Property Type: Detached HouseOwnership: Freehold

9048 Driftwood Dr

Chemainus, BC V0R1K2

$1,044,000

3 bed3 bath3 parking2,355 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
House
Lot size
4,857 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,602.2

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Central air conditioning, None
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
Family roomSecond level12'5 x 15'4
Primary BedroomSecond level12'11 x 14'3
Living roomMain level18'0 x 14'6
Laundry roomSecond level8'8 x 6'10
KitchenMain level12'7 x 15'10
Family roomMain level13'11 x 11'10
EnsuiteSecond level4-Piece
Dining roomMain level11'1 x 13'1
BedroomSecond level10'3 x 10'3
BedroomSecond level10'3 x 10'11
BathroomSecond level4-Piece
BathroomMain level2-Piece

Listing Information

MLS®
1028670
Listed
March 14, 2026
Time on market
On the market for 170 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation (CH) · Data source: CREA DDF.

Description

Situated on a quiet street in one of Chemainus's best areas you will find this astonishing 3 bed 3 bath Ocean and Coast mountain view home. Built in 2019 by PGO Developments, known locally for their quality of build and attention to detail. Chefs kitchen with Island, stainless appliances, quartz countertops and stylish cabinetry. Scraped hickory flooring throughout the open concept Dining/Living room and separate family room with detailed fireplaces, 9' tray ceilings and lots of natural light. Upstairs finds a dream primary bedroom with walk in closet and 4pce ensuite, another 2 beds with a 4pce bath and a great bonus/ media room with built in bar and access to private covered ocean view balcony a real special spot - Garage and 1/2, RV parking, private fully fenced yard with garden shed and only steps to the seashore, shopping, schools and all forms of recreation the area has to offer. One of the nicest homes in the development. If gracious living is your vibe then this is your home. (id:63159)

Values & Trends

This listing

$443/sqft

Building average

No other active listings in this building

VISTA GRANDE ESTATES average

No comparable active listings

Parking: 3 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

14°C

Humidity 86%

Wind NNW calm 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

7

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
Chemainus Elementary Community SchoolElementary286 m
Chemainus SecondaryK-12692 m
Stz'uminus Senior Secondary(Independent)Secondary7.2 km
Thetis Island ElementaryElementary8.2 km
Ladysmith PrimaryElementary9.2 km
Ladysmith SecondarySecondary9.5 km
Ladysmith IntermediateElementary9.6 km
Crofton Elementary Community SchoolElementary10.2 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 (5+)

  • Vista Grande Stairs202 m
  • Cook Park · 10151 Island View Close287 m
  • Daniel Street Park392 m
  • Sunset Drive Park726 m
  • Chemainus Skate Park · 2988 Elliott Street731 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$835,200.00
Periodic payment — Principal & Interest (monthly)$5,388.43
Additional monthly expenses (strata, tax, utilities, etc.)$668.18
Total monthly cost$6,056.61
Interest paid over 5-yr term$239,370.72
Balance at end of term$751,265.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,400
Stress test qualifying rate8.09%
Payment you must qualify for$7,417.44

Cash Needed at Closing

Minimum down payment$79,400
Estimated BC PTT$18,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$99,780

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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