Property Type: Detached HouseOwnership: Freehold

7889 HIGHWAY 101

Powell River, BC V8A0R7

$699,900

4 bed3 bath2,952 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
28,314 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,552

Interior

Heating
Baseboard heaters, Baseboard heaters, Baseboard heaters, Electric, Propane, Wood
Fireplace
Yes (2)
Fireplace type
Wood, Conventional, Conventional, Propane

Parking

Features
Garage, Carport, Other

Room Dimensions

RoomLevelDimensions
FoyerBasement
FoyerMain level
Living roomBasement
Living roomMain level
Dining roomMain level
KitchenBasement
KitchenMain level
Primary BedroomBasement
Primary BedroomMain level
3pc BathroomBasement
5pc BathroomMain level
BedroomMain level
BedroomMain level
OfficeMain level
2pc Ensuite bathMain level
OtherBasement
Laundry roomBasement
WorkshopBasement

Listing Information

MLS®
20040
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: 460 REALTY POWELL RIVER · Data source: CREA DDF.

Description

SHOP & SUITE! Beautifully updated 4 bed, 3 bath home on .65 acres with orchard trees, gardens, huge detached workshop with a newly renovated studio suite/mortgage helper. The main living area is completely renovated with new flooring, paint, with modern fixtures and tile. Enjoy high-end appliances including gas stove, fridge, dishwasher, washer & dryer. The upstairs living room hosts a new gas fireplace, while the rec room downstairs has a cozy wood stove. Outside enjoy established fruit trees (apple, pear, plum, fig, walnut, hazelnut), a greenhouse, permanent garden shed, barn-style shop, smaller shop with woodstove, and enclosed bird/chicken/catio structure. With 2800 sq ft of living space, a large deck for entertaining, a side entrance to a large office space perfect for home based business there is a lot of versatility in this property. Close to Pebble Beach and a short drive to many more. qRD South rural lifestyle but only 7 min to downtown Powell River. (id:63159)

Values & Trends

This listing

$237/sqft

Building average

No other active listings in this building

Powell River average

$438/sqft

129 active listing(s)

Parking: Not indicatedStorage 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

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Powell River Christian School(Independent)Elementary/Middle3.2 km
Westview Learning CentreElementary3.5 km
Westview ElementaryElementary3.6 km
Assumption School(Independent)Elementary4.5 km
Cote-du-SoleilElementary/Middle4.9 km
Edgehill ElementaryElementary6.2 km
Texada ElementaryElementary6.9 km
Kelly Creek Community SchoolElementary7.9 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: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$360.67
Total monthly cost$3,973.08
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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