Property Type: Detached HouseOwnership: Freehold

7478 Yake Rd

Fanny Bay, BC V0R1W0

$925,000

3 bed2 bath4 parking2,100 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
19,166 square feet
Zoning
Residential

CR-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,313

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Bonus RoomSecond level15'6 x 20'9
Laundry roomMain level15'6 x 6'8
BathroomMain level9'2 x 4'11
BedroomMain level10'6 x 12'3
BedroomMain level11'11 x 12'3
EnsuiteMain level6'1 x 10'11
Primary BedroomMain level12'5 x 17'8
KitchenMain level12'3 x 14'2
Dining roomMain level12'11 x 11'10
Living roomMain level17'4 x 20'11

Listing Information

MLS®
1045158
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

This beautifully maintained rancher offers peace and privacy with a backdrop of perennial gardens and mature forest. Built in 2006 this rancher with bonus room has a two car garage, crawl space and heat pump for the most energy efficient heating and cooling. Just freshly painted and a new roof installed 3 years ago. The welcoming foyer leads into a bright living area anchored by a cozy stone-faced gas fireplace and expansive windows that frame the lush backyard. The heart of the home is the gourmet kitchen, complete with an extra-large island and an inviting dining space. The primary bedroom has an ensuite bathroom and walk in closet. There are 2 more bedrooms that share a bathroom, plus a bonus room upstairs with peek a boo views to the ocean. Beautifully maintained and move in ready. Enjoy the coastal lifestyle just a short walk from the historic Fanny Bay Inn, where you can unwind on their outdoor patio with sweeping ocean views, fresh local seafood, and a classic pub menu. (id:63159)

Values & Trends

This listing

$440/sqft

Building average

No other active listings in this building

Union Bay/Fanny Bay average

$575/sqft

20 active listing(s)

Parking: 4 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

Nearest station: Comox

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.

Nearby Schools

SchoolTypeDistance
Beachcombers Academy(Independent)Elementary605 m
Denman Island Community SchoolElementary3.8 km
Bowser ElementaryElementary11.0 km
Hornby Island ElementaryElementary12.2 km
Royston ElementaryElementary18.3 km
Cumberland Community SchoolElementary/Middle20.1 km
Phil & Jennie Gaglardi Academy(Independent)K-1220.9 km
Ecole Robb RoadElementary21.3 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: 7.3% ($67,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$740,000.00
Periodic payment — Principal & Interest (monthly)$4,774.23
Additional monthly expenses (strata, tax, utilities, etc.)$464.42
Total monthly cost$5,238.65
Interest paid over 5-yr term$212,086.13
Balance at end of term$665,632.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,593.87

Cash Needed at Closing

Minimum down payment$67,500
Estimated BC PTT$16,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,500

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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