Property Type: Detached HouseOwnership: Freehold

3481 Grilse Rd

Nanoose Bay, BC V9P9H8

$1,245,000

4 bed3 bath4 parking2,332 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
14,201 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,303

Interior

Heating
Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BalconySecond level5'11 x 13'1
BalconySecond level5'11 x 13'1
BathroomSecond level4-Piece
BathroomSecond level4-Piece
DenThird level
BedroomSecond level12'6 x 12'6
BedroomSecond level12'6 x 12'6
BedroomSecond level12'6 x 12'6
BedroomSecond level12'6 x 12'6
SunroomMain level7'7 x 20'11
WorkshopMain level8'2 x 14'7
BathroomMain level2-Piece
Mud roomMain level14'9
KitchenMain level11'6
Dining roomMain level11'5 x 22'2
Living roomMain level12'3 x 20'8

Listing Information

MLS®
1043424
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Perfectly positioned within 5 minute walking distance of two beach access points and easy proximity to Schooner Cove Marina, and Fairwinds Golf Course, this beautifully updated home offers a unique blend of character, warmth, and exceptional natural light. The heart of the home is defined by soaring 20-foot ceilings and dramatic atrium windows that flood the central living space with sunshine. A cozy wood-burning fireplace anchors the inviting living room, which flows effortlessly into the open dining and kitchen area, creating a welcoming space for everyday living and entertaining. A spacious laundry and mudroom with abundant storage is conveniently located off the kitchen, while an attached atrium workshop offers extra storage. Upstairs, you'll find four bedrooms, a flex space, and two bathrooms. Private balconies off the bedrooms capture beautiful ocean views, creating tranquil spaces to enjoy your morning coffee or unwind at the end of the day. (id:63159)

Values & Trends

This listing

$534/sqft

Building average

No other active listings in this building

Nanoose average

$625/sqft

47 active listing(s)

Parking: 4 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: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

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

22

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
Nanoose Bay ElementaryElementary4.2 km
Mountain View ElementaryElementary5.0 km
Seaview ElementaryElementary6.2 km
Aspengrove School(Independent)K-127.9 km
McGirr ElementaryElementary9.4 km
Pleasant Valley ElementaryElementary9.6 km
Dover Bay SecondaryElementary9.7 km
Rutherford ElementaryElementary10.5 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 (1)

  • Nanoose Bay Cafe Restaurant · 3521 Dolphin Drive403 m

Cafes (1)

  • Nanoose Bay Cafe Coffeeshop · 3521 Dolphin Drive426 m

Parks (5+)

  • Blueback Drive Community Park260 m
  • Crows Nest Community Park · 1961 Crowsnest Lane275 m
  • Redden Road Community Park · 3383 Redden Road496 m
  • Henley Place Community Park · 1966 Highland Road576 m
  • Highland Road Community Park · 1996 Highland Road705 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$996,000.00
Periodic payment — Principal & Interest (monthly)$6,425.85
Additional monthly expenses (strata, tax, utilities, etc.)$642.25
Total monthly cost$7,068.10
Interest paid over 5-yr term$285,456.46
Balance at end of term$895,905.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,808.49

Cash Needed at Closing

Minimum down payment$99,500
Estimated BC PTT$22,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,900

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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