Property Type: Detached HouseOwnership: Freehold

949 ARBUTUS BAY LANE

Bowen Island, BC V0N1G2

$4,250,000

4 bed5 bath8 parking6,562 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
House
Lot size
1.45 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,312.96 (2025)

Interior

Basement
Partial, Unknown, Unknown
Heating
Radiant heat, Propane
Fireplace
Yes (2)

Exterior & Lot

View
View

Parking

Total spaces
8 — covered indicated
Features
Garage, RV

Listing Information

MLS®
R3135646
Listed
June 13, 2026
Time on market
On the market for 79 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

This exceptional 1.45 acre estate represents a unique opportunity in Bowen´s market. One back from waterfront, with manicured gardens that guard the driveway as it welcomes you upon entry and leads you to the main home. This marvel features an exquisite living room with stunning curved beams and a high, vaulted ceiling, as well as four bedrooms, home theatre, covered/heated outdoor dining, a chef´s kitchen, and a spectacular south-facing view across the Salish Sea. An additional 543 sf office/conference room/studio sits above one of the double garages, and a two bedroom, 865 sf guest suite rests above another. Designed to be as self-sufficient as possible - includes generator, irrigation well, and cisterns. Within quick and easy walking distance of Alder Cove - Bowen´s secret sandy beach. (id:63159)

Values & Trends

This listing

$648/sqft

Building average

No other active listings in this building

Bowen Island average

$1,030/sqft

41 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: Gibsons

13°C

Humidity 91%

Wind NNW 6 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.

Nearby Schools

SchoolTypeDistance
Island Pacific School(Independent)Middle4.9 km
Bowen Island Community SchoolElementary5.2 km
Gleneagles ElementaryElementary7.5 km
Eagle Harbour MontessoriElementary8.2 km
Rockridge SecondarySecondary8.6 km
Caulfeild ElementaryElementary8.7 km
Cypress Park PrimaryElementary9.6 km
University Hill ElementaryElementary12.0 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: West Vancouver (SD45)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($850,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,400,000.00
Periodic payment — Principal & Interest (monthly)$21,935.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,520.75
Total monthly cost$23,456.39
Interest paid over 5-yr term$974,449.77
Balance at end of term$3,058,311.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$850,000
Stress test qualifying rate8.09%
Payment you must qualify for$26,144.81

Cash Needed at Closing

Minimum down payment$850,000
Estimated BC PTT$130,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$982,000

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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