Property Type: Detached HouseOwnership: Freehold

79 Brown Rd

Thetis Island, BC V0R2Y0

$999,000

3 bed3 bath8 parking2,030 sqftBuilt 1949
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Property Details

Property & Lot

Sub-type
House
Lot size
5.63 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,715

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
EntranceMain level8'11 x 11'2
SunroomMain level23'11 x 14'1
BathroomMain level4-Piece
EnsuiteSecond level4-Piece
Primary BedroomAdditional Accommodation19'4 x 9'2
BedroomSecond level12'7 x 14'8
Laundry roomMain level10'1 x 10'2
KitchenMain level10'1 x 10'2
EnsuiteMain level2-Piece
Primary BedroomMain level12'3 x 16'9
Dining roomMain level11'2 x 11'7
Living roomMain level19'7 x 17'0

Listing Information

MLS®
995478
Listed
April 26, 2025
Time on market
On the market for 492 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Dunc) · Data source: CREA DDF.

Description

5.63 acres of low bank, walk on waterfront, located on ''The Cut'' between Thetis Island and Penelakut Islands. This picturesque waterway provides great southerly facing views in both directions. Islands Trust says potentially subdividable into 2 waterfront lots but Buyers would need to do their own due diligence with all agencies to confirm. Just mins from the marinas, beaches, walking trails, ferry terminal, and school & community center, this property is ideally located. Older home built in 1949 has 3bdrs 2.5 baths is in need of some repairs but would make an ideal cottage or temporary home while you build. The property is level, has a double garage, mature gardens, a good drilled well at 8 gpm, septic has had some recent upgrades. Currently $ 827,000 below BC Assessed value. No Speculation or Vacancy Tax here. (id:63159)

Values & Trends

This listing

$492/sqft

Building average

No other active listings in this building

Thetis Island average

$515/sqft

4 active listing(s)

Parking: 8 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: Duncan

12°C

Humidity 93%

Wind SSW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Thetis Island ElementaryElementary2.5 km
Chemainus SecondaryK-127.6 km
Chemainus Elementary Community SchoolElementary7.8 km
Stz'uminus Senior Secondary(Independent)Secondary7.8 km
Ladysmith PrimaryElementary11.6 km
Ladysmith IntermediateElementary11.6 km
Ladysmith SecondarySecondary11.9 km
Fernwood ElementaryElementary12.6 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: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$744.92
Total monthly cost$5,901.08
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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