Property Type: Condo / ApartmentOwnership: Strata

358 Mill Rd

Thetis Island, BC V0R2Y0

$1,140,000

3 bed3 bath12 parking2,011 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Lot size
11.58 acres
Zoning
Residential

R2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$71/mo
Annual property tax
$2,772.45

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)

Parking

Total spaces
12

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
BathroomMain level4-Piece
Laundry roomMain level9'11 x 11'2
BedroomMain level11'3 x 11'0
BedroomMain level12'6 x 9'3
EnsuiteMain level9'7 x 11'8
Primary BedroomMain level13'11 x 13'5
Dining roomMain level11'3 x 12'7
Dining nookMain level8'8 x 11'7
KitchenMain level17'8 x 11'7
Living roomMain level17'8 x 21'7
EntranceLower level5'2 x 11'9

Listing Information

MLS®
1034317
Listed
May 5, 2026
Time on market
On the market for 119 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Dunc) · Data source: CREA DDF.

Description

11.56 private level acres on Thetis Island with brand new 3 bdr/2.5 bath rancher 2,011 sqft & detached triple garage/workshop 1,173 sqft. Top quality construction is evident throughout. Fantastic stone faced fireplace/woodstove anchors the over 2,000 sq ft of easy one level living space. Large kitchen with arbutus topped island opens to the living space, has a breakfast nook, a large pantry and double french doors opening out to an extensive covered deck area to enjoy evening BBQs with forest views. Master suite is spacious with walkin closet, large ensuite with double sinks, soaker tub and separate shower. Excellent proven well with water purification system. Brand new septic. Fast Telus fiber-optic internet for working at home. Looking for a sunny private estate to escape to? This is well worth a look if you're a cash buer. Purchase by way of Shares in Thetis Highland Estates Ltd. for exclusive use of your 11.56 acres. No GST No Property Purchase Tax No speculation or Vacancy Tax. (id:63159)

Values & Trends

This listing

$567/sqft

Building average

No other active listings in this building

Thetis Highland Estates Ltd. average

No comparable active listings

Parking: 12 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.

Nearby Schools

SchoolTypeDistance
Thetis Island ElementaryElementary426 m
Stz'uminus Senior Secondary(Independent)Secondary6.1 km
Chemainus Elementary Community SchoolElementary8.7 km
Chemainus SecondaryK-128.7 km
Ladysmith IntermediateElementary9.8 km
Ladysmith PrimaryElementary9.8 km
Ladysmith SecondarySecondary10.1 km
North Oyster ElementaryElementary12.1 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: Cowichan (SD79)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$912,000.00
Periodic payment — Principal & Interest (monthly)$5,883.91
Additional monthly expenses (strata, tax, utilities, etc.)$402.62
Total monthly cost$6,286.53
Interest paid over 5-yr term$261,381.82
Balance at end of term$820,346.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,081.82

Cash Needed at Closing

Minimum down payment$89,000
Estimated BC PTT$20,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,300

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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