Property Type: Detached HouseOwnership: Freehold

5150 East Rd

Denman Island, BC V0R1T0

$799,000

0 bed0 bath4 parkingBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
1.14 acres
Zoning
Unknown

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,140

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Unfinished RoomSecond level20'3 x 17'11
StorageMain level4'6 x 3'5
Unfinished RoomMain level8'0 x 8'0
OtherMain level11'0 x 8'3
OtherMain level19'5 x 19'2

Listing Information

MLS®
1045043
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (Crtny) · Data source: CREA DDF.

Description

Discover a rare chance to own 1.14 acres of walk-on waterfront on beautiful Denman Island. This private, tree-lined property offers the kind of direct shoreline access that has become increasingly difficult to find, allowing you to step from your own land right onto the water's edge. An unfinished cabin sits on the property, topped with a durable metal roof and ready to be completed to suit your vision. Whether you picture a cozy retreat, a weekend getaway, or the foundation for a full-time island home, the groundwork is already in place, saving you significant time and cost compared to starting from scratch. Adding real value to this offering, the property is already connected to the Graham Lake water system and has electricity on site. These two essential services take much of the guesswork out of finishing the build and make the path to move in ready that much shorter. Denman Island is known for its close knit community, relaxed pace, and easy ferry access from Vancouver Island. Spend your days exploring the coastline, visiting local farm stands and artisan shops, or simply enjoying the quiet that comes with island living. Few places offer this level of natural beauty paired with genuine convenience. Whether you are searching for a recreational escape, a future home, or a long term investment in island living, this waterfront acreage is full of potential. Bring your plans and your imagination. Properties with true walk-on waterfront access on Denman rarely come to market, so don't miss your chance to make this one yours. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Denman Island average

$575/sqft

14 active listing(s)

Parking: 4 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: Comox

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.

Nearby Schools

SchoolTypeDistance
Hornby Island ElementaryElementary5.6 km
Bowser ElementaryElementary5.9 km
Beachcombers Academy(Independent)Elementary8.0 km
Denman Island Community SchoolElementary8.2 km
Royston ElementaryElementary23.4 km
Qualicum Beach ElementaryElementary24.2 km
Phil & Jennie Gaglardi Academy(Independent)K-1224.7 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)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$428.33
Total monthly cost$4,552.23
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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