Property Type: Detached HouseOwnership: Freehold

508 COLLINS ROAD

Bowen Island, BC V0N1G1

$899,000

4 bed2 bath2 parking2,205 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
7,841 square feet
Frontage
0 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,260.14 (2024)

Interior

Basement
Partial, Unknown, Unknown
Heating
Baseboard heaters
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3014118
Listed
June 11, 2025
Time on market
On the market for 447 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Part of the original Collins Farm property, this cottage sits in a quiet corner close to the Cove, and is walking distance from everything - the school, the ferry, Crippen Park and Pebbly Beach to name a few. Inside features two bedrooms up, along with a solarium on the east side of the home. Downstairs is flexible, with 2 bedrooms that could also double as rec spaces, offices or more. Very sunny, embraced by a mature garden, and also including a double garage. (id:63159)

Values & Trends

This listing

$408/sqft

Building average

No other active listings in this building

Bowen Island average

$1,036/sqft

41 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

Nearest station: Gibsons

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

4,256

(2021 Census)

+15.7% since 2016

Density: 84.9/km²

Dwellings: 2,036

Median household income: $111,000

After-tax: $95,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • United Kingdom7.3% · 310
  • United States of America3.8% · 160
  • South Africa, Republic of1.9% · 80
  • Hong Kong0.7% · 30
  • Germany0.6% · 25
  • Mexico0.5% · 20
  • Korea, South0.5% · 20
  • France0.4% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

2/9 categories nearby

Transit

27

4 stop(s) within 800m

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
Bowen Island Community SchoolElementary690 m
Island Pacific School(Independent)Middle1.2 km
Gleneagles ElementaryElementary4.9 km
Eagle Harbour MontessoriElementary6.8 km
Rockridge SecondarySecondary7.6 km
Caulfeild ElementaryElementary8.0 km
Cypress Park PrimaryElementary9.0 km
West Bay ElementaryElementary11.0 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

StopTypeDistance
(Southbound Miller Rd In Deep Bay Area) (Flag)132 m
(Northbound Miller Rd In Deep Bay Area) (Flag)164 m
(Area Of Lenora Rd @ Melmore Rd) (Flag)413 m
(Westbound Miller Rd In Scarborough Rd Area) (Flag)708 m

Nearby Places

Parks (1)

  • Memorial Garden733 m

Gyms (1)

  • Bowen Island Community Centre Fitness Centre · 580 Bowen Island Trunk Road735 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$465.01
Total monthly cost$5,105.05
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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