Property Type: Land / LotOwnership: Strata

720 Arrowsmith Ridge

Courtenay, BC V9J1L0

$339,900

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
4,356 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$1,237

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Listing Information

MLS®
985830
Listed
January 29, 2025
Time on market
On the market for 579 days
Data last synced
August 28, 2026

Listing provided by: Island Pacific Realty Ltd. · Data source: CREA DDF.

Description

Mount Washington building lot. This corner lot offers unimpeded views into Strathcona Park. The resort community of Mount Washington offers year round recreation opportunities, including skiing, hiking, mountain biking, snow shoeing, or just relax and enjoy the amazing mountain views. This property has already had a geotech report done, and is included. This lot is serviced with sewer and water (id:63159)

Location Insights

Weather

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 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.

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No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,920.00
Periodic payment — Principal & Interest (monthly)$1,754.34
Additional monthly expenses (strata, tax, utilities, etc.)$103.08
Total monthly cost$1,857.42
Interest paid over 5-yr term$77,933.05
Balance at end of term$244,592.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,483.03

Cash Needed at Closing

Minimum down payment$16,995
Estimated BC PTT$4,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,293

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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