Property Type: Detached HouseOwnership: Freehold

5733 Island Hwy N

Courtenay, BC V9J1T3

$669,000

3 bed1 bath5 parking1,394 sqftBuilt 1944
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Property Details

Property & Lot

Sub-type
House
Lot size
0.5 acres
Zoning
Agricultural

RU ALR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,765.02

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
WorkshopOther16'8 x 30'1
EntranceMain level5'0 x 6'6
DenMain level7'2 x 11'10
BedroomMain level8'2 x 12'8
Primary BedroomMain level9'3 x 14'9
Living roomMain level15'4 x 19'0
Laundry roomMain level6'4 x 8'2
KitchenMain level8'11 x 10'8
Dining roomMain level12'0 x 14'8
BedroomMain level10'4 x 11'1
BathroomMain level5'11 x 9'5

Listing Information

MLS®
1040148
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.

Description

This cozy rancher is clean, bright and open, and waiting for it's future owner. Located just 10 minutes from Seal Bay park and the rest of the Comox Valley. Enjoy the charm of established fruit trees and the privacy of a quiet setting. Your rural oasis awaits! The partially finished attic is a blank canvas for the creative-playroom, storage or isolated getaway. The expansive deck can be enjoyed straight from the primary bedroom where you can watch your chickens in the included coop. Set on a spacious half-acre lot, this 3-bedroom + den home offers the perfect balance of rural living and everyday convenience with room for hobbies, projects and storage. The property features RV hookups, an electrically upgraded detached shop with vehicle hoist, and a secondary outbuilding with power. The crawlspace was fully remediated in 2025 offering comfort, peace of mind and functionality. (id:63159)

Values & Trends

This listing

$480/sqft

Building average

No other active listings in this building

Courtenay North average

$695/sqft

19 active listing(s)

Parking: 5 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

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.

Population

28,420

(2021 Census)

+10.8% since 2016

Density: 876.6/km²

Dwellings: 13,414

Median household income: $72,000

After-tax: $65,500

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom3.9% · 1,105
  • United States of America1.3% · 370
  • Germany1.1% · 300
  • Philippines1% · 290
  • Viet Nam0.6% · 160
  • India0.5% · 130
  • Korea, South0.4% · 110
  • Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Navigate AcademyElementary1.6 km
Huband Park ElementaryElementary3.1 km
Georges P. Vanier SecondarySecondary5.3 km
Queneesh ElementaryElementary5.4 km
Glacier View Secondary CentreK-126.2 km
Ecole Secondaire Mark R Isfeld SecondarySecondary7.0 km
Valley View ElementaryElementary7.3 km
Ecole Puntledge Park ElementaryElementary7.8 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)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$535,200.00
Periodic payment — Principal & Interest (monthly)$3,452.93
Additional monthly expenses (strata, tax, utilities, etc.)$300.42
Total monthly cost$3,753.35
Interest paid over 5-yr term$153,389.86
Balance at end of term$481,414.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,822.18

Cash Needed at Closing

Minimum down payment$41,900
Estimated BC PTT$11,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,780

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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