Property Type: Condo / ApartmentOwnership: Strata

3718 Arbutus Dr N

Cobble Hill, BC V8H0K8

$920,000

4 bed3 bath2 parking3,397 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Style
Westcoast
Lot size
5,368 square feet
Zoning
Residential

CD - 1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$499/mo
Annual property tax
$3,126.24

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (3)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Jetted Tub

Exterior & Lot

Lot features
Southern exposure, Other, Golf course/parkland, Marine Oriented, Gated community

Building

Parcel ID (PID)
010-422-609

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed
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
StorageLower level4'4 x 20'4
StorageLower level
StorageLower level
Recreation roomLower level
BedroomLower level
BedroomLower level
MediaLower level
BathroomLower level2-Piece
Family roomLower level
BathroomMain level3-Piece
BedroomMain level
EnsuiteMain level4-Piece
Primary BedroomMain level
Dining roomMain level
KitchenMain level
Family roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1038858
Listed
June 2, 2026
Time on market
On the market for 91 days
Data last synced
September 1, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

SUNSHINE, SPACE & PRIVACY! This beautifully updated 4 bed, 3 bath home offers an exceptional opportunity to own 3,397 sq ft of versatile living space at an attractive price point. Designed for comfortable everyday living and effortless entertaining, the bright, open layout features hardwood and tile flooring, skylights, 2 gas fireplaces, and an updated kitchen with granite countertops, stainless steel appliances, and a sunny dining area. The main level includes two spacious living areas, a generous primary suite with walk-in closet and luxurious ensuite, a second bedroom, full bath, and laundry. Downstairs provides endless flexibility with additional bedrooms, a large recreation area, theatre room, and plenty of space for hobbies, fitness, or guests. Enjoy a private south-facing backyard, expansive deck, gazebo, and hot tub with unobstructed fairway views. No homes directly in front or behind create a rare sense of privacy and tranquility. (id:63159)

Values & Trends

This listing

$271/sqft

Building average

No other active listings in this building

Arbutus Ridge average

$554/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

15

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
George Bonner ElementaryElementary3.2 km
Ecole Cobble Hill ElementaryElementary3.3 km
Frances Kelsey SecondarySecondary4.1 km
Evergreen Independent School(Independent)Elementary4.1 km
Brentwood College(Independent)Secondary4.5 km
Bench ElementaryElementary6.2 km
Deep Cove 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

Restaurants (1)

  • Satellite Bar & Grille · 3515 Telegraph Road735 m

Cafes (1)

  • Ridgetop Cafe · 3636 Highcourt Lane380 m

Parks (1)

  • Hatch Point Trail597 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($67,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$736,000.00
Periodic payment — Principal & Interest (monthly)$4,748.42
Additional monthly expenses (strata, tax, utilities, etc.)$929.52
Total monthly cost$5,677.94
Interest paid over 5-yr term$210,939.72
Balance at end of term$662,034.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,559.27

Cash Needed at Closing

Minimum down payment$67,000
Estimated BC PTT$16,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$84,900

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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