Property Type: Condo / ApartmentOwnership: Strata

552 Marine Pl

Cobble Hill, BC V8H0K8

$1,095,000

2 bed2 bath3 parking1,777 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
6,979 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$510/mo
Annual property tax
$4,816.08

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
3

Restrictions & Policies

Pets
Allowed
Age / occupancy
Age restriction applies

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BalconySecond level25'6 x 4'6
EnsuiteSecond level4-Piece
Primary BedroomSecond level15'4 x 21'3
BedroomSecond level10'6 x 16'1
Living roomMain level12'11 x 16'1
Living room/Dining roomMain level12'11 x 12'11
OtherMain level12'5 x 13'5
StorageMain level8'3 x 4'8
BalconyMain level18'7 x 14'5
Eating areaMain level8'0 x 10'2
BathroomMain level3-Piece
Laundry roomMain level6'8 x 7'4
KitchenMain level9'9 x 11'1
EntranceMain level6'8 x 4'8
PorchMain level6'8 x 5'4
StorageLower level6'2 x 12'11

Listing Information

MLS®
1043220
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Westshore · Data source: CREA DDF.

Description

This thoughtfully designed home was created to take advantage of the expansive ocean views from the front and back decks, and every single room too. An updated contemporary gem that has numerous improvements; kitchen, bath, flooring (wood floors and sweeping travertine stairs), spa ensuite, 3 head Daikin heat pump, stone fireplace, decks and topless glass railing system, recent landscaping...this is A MUST SEE. Poly B plumbing was replaced with PEX January 2025. There is nothing quite like this in 55+ Arbutus Ridge ~ world class views in an extraordinary community that offers security, community and recreation. (id:63159)

Values & Trends

This listing

$616/sqft

Building average

No other active listings in this building

ARBUTUS RIDGE average

$498/sqft

1 active listing(s)

Parking: 3 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: Duncan

14°C

Humidity 86%

Wind NNW calm 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

7

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
George Bonner ElementaryElementary3.6 km
Ecole Cobble Hill ElementaryElementary3.6 km
Frances Kelsey SecondarySecondary4.5 km
Evergreen Independent School(Independent)Elementary4.5 km
Brentwood College(Independent)Secondary4.9 km
Bench ElementaryElementary6.2 km
Deep Cove ElementaryElementary6.5 km
Shawnigan Lake(Independent)Secondary8.4 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

Cafes (1)

  • Ridgetop Cafe · 3636 Highcourt Lane320 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$876,000.00
Periodic payment — Principal & Interest (monthly)$5,651.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,000.34
Total monthly cost$6,651.99
Interest paid over 5-yr term$251,064.12
Balance at end of term$787,964.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,770.39

Cash Needed at Closing

Minimum down payment$84,500
Estimated BC PTT$19,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,900

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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