Property Type: Condo / ApartmentOwnership: Strata

307-5700 WILLOW AVE

Powell River, BC V8A5T1

$329,900

2 bed1 bath921 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
irregular

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$3,678

Interior

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

Exterior & Lot

View
Ocean view

Room Dimensions

RoomLevelDimensions
FoyerMain level
Living roomMain level
KitchenMain level
Primary BedroomMain level
4pc BathroomMain level
BedroomMain level
Laundry roomMain level

Listing Information

MLS®
20113
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

Listing provided by: 460 REALTY POWELL RIVER · Data source: CREA DDF.

Description

Ocean View Condo in Townsite - This well-maintained 2-bedroom, 1-bathroom condo is nestled on a quiet street in the historic Townsite neighbourhood. This bright corner unit boasts updated flooring, a new balcony, primary bedroom with spacious walk-in closet, bonus storage room, pantry, and convenient in-suite laundry. Ideally situated, it's just a short walk to the Townsite Market, local brewery, restaurants, the Patricia Theatre, tennis courts, beaches, and scenic trails. The unit is currently tenant-occupied paying $1,675 per month. Whether you're a first-time buyer, an investor, or looking for a low-maintenance home in a vibrant community, this is an opportunity you won't want to miss. Reach out today for more information! (id:63159)

Values & Trends

This listing

$358/sqft

Building average

No other active listings in this building

Powell River average

$412/sqft

33 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.

Location Insights

Weather

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

3/9 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
Henderson ElementaryElementary636 m
Secondaire BrooksSecondary942 m
Brooks SecondaryElementary942 m
James Thomson ElementaryElementary2.4 km
Edgehill ElementaryElementary3.5 km
Cote-du-SoleilElementary/Middle4.4 km
Assumption School(Independent)Elementary4.8 km
Westview ElementaryElementary5.8 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 (1)

  • Royal Zayka534 m

Parks (2)

  • Unnamed120 m
  • Townsite Dog park622 m

Shopping (1)

  • Townsite Public Market · 5831 Ash Avenue515 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (strata, tax, utilities, etc.)$352.50
Total monthly cost$2,055.22
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,409.97

Cash Needed at Closing

Minimum down payment$16,495
Estimated BC PTT$4,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,593

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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