Property Type: Detached HouseOwnership: Freehold

5835 Island Hwy N

Courtenay, BC V9J1T3

$1,075,000

1 bed1 bath6 parking567 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Lot size
6.1 acres
Zoning
Agricultural

RU-ALR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$370.72

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
EntranceMain level5'6 x 9'6
EntranceMain level6'0 x 6'4
BathroomMain level6'10 x 6'0
Primary BedroomMain level13'3 x 11'7
KitchenMain level15'4 x 13'3

Listing Information

MLS®
1033544
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

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

Description

Ready made farm property fenced and cross fenced, set up as a market garden with greenhouses farm stand and cooler building. Equipment can be included. Several good building sites to take advantage of the view to the mountains. 6 acres would work for horses with a barn and a hayloft already in place. Machine, sheds, garage and small cabin all ready for new ideas. Take a lawn chair to sit amongst the giant fir trees and plan your future (id:63159)

Values & Trends

This listing

$1,896/sqft

Building average

No other active listings in this building

Courtenay City average

$501/sqft

30 active listing(s)

Parking: 6 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

15°C

Mostly Cloudy

Humidity 82%

Wind WNW 5 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 AcademyElementary1.1 km
Huband Park ElementaryElementary3.6 km
Georges P. Vanier SecondarySecondary5.8 km
Queneesh ElementaryElementary6.0 km
Glacier View Secondary CentreK-126.7 km
Ecole Secondaire Mark R Isfeld SecondarySecondary7.6 km
Valley View ElementaryElementary7.9 km
Ecole Puntledge Park ElementaryElementary8.3 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: 7.7% ($82,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$860,000.00
Periodic payment — Principal & Interest (monthly)$5,548.43
Additional monthly expenses (strata, tax, utilities, etc.)$58.89
Total monthly cost$5,607.32
Interest paid over 5-yr term$246,478.47
Balance at end of term$773,572.78

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$82,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,631.98

Cash Needed at Closing

Minimum down payment$82,500
Estimated BC PTT$19,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$103,500

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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