Property Type: Detached HouseOwnership: Freehold

323 Sawmill Rd

Cortes Island, BC V0P1Z0

$625,000

2 bed1 bath3 parking1,110 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
11.35 acres
Zoning
Rural residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,264

Interior

Heating
Baseboard heaters, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
StudioMain level
Laundry roomMain level8'4 x 5'8
BathroomMain level7'8 x 8'4
Dining roomMain level11'7 x 7'10
KitchenMain level
Living roomMain level11'7 x 13'10
PantryMain level9'2
BedroomMain level11'5 x 9'2
Primary BedroomMain level14'4 x 11'7

Listing Information

MLS®
1041540
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Remarkable 11.35-acre property, nestled in lush forested neighborhood. This South facing lot features a sprawling veggie and perennial garden, an established orchard, two greenhouses, and plenty of water, ensuring you’ll enjoy a bounty of fresh produce year-round. The decommissioned manufactured home has been extensively renovated and expanded, providing a cozy and functional space- Cedar siding, EPDM roofing, sunny deck overlooking the garden, as well as a greenhouse connected to the primary bedroom. Also offered are a spacious workshop, garden shed, wood shed, outdoor movie screen, and water catchment. This property provides endless possibilities for homesteading, gardening, and simply enjoying the beauty of nature while living sustainably in a forested haven. (id:63159)

Values & Trends

This listing

$563/sqft

Building average

No other active listings in this building

Cortes Island average

$647/sqft

12 active listing(s)

Parking: 3 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: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 9 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Cortes Island SchoolElementary8.0 km
Surge Narrows ElementaryK-1213.7 km
Quadra ElementaryElementary13.9 km
Ecole Phoenix MiddleElementary17.5 km
Ecole Des Deux Mondes ElementaryElementary18.1 km
Cedar ElementaryElementary18.1 km
Carihi SecondaryElementary18.3 km
Secondaire CarihiSecondary18.3 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: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$500,000.00
Periodic payment — Principal & Interest (monthly)$3,225.83
Additional monthly expenses (strata, tax, utilities, etc.)$244.67
Total monthly cost$3,470.50
Interest paid over 5-yr term$143,301.44
Balance at end of term$449,751.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,517.67

Cash Needed at Closing

Minimum down payment$37,500
Estimated BC PTT$10,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,500

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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