Property Type: Detached HouseOwnership: Freehold

885 RIVENDELL DRIVE

Bowen Island, BC V0N1G0

$1,880,000

3 bed3 bath4 parking2,279 sqftBuilt 2025
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
10,495 square feet
Frontage
53 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,028.28 (2025)

Interior

Basement
Finished, Unknown, Unknown
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
4

Listing Information

MLS®
R3079649
Listed
January 14, 2026
Time on market
On the market for 229 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Perched at the very top of Cates Hill, this brand-new two-level home is thoughtfully designed to maximize breathtaking panoramic views of the mountains and ocean. Featuring 3 bedrooms and 3 bathrooms, the intelligently planned layout places all entertaining areas, decks, and bedrooms to take full advantage of the spectacular scenery. The open-concept main floor flows seamlessly from the kitchen and dining area onto a spacious, entertainment-sized deck-perfect for gatherings or quiet evenings enjoying the view. Also offering a large home office also designed to enjoy the views. The lower level offers 3 bedrooms and 2 bathrooms, including a generous primary suite with a spa-like ensuite featuring dual sinks, a large walk-in shower, and a well-sized walk-in closet. Enjoy a very low-maintenance yard-ideal for first-time buyers or those looking to downsize. Additional highlights include a large storage room and parking for 4-5 vehicles. (id:63159)

Values & Trends

This listing

$825/sqft

Building average

No other active listings in this building

Bowen Island average

$1,025/sqft

41 active listing(s)

Parking: 4 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: Gibsons

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

4,256

(2021 Census)

+15.7% since 2016

Density: 84.9/km²

Dwellings: 2,036

Median household income: $111,000

After-tax: $95,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • United Kingdom7.3% · 310
  • United States of America3.8% · 160
  • South Africa, Republic of1.9% · 80
  • Hong Kong0.7% · 30
  • Germany0.6% · 25
  • Mexico0.5% · 20
  • Korea, South0.5% · 20
  • France0.4% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

7/9 categories nearby

Transit

20

3 stop(s) within 800m

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
Bowen Island Community SchoolElementary367 m
Island Pacific School(Independent)Middle511 m
Gleneagles ElementaryElementary5.1 km
Eagle Harbour MontessoriElementary6.8 km
Rockridge SecondarySecondary7.5 km
Caulfeild ElementaryElementary7.9 km
Cypress Park PrimaryElementary8.9 km
West Bay ElementaryElementary11.1 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

StopTypeDistance
Artisan Square (Flag)116 m
(Eastbound Grafton Rd In Artisan Square Area) (Flag)249 m
(Westbound Grafton Rd In Artisan Square Area) (Flag)261 m

Nearby Places

Restaurants (4)

  • Artisan Eats Café & Fine Foods · 539 Artisan Lane147 m
  • Bowen Sushi · 994 Dorman Road530 m
  • Tuscany Restaurant · 451 Bowen Island Trunk Road755 m
  • Barcelona Tapas & Wine Bar · 449 Bowen Island Trunk Road766 m

Cafes (3)

  • The Ruddy Cafe560 m
  • The Village Baker Cafe' · 992 Dorman Road566 m
  • The Snug Cafe · 445 Bowen Island Trunk Road796 m

Grocery (2)

  • The Ruddy on Bowen · 996 Dorman Road555 m
  • Snug Cove General Store · 471 Bowen Island Trunk Road640 m

Parks (2)

  • Unnamed131 m
  • Cates Hill Neighbourhood Park196 m

Gyms (4)

  • The Gym on Bowen · 547 Artisan Lane127 m
  • Unnamed · 592 Artisan Lane137 m
  • Sweat the Technique Studio · 582 Artisan Lane142 m
  • Bowen Island Community Centre Fitness Centre · 580 Bowen Island Trunk Road451 m

Pharmacies (1)

  • Cates Pharmasave · 495 Bowen Island Trunk Road529 m

Banks & ATMs (2)

  • First Credit Union · 106-996 Dorman Road565 m
  • Unnamed618 m

Nearby places data: © OpenStreetMap contributors.

School district: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($376,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,504,000.00
Periodic payment — Principal & Interest (monthly)$9,703.30
Additional monthly expenses (strata, tax, utilities, etc.)$449.69
Total monthly cost$10,152.99
Interest paid over 5-yr term$431,050.72
Balance at end of term$1,352,852.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$376,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,565.23

Cash Needed at Closing

Minimum down payment$376,000
Estimated BC PTT$35,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$413,100

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.

Request more information