Property Type: Detached HouseOwnership: Freehold

7170 WESTMINSTER STREET

Powell River, BC

$1,088,000

4 bed2 bath1 parking1,964 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
17,424 square feet
Frontage
71 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,964

Interior

Heating
Forced air, Natural gas
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

Waterfront
Waterfront on ocean

Parking

Total spaces
1 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
Living roomBasement
Living roomMain level
Dining roomMain level
KitchenBasement
KitchenMain level
Primary BedroomMain level
3pc BathroomBasement
BedroomBasement
Family roomBasement
Dining nookMain level
BedroomMain level
BedroomMain level

Listing Information

MLS®
20102
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: WESTVIEW ZAIKOW REALTY · Data source: CREA DDF.

Description

Welcome to 7170 Westminster, a rare waterfront opportunity in one of Powell River's most desirable neighborhoods with full municipal services. Enjoy stunning views of the Salish Sea and Texada Island from this waterfront property, complete with private access to the shoreline via a stairway and switchback trail leading to shoreline patios. This classic mid-century modern home features vaulted ceilings and retains much of its original character, offering the perfect canvas for tasteful updates. The walk-out basement enjoys ocean views and includes a second kitchen, living room, bedroom, and bathroom, providing excellent potential for extended family, guests, or a suite. A newer high-efficiency gas furnace, mature landscaping, and proximity to parks, a marina, schools, shopping, and dining complete this exceptional offering. (id:63159)

Values & Trends

This listing

$554/sqft

Building average

No other active listings in this building

Powell River average

$436/sqft

129 active listing(s)

Parking: 1 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

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

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
Powell River Christian School(Independent)Elementary/Middle1.3 km
Westview ElementaryElementary2.2 km
Westview Learning CentreElementary2.3 km
Assumption School(Independent)Elementary3.4 km
Cote-du-SoleilElementary/Middle3.6 km
Edgehill ElementaryElementary5.6 km
Texada ElementaryElementary5.6 km
Secondaire BrooksSecondary7.1 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)

  • The Seasider Bistro + Wine Bar + Patio · 7074 Westminster Street337 m

Gyms (1)

  • Better Bodies Gym310 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($83,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$870,400.00
Periodic payment — Principal & Interest (monthly)$5,615.53
Additional monthly expenses (strata, tax, utilities, etc.)$761.67
Total monthly cost$6,377.19
Interest paid over 5-yr term$249,459.14
Balance at end of term$782,927.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$83,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,721.95

Cash Needed at Closing

Minimum down payment$83,800
Estimated BC PTT$19,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,060

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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