Property Type: Condo / ApartmentOwnership: Strata

3556 Arbutus Dr S

Cobble Hill, BC V8H0K8

$840,000

2 bed2 bath2 parking1,726 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Lot size
5,202 square feet
Zoning
Residential

CD-1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$482/mo
Annual property tax
$4,752

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
2 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level19'8
Living roomMain level
KitchenMain level16'6
EntranceMain level6'8
EnsuiteMain level5-Piece
Dining nookMain level9'3 x 9'3
Dining roomMain level
DenMain level
BedroomMain level
BathroomMain level4-Piece

Listing Information

MLS®
1034245
Listed
May 4, 2026
Time on market
On the market for 119 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada (Vic2) · Data source: CREA DDF.

Description

Welcome to 3556 Arbutus Drive South in the highly sought after gated community of Arbutus Ridge. This beautifully updated 2 bedroom, 2 bathroom home has been transformed and is now truly move in ready. What was once a project is now a polished, thoughtfully renovated home where all the work has already been done. Upgrades include plumbing, electrical improvements, the addition of natural gas, new windows and doors including skylight and kitchen exhaust. The exterior has been freshly painted and the natural gas BBQ hookup makes outdoor living and entertaining simple and enjoyable. Inside, you will find a bright and functional layout with generous room sizes designed for comfortable everyday living. Every detail has been thought of, creating a home that feels updated, welcoming, and easy to enjoy from the moment you walk in. Located in a secure gated golf course community, Arbutus Ridge offers a peaceful lifestyle with access to excellent amenities and a strong sense of community. If you are looking for a home where you can simply move in and enjoy without lifting a finger, this is it! Call your Real Estate agent today and book your private tour. (id:63159)

Values & Trends

This listing

$487/sqft

Building average

No other active listings in this building

Arbutus Ridge average

$532/sqft

10 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

7

1/9 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
George Bonner ElementaryElementary2.9 km
Ecole Cobble Hill ElementaryElementary3.6 km
Frances Kelsey SecondarySecondary3.8 km
Brentwood College(Independent)Secondary4.1 km
Evergreen Independent School(Independent)Elementary4.4 km
Deep Cove ElementaryElementary6.3 km
Bench ElementaryElementary6.7 km
Shawnigan Lake(Independent)Secondary8.0 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

Cafes (1)

  • Ridgetop Cafe · 3636 Highcourt Lane496 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($59,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$672,000.00
Periodic payment — Principal & Interest (monthly)$4,335.52
Additional monthly expenses (strata, tax, utilities, etc.)$964.00
Total monthly cost$5,299.52
Interest paid over 5-yr term$192,597.13
Balance at end of term$604,466.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,005.62

Cash Needed at Closing

Minimum down payment$59,000
Estimated BC PTT$14,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$75,300

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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