Property Type: Land / LotOwnership: Strata

7643 COVE BEACH ROAD

Halfmoon Bay, BC V7Z1C3

$1,299,000

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Property Details

Property & Lot

Lot size
37,744.72 square feet
Frontage
102 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Annual property tax
$4,457.26 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Listing Information

MLS®
R3158343
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

An exceptional low-bank oceanfront opportunity in the exclusive, gated community of Cove Beach at Sargeant Bay. This southwest-facing lot captures breathtaking views across the bay and offers year-round sunsets just minutes from Sechelt. The property is fully serviced to the lot line with sewer, hydro, and natural gas already in place, and the driveway has been professionally blasted and graded to the primary building site-significantly reducing upfront development costs. Cove Beach is a bare land strata with a communal septic system and secure gated access directly off Redrooffs Road. Surrounded by elegant custom homes currently under construction, this parcel offers excellent separation and privacy, enhanced by natural surroundings and a resident bald eagle nest within the common property-a true West Coast setting. The site is well-suited for a substantial three-level primary residence while still allowing flexibility for a small, tasteful waterfront cabin, preserving character and maximizing long-term value (id:63159)

Location Insights

Weather

Nearest station: Sechelt

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Halfmoon Bay ElementaryElementary2.2 km
West Sechelt ElementaryElementary3.9 km
Kinnikinnick ElementaryElementary5.9 km
Secondaire ChatelechSecondary6.3 km
Chatelech SecondaryElementary6.3 km
du PacifiqueElementary6.6 km
Davis Bay ElementaryElementary10.4 km
Roberts Creek ElementaryElementary16.6 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: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$371.44
Total monthly cost$7,076.00
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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