Property Type: Detached HouseOwnership: Freehold

7602 Ships Point Rd

Fanny Bay, BC V0R1W0

$1,989,000

3 bed3 bath5 parking3,692 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Lot size
19,602 square feet
Zoning
Unknown

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,522.38

Interior

Heating
Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
LoftSecond level32'3 x 19'2
Family roomLower level24'9
PantryLower level9'2 x 13'11
Bonus RoomLower level14'10
BathroomLower level9'3
SunroomMain level9'3 x 13'8
Primary BedroomMain level15'1 x 21'4
Living roomMain level19'11 x 18'10
Laundry roomMain level14'9 x 7'7
KitchenMain level15'3 x 10'1
EntranceMain level10'6
Dining roomMain level15'4 x 13'7
BedroomMain level9'3 x 10'7
BedroomMain level17'6 x 10'7
EnsuiteMain level15'2 x 10'4
BathroomMain level12'3

Listing Information

MLS®
1044616
Listed
August 3, 2026
Time on market
On the market for 28 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Some places ask you to slow down. Others remind you why you should. Welcome to 7602 Ships Point Road, a remarkable walk-on waterfront home in the peaceful seaside community of Ships Point, Fanny Bay. Wake to breathtaking views across Baynes Sound to Denman Island as eagles soar overhead and marine life fills the shoreline. Orcas swam past the property just last week. This 3,690 sq. ft. West Coast home offers 3 bedrooms, 3 bathrooms, a loft, den, walkout lower level, and a stunning octagonal sunroom designed to capture the ever-changing ocean views. Vaulted ceilings, a dramatic floor-to-ceiling stone fireplace, radiant in-floor heat, HVAC, and waterfront patios create the perfect coastal retreat. Minutes to Buckley Bay, Courtenay, Comox and the Comox Valley, this exceptional Vancouver Island oceanfront home is more than a place to live...it's a place to belong. (id:63159)

Values & Trends

This listing

$539/sqft

Building average

No other active listings in this building

Union Bay/Fanny Bay average

$570/sqft

20 active listing(s)

Parking: 5 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)Elementary1.7 km
Denman Island Community SchoolElementary3.5 km
Bowser ElementaryElementary10.1 km
Hornby Island ElementaryElementary10.8 km
Royston ElementaryElementary18.7 km
Cumberland Community SchoolElementary/Middle20.9 km
Phil & Jennie Gaglardi Academy(Independent)K-1221.0 km
Ecole Robb RoadElementary21.5 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: 20.0% ($397,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,591,200.00
Periodic payment — Principal & Interest (monthly)$10,265.88
Additional monthly expenses (strata, tax, utilities, etc.)$895.20
Total monthly cost$11,161.08
Interest paid over 5-yr term$456,042.49
Balance at end of term$1,431,289.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$397,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,235.77

Cash Needed at Closing

Minimum down payment$397,800
Estimated BC PTT$37,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$437,080

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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