Property Type: Detached HouseOwnership: Freehold

403 Whaletown Rd

Cortes Island, BC V0P1Z0

$395,000

2 bed1 bath1 parking815 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
1.08 acres
Zoning
Residential

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$2,336.81

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BedroomSecond level13'8 x 9'11
Primary BedroomMain level10'3 x 9'11
BathroomMain level5'10 x 8'7
KitchenMain level8'11 x 10'2
Dining roomMain level6'2 x 10'6
Living roomMain level13'8 x 16'0

Listing Information

MLS®
1018055
Listed
November 3, 2025
Time on market
On the market for 301 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.

Description

This beautifully crafted 2022 custom home offers a modern design that blends comfort with the natural surroundings. Situated on a forested hillside, this half-interest in a 1-acre lot enjoys privacy, sunlight, and a strong connection to nature. The 815 sq ft, 2-bedroom/1-bath home features an open-concept layout, large picture windows, a stunning stone fireplace, and hardwood floors throughout. The main bedroom is conveniently located on the main floor, while the second bedroom or office sits upstairs, offering flexibility for guests or remote work. Step outside to a large, sun-filled south-facing deck, perfect for morning coffee or evening relaxation. Mature hazelnut trees and a cleared garden area on the hillside invite outdoor living and creativity. The co-owners hold a Tenancy-in-Common agreement and a recent survey that clearly defines each owner’s private 1/2-acre parcel. Still under the 10-year home warranty, this home provides added confidence and protection for years to come. Now offered at a newly adjusted price to reflect the water and septic systems, it represents excellent value in today’s market. Ideally located within walking distance to Whaletown Commons trails, the Whaletown dock, Gorge Harbour Marina’s gas and grocery services, and the ferry terminal and firehall—this home offers the perfect balance of tranquil island living and everyday convenience. (id:63159)

Values & Trends

This listing

$485/sqft

Building average

No other active listings in this building

Cortes Island average

$653/sqft

12 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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
Cortes Island SchoolElementary6.5 km
Quadra ElementaryElementary13.8 km
Surge Narrows ElementaryK-1215.3 km
Ecole Phoenix MiddleElementary17.2 km
Cedar ElementaryElementary17.8 km
Ecole Des Deux Mondes ElementaryElementary17.8 km
Carihi SecondaryElementary18.0 km
Secondaire CarihiSecondary18.0 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

Parks (1)

  • Whaletown Commons608 m

Nearby places data: © OpenStreetMap contributors.

School district: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (strata, tax, utilities, etc.)$235.73
Total monthly cost$2,274.46
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,885.54

Cash Needed at Closing

Minimum down payment$19,750
Estimated BC PTT$5,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,150

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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