Property Type: Detached HouseOwnership: Freehold

8712 Island Hwy N

Black Creek, BC V0R1C0

$1,365,000

4 bed1 bath10 parking2,332 sqftBuilt 1938
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Property Details

Property & Lot

Sub-type
House
Lot size
9.33 acres
Zoning
Other

CR1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,830.12

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
OtherLower level11'7 x 9'3
StorageLower level11'7 x 9'3
BedroomLower level13'6
Family roomLower level11'7 x 11'6
Primary BedroomMain level14'2 x 15'6
BedroomMain level12'1 x 8'6
BedroomMain level11'7 x 8'6
BathroomMain level2-Piece
Great roomMain level13'7 x 16'4
KitchenMain level9'4 x 13'6
Living roomMain level15'4 x 12'10
EntranceMain level11'10 x 13'4

Listing Information

MLS®
1042269
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

Listing provided by: REMAX Ocean Pacific (CR) · Data source: CREA DDF.

Description

An outstanding opportunity to secure 9.22 level acres at the prominent corner of Highway 19A and Miracle Beach Drive. Ideally situated between Courtenay/Comox and Campbell River, this high-exposure property is located in one of the fastest-growing areas of the Comox Valley Regional District. Just minutes from Miracle Beach, Saratoga Beach, Oyster River, Saratoga Golf Club, the Marina, Mount Washington, and the Inland Island Highway, the location is perfectly positioned to benefit from increasing tourism and residential growth. With over 9 acres of usable, level land, this rare offering provides exceptional space, privacy, and flexibility for a wide range of future possibilities. Whether you're looking for a long-term investment, room to expand, or simply the opportunity to own a substantial parcel in a prime location, properties of this size and prominence are becoming increasingly difficult to find. (id:63159)

Values & Trends

This listing

$585/sqft

Building average

No other active listings in this building

Merville Black Creek average

$899/sqft

29 active listing(s)

Parking: 10 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: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 9 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
Miracle Beach ElementaryElementary1.0 km
Ocean Grove ElementaryElementary10.7 km
Navigate AcademyElementary12.2 km
Ècole Willow Point ElementaryElementary13.9 km
Georgia Park ElementaryElementary14.1 km
Southgate Middle SchoolElementary14.7 km
Penfield ElementaryElementary15.3 km
Timberline Secondary SchoolElementary16.0 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: 8.2% ($111,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,092,000.00
Periodic payment — Principal & Interest (monthly)$7,045.21
Additional monthly expenses (strata, tax, utilities, etc.)$436.18
Total monthly cost$7,481.39
Interest paid over 5-yr term$312,970.34
Balance at end of term$982,257.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$111,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,638.98

Cash Needed at Closing

Minimum down payment$111,500
Estimated BC PTT$25,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$138,300

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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