561 & 565 Island Hwy
Campbell River, BC V9W2B9
$1,295,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 14,243 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,356
Interior
- Heating
- Forced air, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Auxiliary Building | 15'5 x 6'7 |
| Other | Auxiliary Building | 31'2 x 21'11 |
| Other | Auxiliary Building | 3'3 x 3'10 |
| Other | Auxiliary Building | 5'1 x 9'8 |
| Bedroom | Auxiliary Building | 9'3 x 9'3 |
| Bathroom | Auxiliary Building | 4-Piece |
| Dining room | Auxiliary Building | 11'6 x 4'8 |
| Kitchen | Auxiliary Building | 10'0 x 9'3 |
| Living room | Auxiliary Building | 11'4 x 19'3 |
| Workshop | Lower level | 7'7 x 5'2 |
| Laundry room | Lower level | 7'5 x 5'8 |
| Bathroom | Lower level | 3-Piece |
| Bedroom | Lower level | 10'11 x 11'0 |
| Bedroom | Lower level | 15'4 x 6'9 |
| Other | Lower level | 9'1 x 12'6 |
| Ensuite | Second level | 5-Piece |
| Bonus Room | Second level | 19'9 x 13'7 |
| Primary Bedroom | Second level | 16'2 x 19'6 |
| Bathroom | Main level | 4-Piece |
| Mud room | Main level | 6'4 x 10'2 |
| Dining nook | Main level | 5'11 x 10'11 |
| Kitchen | Main level | 11'3 x 20'1 |
| Dining room | Main level | 8'2 x 12'4 |
| Living room | Main level | 14'8 x 21'4 |
| Sunroom | Main level | 4'7 x 7'5 |
| Bedroom | Main level | 11'8 x 14'1 |
| Entrance | Main level | 8'0 x 7'7 |
Listing Information
- MLS®
- 1022624
- Listed
- January 8, 2026
- Time on market
- On the market for 235 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.
Description
Welcome to ''Graymor Cottage''- a breathtaking waterfront opportunity in Campbell River! This property has two homes, two titles, and are being sold together. You will be in awe of these gorgeous views- watch the eagles feed right in front of your back patio, fisherman casting off the pier, boats and cruise ships enjoying the Discovery Passage. The main house oozes character and Campbell River charm- boasting 3 bedrooms and 3 bathrooms with a couple flex rooms and an office to die for. The one bedroom, one bathroom cottage provides even more gorgeous views and opportunity. Call your Realtor and see this for yourself! (id:63159)
Values & Trends
This listing
$396/sqft
Building average
—
No other active listings in this building
Campbell River Central average
$410/sqft
49 active listing(s)
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
14°C
Shallow Fog
Humidity 100%
Wind NW 9 km/h
Tonight
13°
Tuesday
20°
Tuesday night
16°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
35,519
(2021 Census)
+7.6% since 2016
Density: 246/km²
Dwellings: 16,194
Median household income: $78,000
After-tax: $70,000
Immigrant population: 10.5%
Top countries of origin (% of total population)
- United Kingdom2.7% · 960
- United States of America1% · 355
- Philippines0.9% · 320
- Germany0.6% · 215
- South Africa, Republic of0.5% · 165
- India0.5% · 160
- Netherlands0.3% · 120
- Viet Nam0.3% · 105
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
3/9 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
| School | Type | Distance |
|---|---|---|
| Ecole Phoenix Middle | Elementary | 783 m |
| Cedar Elementary | Elementary | 927 m |
| Secondaire Carihi | Secondary | 1.1 km |
| Carihi Secondary | Elementary | 1.1 km |
| Ecole Des Deux Mondes Elementary | Elementary | 1.1 km |
| Pinecrest Elementary | Elementary | 1.8 km |
| Campbell River Christian School(Independent) | K-12 | 1.9 km |
| Elm Alternate | Elementary | 2.5 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
Restaurants (3)
- Dick's Fish n Chips · 660 Island Highway344 m
- Quay West725 m
- Session Taproom & Kitchen · 926 Island Highway797 m
Parks (4)
- "House on the Hill" · 585 Island Highway119 m
- Sequoia Park · 471 Island Highway299 m
- Campbell River Museum301 m
- Centennial Park · 230 4th Avenue418 m
Gyms (1)
- Pure Martial Arts & Fitness · 922 Island Highway786 m
Nearby places data: © OpenStreetMap contributors.
School district: Campbell River (SD72)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($104,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.