Property Type: Detached HouseOwnership: Freehold

4643 Gail Cres

Courtenay, BC V9N5Y3

$695,000

3 bed2 bath2 parking1,334 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
14,026 square feet
Zoning
Residential

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,192

Interior

Heating
Forced air, Electric
Cooling / A/C
None
Fireplace
None

Building

Parcel ID (PID)
003-260-917

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomLower level2-Piece
BedroomLower level10'8 x 10'11
BathroomMain level4-Piece
BedroomMain level10'10 x 11'3
Primary BedroomMain level12'8 x 13'3
Dining roomMain level10'0 x 10'1
KitchenMain level10'0 x 10'1
Living roomMain level14'6 x 14'6

Listing Information

MLS®
1038056
Listed
May 27, 2026
Time on market
On the market for 96 days
Data last synced
September 1, 2026

Listing provided by: eXp Realty (CX) · Data source: CREA DDF.

Description

Set on a generous 0.32-acre lot in desirable Courtenay North, this versatile bi-level home offers nearly 2,000 sq ft of total space just minutes from town. The main level features a bright living room, updated kitchen (2017), dining area, 2 bedrooms, and a full 4-piece bath. The lower level includes additional space with a family/rec room, third bedroom, den, laundry area, and 2-piece bath, offering flexibility for a variety of living arrangements. Roof replaced in 2017. Enjoy the sunny backyard, rear deck, municipal water, and peaceful semi-rural setting close to parks, recreation, and all amenities. (id:63159)

Values & Trends

This listing

$521/sqft

Building average

No other active listings in this building

Courtenay North average

$693/sqft

19 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

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 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
Huband Park ElementaryElementary997 m
Queneesh ElementaryElementary1.6 km
Georges P. Vanier SecondarySecondary2.1 km
Glacier View Secondary CentreK-122.4 km
Ecole Secondaire Mark R Isfeld SecondarySecondary3.2 km
Valley View ElementaryElementary3.5 km
Nala'atsi Alternate ProgramSecondary4.7 km
Courtenay ElementaryElementary4.8 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)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$556,000.00
Periodic payment — Principal & Interest (monthly)$3,587.12
Additional monthly expenses (strata, tax, utilities, etc.)$333.00
Total monthly cost$3,920.12
Interest paid over 5-yr term$159,351.20
Balance at end of term$500,123.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,002.12

Cash Needed at Closing

Minimum down payment$44,500
Estimated BC PTT$11,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,900

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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