Property Type: Detached HouseOwnership: Freehold

5423 HEMLOCK STREET

Powell River, BC V8A0T7

$1,289,900

4 bed3 bath2 parking3,323 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Lot size
6,534 square feet
Frontage
64 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,056

Interior

Heating
Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Conventional

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2 — uncovered indicated
Features
Other

Room Dimensions

RoomLevelDimensions
FoyerMain level
Living roomMain level
Dining roomMain level
KitchenBasement
KitchenMain level
Primary BedroomMain level
4pc BathroomBasement
3pc BathroomMain level
5pc BathroomMain level
OfficeMain level
Laundry roomBasement
Laundry roomMain level
Family roomBasement
BedroomBasement
BedroomBasement
WorkshopBasement
OtherBasement
OtherMain level

Listing Information

MLS®
20018
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: ROYAL LEPAGE POWELL RIVER · Data source: CREA DDF.

Description

REMARKABLE OCEAN VIEW WITH SUITE! Like new 2016 custom level-entry home boasts full-length decks up & down to enjoy great views of Harwood & Savary Islands. Main floor living room features a wall of windows, natural gas fireplace and opens to a dining room and gorgeous chef's kitchen with five-burner stove and spacious island. Quality finishing throughout with high ceilings, wood floors, nice window coverings, wide hallways & doors. Primary bedroom with own view accesses deck through French doors, has a roomy walk-in closet and 5 piece ensuite. Everything you need is on the main floor with guest bath, office & laundry room. The two-bedroom suite (ready to go) on lower level has great views from living room, kitchen & bedroom plus a private full-length deck and full bath! Just the right sized front and back yards are ideal for container gardens or just relaxing! Double garage and concrete driveway. Located in vibrant Townsite area close to trails, in an area of beautiful homes. (id:63159)

Values & Trends

This listing

$388/sqft

Building average

No other active listings in this building

Powell River average

$437/sqft

129 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

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.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Secondaire BrooksSecondary121 m
Brooks SecondaryElementary121 m
Henderson ElementaryElementary368 m
Edgehill ElementaryElementary2.7 km
James Thomson ElementaryElementary3.3 km
Cote-du-SoleilElementary/Middle3.5 km
Assumption School(Independent)Elementary3.8 km
Westview ElementaryElementary4.9 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: 8.1% ($103,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,031,920.00
Periodic payment — Principal & Interest (monthly)$6,657.60
Additional monthly expenses (strata, tax, utilities, etc.)$920.67
Total monthly cost$7,578.26
Interest paid over 5-yr term$295,751.24
Balance at end of term$928,215.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$103,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,119.23

Cash Needed at Closing

Minimum down payment$103,990
Estimated BC PTT$23,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$129,288

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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