Property Type: Detached HouseOwnership: Freehold

5029 PAXTON ROAD

Texada Island, BC V0N3K0

$549,000

3 bed1 bath1,590 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
8 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,501

Interior

Heating
Baseboard heaters, Baseboard heaters, Electric, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Woodstove

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomAbove
4pc BathroomMain level
Laundry roomMain level
BedroomAbove
BedroomAbove
OtherAbove

Listing Information

MLS®
19892
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

Listing provided by: 460 REALTY POWELL RIVER · Data source: CREA DDF.

Description

Discover the possibilities on this beautiful flat 8.14-acre ALR property in the heart of Texada Island. Featuring a cozy Panabode barn-style A-frame home surrounded by peaceful West Coast nature, this unique acreage offers rare 80+ year second-growth forest with an abundance of usable lumber to help build your dream home or future projects. Partially cleared with the balance in diverse natural forest, the property is ideal for hobby farming, eco-tourism, market gardening, or quiet rural living. Chicken coop ready with established glamping potential in a serene private setting. Stay connected with available Starlink internet or CityWest fibre optic service. Convenient mid-island location just minutes to the Texada Home & Garden Shop and seasonal ice cream stop, 15 minutes to Blubber Bay Ferry, 4 minutes to Gillies Bay Airport, and 10 minutes to Shelter Point beaches, hiking, kayaking, and fishing. (id:63159)

Values & Trends

This listing

$345/sqft

Building average

No other active listings in this building

Texada Island average

$685/sqft

20 active listing(s)

Parking: Not indicatedStorage 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: Powell River

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 100%

Wind NE 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Texada ElementaryElementary6.5 km
Powell River Christian School(Independent)Elementary/Middle11.2 km
Kelly Creek Community SchoolElementary11.9 km
Westview ElementaryElementary12.2 km
Westview Learning CentreElementary12.3 km
Assumption School(Independent)Elementary13.4 km
Cote-du-SoleilElementary/Middle13.6 km
Edgehill ElementaryElementary15.6 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: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$205.08
Total monthly cost$3,038.65
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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