437 Chamadaska Way
Cortes Island, BC V0P1K0
$1,495,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 2.1 acres
- Zoning
- Rural residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,233
Interior
- Heating
- Heat Pump, Wood
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 4'4 x 5'5 |
| Recreation room | Second level | 12'3 x 16'4 |
| Office | Second level | 6'1 x 7'10 |
| Family room | Second level | 10'4 x 18'8 |
| Bedroom | Main level | 10'10 x 17'6 |
| Bathroom | Main level | 6'5 |
| Ensuite | Main level | 9'4 x 9'7 |
| Primary Bedroom | Main level | 14'11 |
| Laundry room | Main level | 11'11 |
| Living room | Main level | 15'1 x 15'10 |
| Dining room | Main level | 13'7 x 13'9 |
| Kitchen | Main level | 11'10 x 14'11 |
| Entrance | Main level | 6'11 x 10'11 |
Listing Information
- MLS®
- 1047705
- Listed
- August 26, 2026
- Time on market
- On the market for 5 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Set on 2.1 private acres overlooking Smelt Bay, this 2,324 sq ft custom home offers 2 bedrooms and 3 bathrooms, plus a detached 453 sq ft studio suite with its own kitchen, bathroom, and loft- ideal for guests or rental income. Partial ocean views and stunning sunsets are visible from the main living areas. Inside, exposed wood beams, a wood-burning hearth, and heated tile floors keep the home feeling cozy, while a heat pump provides efficient year-round climate control. A home office adds functional space for remote work. The landscaped grounds are established with a wide variety of perennials and productive fruit trees, offering privacy and low-maintenance beauty. Located in a desirable neighborhood just a short walk to the beach, this property combines acreage, water views, and a versatile secondary suite in one package. Whether you're looking for a full-time residence or a vacation retreat, this custom-built home on the desirable South end of Cortes Island is a rare find. (id:63159)
Values & Trends
This listing
$538/sqft
Building average
—
No other active listings in this building
Cortes Island average
$649/sqft
12 active listing(s)
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
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Cortes Island School | Elementary | 3.1 km |
| Quadra Elementary | Elementary | 15.9 km |
| Ècole Willow Point Elementary | Elementary | 17.7 km |
| Ocean Grove Elementary | Elementary | 17.8 km |
| Mer-et-montagne | Elementary/Middle | 18.1 km |
| Ecole Phoenix Middle | Elementary | 18.3 km |
| Cedar Elementary | Elementary | 18.4 km |
| Pinecrest Elementary | Elementary | 18.4 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: Campbell River (SD72)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.



