Property Type: Detached HouseOwnership: Freehold

8740 OYSTER RIVER Way

Black Creek, BC V9J1K3

$1,444,000

4 bed3 bath8 parking2,778 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
House
Lot size
1 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,353

Interior

Heating
Heat Pump, Propane
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
BedroomSecond level
LoftSecond level
BathroomSecond level4-Piece
BedroomSecond level
EnsuiteMain level5-Piece
Primary BedroomMain level
BedroomMain level
BathroomMain level4-Piece
Living roomMain level
Utility roomMain level
Laundry roomMain level
KitchenMain level
Dining roomMain level

Listing Information

MLS®
1044078
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (CR) · Data source: CREA DDF.

Description

Imagine waking to birds chirping instead of traffic, gathering fresh fruit from your own backyard, and ending every evening beneath a sky full of stars—you’re home. Welcome to a property where luxury meets the relaxed lifestyle Vancouver Island is famous for. Built in 2019 and still protected by new home warranty, this exceptional 2,778 sq.ft. home sits on a beautifully landscaped, fully fenced one-acre property, offering the perfect blend of modern craftsmanship, privacy and room to grow. Designed to live like a rancher, the spacious primary suite is conveniently located on the main floor, featuring a spa-inspired five-piece ensuite and generous walk-in closet. The heart of the home is an impressive great room with soaring cathedral ceilings, expansive windows, a cozy propane fireplace and elegant double French doors leading to the outdoor living space. The chef-inspired kitchen showcases quartz countertops, premium appliances, an oversized island and a walk-in pantry, making everyday living and entertaining effortless. Upstairs offers two additional bedrooms, a full bathroom and a versatile loft area. With four bedrooms and three bathrooms, there's plenty of space for family and guests. Outside the grounds feature mature landscaping, colourful gardens, fragrant lavender, raised garden beds and an established orchard with pear, apple, cherry, plum and stunning Japanese cherry trees. Two serviced 50-amp RV sites with water provide flexibility for visitors. Located on a paved road, families will appreciate the walking trail beside the property leading directly to Miracle Beach Elementary. Miracle Beach Provincial Park, beautiful sandy beaches and endless outdoor recreation are just minutes away. Rarely does a property combine modern construction, timeless design, privacy & future potential so seamlessly. With room to expand w/carriage home potential (buyer to verify), this is an exceptional opportunity to experience the very best of Vancouver Island living. (id:63159)

Values & Trends

This listing

$520/sqft

Building average

No other active listings in this building

Merville Black Creek average

$901/sqft

29 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: 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 ElementaryElementary260 m
Ocean Grove ElementaryElementary11.0 km
Navigate AcademyElementary11.8 km
Ècole Willow Point ElementaryElementary14.2 km
Georgia Park ElementaryElementary14.5 km
Southgate Middle SchoolElementary15.1 km
Penfield ElementaryElementary15.6 km
Timberline Secondary SchoolElementary16.4 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: 8.3% ($119,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,155,200.00
Periodic payment — Principal & Interest (monthly)$7,452.96
Additional monthly expenses (strata, tax, utilities, etc.)$585.08
Total monthly cost$8,038.04
Interest paid over 5-yr term$331,083.64
Balance at end of term$1,039,106.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$119,400
Stress test qualifying rate8.09%
Payment you must qualify for$10,185.71

Cash Needed at Closing

Minimum down payment$119,400
Estimated BC PTT$26,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$147,780

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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