Theatre. With convenient access to Duncan, Ladysmith, Nanaimo, and the Trans-Canada Highway, this home offers the perfect balance of small-town charm and everyday convenience. If you've been looking for an affordable opportunity to enjoy the Vancouver Island lifestyle in a welcoming seaside community, 2968 Arbutus Street is ready to welcome you home. (id:63159)

Values & Trends

This listing

$533/sqft

Building average

No other active listings in this building

Chemainus average

$535/sqft

29 active listing(s)

Parking: 2 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: 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

44

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-12294 m
Chemainus Elementary Community SchoolElementary907 m
Stz'uminus Senior Secondary(Independent)Secondary8.1 km
Thetis Island ElementaryElementary8.5 km
Crofton Elementary Community SchoolElementary9.3 km
Ladysmith PrimaryElementary10.2 km
Ladysmith SecondarySecondary10.5 km
Ladysmith IntermediateElementary10.5 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.

Nearby Places

Restaurants (5+)

  • Sushi Kuni · 2869 Oak Street348 m
  • Sawmill TapHouse & Grill490 m
  • Pho Triple 7 · 9779 Willow Street545 m
  • Bonnie Martin Restaurant · 2877 Mill Street624 m
  • Little Town Pizza · 9734 Chemainus Road719 m

Cafes (4)

  • The Book Nook · 2859 Oak Street372 m
  • Jollity Farm Shop & Cafe · 2859 Oak Street376 m
  • Owl's Nest668 m
  • Willow Street Cafe · 9749 Willow Street670 m

Grocery (2)

  • Country Grocer404 m
  • Country Grocer411 m

Parks (5+)

  • Chemainus Skate Park · 2988 Elliott Street246 m
  • Kinsmen Beach Park272 m
  • Askew Creek Park380 m
  • Waterwheel Park · 9799 Waterwheel Crescent500 m
  • Chemainus Ball Fields · 9740 Elm Street603 m

Pharmacies (2)

  • Pharmasave486 m
  • Rexall · 9762 Willow Street611 m

Banks & ATMs (4)

  • Unnamed405 m
  • IslandSavings449 m
  • Coastal Community Credit Union · 9781 Willow Street532 m
  • CIBC · 9760 Willow Street616 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$369.00
Total monthly cost$2,949.15
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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