Property Type: Detached HouseOwnership: Freehold

4862 HOTEL LAKE ROAD

Garden Bay, BC V0N1S1

$1,050,000

3 bed4 bath3 parking2,791 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Lot size
20,032 square feet
Frontage
160 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,852.01 (2025)

Interior

Basement
Partially finished, Crawl space, Unknown
Heating
Propane
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
3 — covered indicated
Features
Carport

Listing Information

MLS®
R3149529
Listed
July 23, 2026
Time on market
On the market for 39 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Sussex · Data source: CREA DDF.

Description

Beautifully crafted 2,791 sq.ft. residence offering 3 beds/4 baths, set on a private 0.46-acre property with breathtaking panoramic ocean views & sun-drenched southern exposure. Thoughtfully designed with level entry, this one-owner home is offered for the first time on the market & showcases high-quality construction throughout. Vaulted ceilings, skylights, and expansive windows fill the home with natural light, complementing the rich hardwood floors and stone fireplace. The spacious primary suite is a true retreat, featuring a luxurious ensuite with soaker tub perfectly positioned to take in the ocean views. Enjoy seamless indoor-outdoor living with a large patio ideal for entertaining or relaxing in complete privacy. A rare and exceptional offering, just moments to the ocean & nearby lakes! (id:63159)

Values & Trends

This listing

$376/sqft

Building average

No other active listings in this building

Garden Bay average

$619/sqft

7 active listing(s)

Parking: 3 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: Sechelt

13°C

Humidity 87%

Wind N 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Madeira Park ElementaryElementary1.7 km
Pender Harbour Elem-SecondaryK-124.8 km
Halfmoon Bay ElementaryElementary20.2 km
False Bay SchoolK-1223.3 km
West Sechelt ElementaryElementary24.5 km
Kinnikinnick ElementaryElementary24.6 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: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$544.33
Total monthly cost$5,963.73
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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