Property Type: Land / LotOwnership: Freehold

505 Cardale Rd

Decourcy Island, BC A1A1A1

$98,400

0 bed0 bath
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Property Details

Property & Lot

Lot size
1.17 acres
Zoning
Residential

SR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$386

Interior

Fireplace
None

Listing Information

MLS®
1025998
Listed
February 13, 2026
Time on market
On the market for 199 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Decourcy Island Building Lot. This 1.17 acre property rectangular in shape with 150 ft of frontage & 340 ft deep offers an upward sloped topography towards the rear of the lot with the middle area leveling off before it slopes upward towards the second shelf. Ideally situated on the island close to water access (Russell Place) and just minutes from Pirates Cove Marine Park which offers a private marina called “Russell Landing Marina” open to residents that also has a Float Plane dock. Decourcy Island offers potable water at the park well, commercial wharf w/crane hoist for offloading materials, community association with their own fire department and a tranquil and serene lifestyle with off grid living with no ferry service. Easily accessible boat access from Boat Harbour, Cedar or Gabriola Island for weekend getaways and summer vacationing. The surrounding area offers excellent fishing, crabbing, prawning and all the sightseeing and exploring you want to enjoy! This is a great opportunity to own a piece of paradise. GST applicable (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Cedar ElementaryElementary8.3 km
Cedar SecondarySecondary9.2 km
Qwam Qwum Stuwixwulh Community SchoolElementary9.9 km
North Oyster ElementaryElementary9.9 km
Gabriola ElementaryElementary11.0 km
Thetis Island ElementaryElementary11.7 km
Stz'uminus Senior Secondary(Independent)Secondary12.3 km
Ladysmith IntermediateElementary13.4 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.

Nearby Places

Parks (2)

  • Dunlop Flewett Community Trail · 615 Dunlop Lane535 m
  • Dunlop Lane Community Park · 650 Dunlop Lane783 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,920) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$78,720.00
Periodic payment — Principal & Interest (monthly)$507.87
Additional monthly expenses (strata, tax, utilities, etc.)$32.17
Total monthly cost$540.04
Interest paid over 5-yr term$22,561.38
Balance at end of term$70,808.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,920
Stress test qualifying rate8.09%
Payment you must qualify for$718.83

Cash Needed at Closing

Minimum down payment$4,920
Estimated BC PTT$984
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,404

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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