Property Type: DuplexOwnership: Strata

574 Cedar Cres

Cobble Hill, BC V8H0K8

$570,000

2 bed2 bath4 parking1,300 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
5,623 square feet
Zoning
Residential

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$499/mo
Annual property tax
$3,202.52

Interior

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

Exterior & Lot

Lot features
Other, Golf course/parkland, Marine Oriented, Gated community

Building

Parcel ID (PID)
008-879-982

Parking

Total spaces
4

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
Dining nookMain level7'5 x 7'5
KitchenMain level10'2 x 11'7
Dining roomMain level8'7 x 9'5
Living roomMain level11'11 x 19'5
EntranceMain level
BathroomMain level4-Piece
BedroomMain level13'3 x 9'6
BathroomMain level4-Piece
Primary BedroomMain level11'5 x 14'8
PatioMain level24'4

Listing Information

MLS®
1038350
Listed
June 3, 2026
Time on market
On the market for 89 days
Data last synced
August 31, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

One-Level Living in Arbutus Ridge. This 2-bedroom, 2-bathroom rancher-style half duplex offers easy living in one of Vancouver Island’s premier 55+ gated communities. Backing directly onto the golf course, this bright and well-maintained home features no-step entry and a spacious layout. French doors lead to a large south-facing patio and private fenced yard—perfect for relaxing or entertaining. The generous driveway & double garage provide ample parking & storage. This home has been well cared for and allows for immediate enjoyment. Located just a short stroll from the Arbutus Ridge Village Centre, residents enjoy access to outstanding amenities including a clubhouse, swimming pool, tennis courts, golf, fitness facilities, RV and boat storage, and a vibrant social calendar with numerous clubs and activities. Community ocean access includes a boat launch and kayak storage, making this an exceptional lifestyle opportunity. (id:63159)

Values & Trends

This listing

$438/sqft

Building average

No other active listings in this building

Cobble Hill average

No comparable active listings

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: Duncan

13°C

Humidity 92%

Wind SSW 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

11

2/9 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 ElementaryElementary3.3 km
Ecole Cobble Hill ElementaryElementary3.4 km
Frances Kelsey SecondarySecondary4.2 km
Evergreen Independent School(Independent)Elementary4.3 km
Brentwood College(Independent)Secondary4.6 km
Bench ElementaryElementary6.3 km
Deep Cove ElementaryElementary6.5 km
Shawnigan Lake(Independent)Secondary8.1 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 Lane217 m

Parks (1)

  • Hatch Point Trail748 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($32,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$456,000.00
Periodic payment — Principal & Interest (monthly)$2,941.96
Additional monthly expenses (strata, tax, utilities, etc.)$830.88
Total monthly cost$3,772.83
Interest paid over 5-yr term$130,690.91
Balance at end of term$410,173.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,137.03

Cash Needed at Closing

Minimum down payment$32,000
Estimated BC PTT$9,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,900

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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