Property Type: Detached HouseOwnership: Freehold

7630 Ships Point Rd

Fanny Bay, BC V0R1W0

$925,000

2 bed2 bath4 parking1,248 sqftBuilt 1974
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
16,988 square feet
Zoning
Residential

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,482

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level9'11 x 15'1
BathroomSecond level4'11 x 9'6
Laundry roomMain level13'7 x 8'8
Living roomMain level15'8
Mud roomMain level7'6 x 9'11
KitchenMain level9'4 x 11'0
Dining roomMain level15'6 x 13'11
BedroomMain level10'10 x 10'0
BathroomMain level5'5 x 6'8

Listing Information

MLS®
1038778
Listed
May 31, 2026
Time on market
On the market for 93 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.

Description

Imagine waking up to the gentle melody of the ocean, sip your morning brew on the deck as eagles perform aerial acrobatics above, and if you’re lucky, spot an orca doing laps between Denman Island and your soon-to-be paradise! This waterfront home is wrapped in timber, with generous windows giving it a snug cabin vibe. Majestic trees provide backyard shade, while a wood stove battles winter's chill. Upstairs, find a primary bedroom with a balcony and three-piece bath, while another bedroom and bathroom chill downstairs. Sunlight floods the kitchen and dining area, and the living room spills onto an expansive deck, perfect for entertaining. The backyard? Fully fenced to keep kiddos and fur babies in check, with a cozy woodshed for firewood and an attached garage for all your gear. Tucked away in the sought-after Fanny Bay community, this serene beach life is a quick hop to shores, a 30-minute drive to downtown Courtenay, a 42-minute dash to Mount Washington, and just 12 minutes to the Deep Bay Marina. (id:63159)

Values & Trends

This listing

$741/sqft

Building average

No other active listings in this building

Union Bay/Fanny Bay average

$560/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)Elementary1.8 km
Denman Island Community SchoolElementary3.6 km
Bowser ElementaryElementary10.0 km
Hornby Island ElementaryElementary10.7 km
Royston ElementaryElementary18.8 km
Cumberland Community SchoolElementary/Middle21.0 km
Phil & Jennie Gaglardi Academy(Independent)K-1221.1 km
Ecole Robb RoadElementary21.6 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.)$352.17
Total monthly cost$5,126.40
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.

Request more information