Property Type: Detached HouseOwnership: Freehold

7594 Island Hwy N

Merville, BC V9N1G3

$1,099,000

3 bed3 bath10 parking1,998 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
1.95 acres
Zoning
Residential

RU-ALR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,089

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
10 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
OtherOther19'1 x 9'4
OtherOther19'1 x 9'6
OtherOther3'4 x 4'2
Utility roomLower level4'8
StorageLower level5'4 x 8'7
StorageLower level7'5 x 8'7
Recreation roomLower level9'4 x 21'8
Primary BedroomLower level22'3 x 12'11
BedroomLower level9'7 x 8'4
BedroomLower level9'6
BathroomLower level8'5 x 4'11
EnsuiteLower level8'3 x 5'11
OfficeMain level9'4 x 8'11
Living roomMain level14'10 x 16'7
Laundry roomMain level10'5
KitchenMain level14'3 x 14'10
EntranceMain level9'4 x 7'2
Dining roomMain level19'9 x 7'2
BathroomMain level4-Piece

Listing Information

MLS®
1034278
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (CT) · Data source: CREA DDF.

Description

Built in 2024 by STURDI Construction, this beautiful country home sits on 1.95 acres, offering peaceful mountain and farm views in every direction. Designed with comfort and lifestyle in mind, the home features 3 bedrooms plus a bedroom-sized office, 9’ ceilings up and down, and warm custom milled wood details that add character throughout. The bright walkout basement opens to a private patio, creating a seamless connection to the outdoors. Enjoy year-round comfort with an energy-efficient design featuring a heat pump, A/C, natural gas on-demand hot water, and a cozy woodstove with exterior pass-through, perfect for those cooler months. A 100’ drilled well producing 10+ GPM provides reliable water for both home and land. The property is truly special, with established gardens, blueberry bushes, herb beds, and a generous 40x40 garden space. A large chicken coop supports a thriving farm egg business, with the current owner selling 500 dozen in March alone. Additional highlights include a cold storage canning room with exterior access, fully serviced RV hookup with 50 amp power, and a wired storage shed for added convenience. This is a rare opportunity to enjoy modern living paired with a self-sufficient, rural lifestyle, all just minutes from town. (id:63159)

Values & Trends

This listing

$550/sqft

Building average

No other active listings in this building

Merville Black Creek average

$900/sqft

29 active listing(s)

Parking: 10 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: Courtenay

Mostly Cloudy

15°C

Mostly Cloudy

Humidity 82%

Wind WNW 5 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
Miracle Beach ElementaryElementary6.0 km
Navigate AcademyElementary6.4 km
Huband Park ElementaryElementary11.1 km
Georges P. Vanier SecondarySecondary12.6 km
Queneesh ElementaryElementary13.3 km
Glacier View Secondary CentreK-1213.8 km
Ecole Puntledge Park ElementaryElementary14.5 km
Ecole Secondaire Mark R Isfeld SecondarySecondary14.9 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: 7.7% ($84,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,200.00
Periodic payment — Principal & Interest (monthly)$5,672.30
Additional monthly expenses (strata, tax, utilities, etc.)$440.75
Total monthly cost$6,113.05
Interest paid over 5-yr term$251,981.25
Balance at end of term$790,843.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,798.07

Cash Needed at Closing

Minimum down payment$84,900
Estimated BC PTT$19,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,380

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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