Property Type: Land / LotOwnership: Freehold

7 Hot Springs Cove

Tofino, BC V0R2Z0

$150,000

0 bed0 bath1 parking
Get Directions

Property Details

Property & Lot

Lot size
0.57 acres
Zoning
Unknown

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$278.4

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
1

Listing Information

MLS®
1032460
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty (Tfno) · Data source: CREA DDF.

Description

Hot Springs Cove Residential waterfront lot…your own stream cuts across one corner! A short boat ride from Lot 7 to the Hot Springs when nobody else is there. Build a cabin off grid and relax in the splendour of nature all around. Seafood in your front yard, seaweed for a garden, spend time in harmony with nature. A boat is a necessity, although not out of the question to arrange for local transportation back-and-forth from TOFINO for stores and supplies. An adventure awaits! (id:63159)

Location Insights

Weather

Mainly Sunny

14°C

Mainly Sunny

Humidity 94%

Wind NW 9 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,516

(2021 Census)

+27.9% since 2016

Density: 238.3/km²

Dwellings: 1,205

Median household income: $85,000

After-tax: $75,500

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.6% · 40
  • United States of America1.4% · 35
  • Germany0.6% · 15
  • France0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Maaqtusiis Elementary(Independent)Elementary18.2 km
Maaqtusiis Secondary(Independent)Secondary19.6 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: Pacific Rim (SD70)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$120,000.00
Periodic payment — Principal & Interest (monthly)$774.20
Additional monthly expenses (strata, tax, utilities, etc.)$23.20
Total monthly cost$797.40
Interest paid over 5-yr term$34,392.34
Balance at end of term$107,940.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,095.78

Cash Needed at Closing

Minimum down payment$7,500
Estimated BC PTT$1,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$10,500

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.

Request more information