Property Type: Condo / ApartmentOwnership: Strata

681 Homewood Rd

Campbell River, BC V9W3N6

$689,000

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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
1.28 acres
Zoning
Unknown

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$496

Interior

Fireplace
None

Listing Information

MLS®
1043731
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.

Description

This 1.28-acre property offers a rare development opportunity in a highly desirable Central Campbell River location. Currently zoned RM-1, the site previously had an approved development permit for 11 free-standing units, showcasing its strong potential and flexibility. Developers can either revive the prior concept or explore rezoning options to further maximize density and unlock additional value. The area is ideally suited for a variety of housing forms, including townhomes, modular homes, or higher-density multi-unit projects. With it's location, size, and multiple pathways for development, this property is a great investment for builders and visionaries looking to create much-needed housing in Campbell River. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Campbell River Central average

$448/sqft

29 active listing(s)

Parking: Not indicatedStorage 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

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind W 3 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

7

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
Ecole Des Deux Mondes ElementaryElementary257 m
Ecole Phoenix MiddleElementary650 m
Secondaire CarihiSecondary717 m
Carihi SecondaryElementary717 m
Cedar ElementaryElementary1.0 km
Ripple Rock ElementaryElementary1.4 km
Campbell River Christian School(Independent)K-121.9 km
Pinecrest ElementaryElementary2.1 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

Restaurants (1)

  • Popsey's · 1120 Ironwood Street698 m

Gyms (2)

  • Shito-Ryu Karate502 m
  • West Coast Muscle & Fitness762 m

Nearby places data: © OpenStreetMap contributors.

School district: Campbell River (SD72)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,200.00
Periodic payment — Principal & Interest (monthly)$3,556.16
Additional monthly expenses (strata, tax, utilities, etc.)$41.33
Total monthly cost$3,597.49
Interest paid over 5-yr term$157,975.50
Balance at end of term$495,806.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,960.59

Cash Needed at Closing

Minimum down payment$43,900
Estimated BC PTT$11,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,180

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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