Property Type: Land / LotOwnership: Freehold

4218 Island Hwy S

Courtenay, BC V9N9R8

$1,795,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
2.78 acres
Zoning
Unknown

R-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,256.89

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Listing Information

MLS®
1037657
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

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

Description

A rare opportunity to own a spectacular 2.78 acre walk-on waterfront property with 160 feet of beachfront near Gartley Point and the Kingfisher Resort. This secluded, mostly treed lot offers sweeping views of the Strait of Georgia to the Coastal Mountains in a tranquil and natural setting surrounded by the sounds of the sea. While just minutes to town, it feels like a world away. A must see in person to appreciate this breathtaking setting as photos cannot do this listing justice. For more information please contact Ronni Lister at 250-702-7252 or ronnilister.com. (id:63159)

Location Insights

Weather

Mostly Cloudy

15°C

Mostly Cloudy

Humidity 82%

Wind WNW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

28,420

(2021 Census)

+10.8% since 2016

Density: 876.6/km²

Dwellings: 13,414

Median household income: $72,000

After-tax: $65,500

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom3.9% · 1,105
  • United States of America1.3% · 370
  • Germany1.1% · 300
  • Philippines1% · 290
  • Viet Nam0.6% · 160
  • India0.5% · 130
  • Korea, South0.4% · 110
  • Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Royston ElementaryElementary2.2 km
Ecole Robb RoadElementary5.0 km
Phil & Jennie Gaglardi Academy(Independent)K-125.2 km
École Au coeur de l'îleK-125.6 km
Aspen Park ElementaryElementary5.8 km
Brooklyn ElementaryElementary6.0 km
Highland SecondarySecondary6.1 km
Nala'atsi Alternate ProgramSecondary7.4 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: Comox Valley (SD71)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,436,000.00
Periodic payment — Principal & Interest (monthly)$9,264.58
Additional monthly expenses (strata, tax, utilities, etc.)$438.07
Total monthly cost$9,702.66
Interest paid over 5-yr term$411,561.73
Balance at end of term$1,291,686.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,042.34

Cash Needed at Closing

Minimum down payment$359,000
Estimated BC PTT$33,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$394,400

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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