Property Type: Detached HouseOwnership: Freehold

873 Driftwood Dr

Mudge Island, BC V0V0V0

$588,000

3 bed3 bath2 parking1,974 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
House
Lot size
0.54 acres
Zoning
Unknown

RR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,206

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
BathroomMain level3-Piece
EnsuiteMain level3-Piece
LoftSecond level
Laundry roomMain level9'6
BedroomMain level
BedroomMain level10'3
Primary BedroomMain level
Living roomMain level
PantryMain level12'6
Dining roomMain level11'04 x 10'06
KitchenMain level11'04

Listing Information

MLS®
1032544
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Classic west coast Ranch Style home with 15-18ft vaulted ceilings & loft on a quiet no through country road, available for the first time. Lovingly built by the sellers, this is their dream estate. The property is a sunny .54 acre(half) across from a public waterfront access. The home's added extras include a deluxe kitchen with glass tile backsplash, quality countertops, huge centre island with gas cooktop, double stainless fridge & built in wall oven and dishwasher all bathed in natural light from a skylight which opens. There's a custom built in curio cabinet & a 6x12.5 ft walk in pantry with a wall of cupboards,shelves & freezer, The home has big open rooms, hardwood floors, ceiling fans & is bright & cheery. The primary bedroom has an ensuite with a jetted tub, tile floors, skylight & 8x5 walk in closet. Attic loft bonus hobby room,Pacific Energy woodstove.200amp svc.Exterior hardiplank siding & metal roof, well & septic, & 2 cisterns. Cabin next door is also for sale MLS1004584. (id:63159)

Values & Trends

This listing

$298/sqft

Building average

No other active listings in this building

Mudge Island average

$671/sqft

13 active listing(s)

Parking: 2 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: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Cedar SecondarySecondary6.6 km
Cedar ElementaryElementary6.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.0 km
Gabriola ElementaryElementary7.0 km
North Oyster ElementaryElementary10.5 km
Chase River ElementaryElementary10.5 km
Cinnabar Valley ElementaryElementary11.2 km
Fulford Community ElementaryElementary11.3 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.

Nearby Places

Parks (1)

  • Sea Fern Lane Community Park · 1103 Sea Fern Lane797 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($33,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$470,400.00
Periodic payment — Principal & Interest (monthly)$3,034.86
Additional monthly expenses (strata, tax, utilities, etc.)$282.83
Total monthly cost$3,317.69
Interest paid over 5-yr term$134,817.99
Balance at end of term$423,126.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,261.60

Cash Needed at Closing

Minimum down payment$33,800
Estimated BC PTT$9,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,060

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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