Property Type: Detached HouseOwnership: Freehold

980 Nicholson Rd

Hyde Creek, BC V0N2R0

$900,000

5 bed3 bath6 parking2,526 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
2.22 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,522.06

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Utility roomLower level3'10 x 3'8
Laundry roomMain level3'7 x 7'10
Family roomLower level14'8 x 23'1
BathroomLower level4-Piece
BedroomLower level11'4 x 13'6
KitchenAdditional Accommodation10'11 x 13'11
EnsuiteSecond level4-Piece
Primary BedroomSecond level14'11
BathroomSecond level4-Piece
BedroomSecond level8'11 x 11'6
BedroomSecond level11'6 x 12'1
BedroomSecond level11'3 x 8'9
Living roomMain level18'11
Dining roomMain level11'3 x 10'9
KitchenMain level10'3 x 10'3
Eating areaMain level10'3 x 9'1
PantryMain level3'9 x 4'6
EntranceMain level7'11 x 10'3

Listing Information

MLS®
1025413
Listed
February 21, 2026
Time on market
On the market for 192 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (PH) · Data source: CREA DDF.

Description

Just minutes from Port McNeill, this thoughtfully developed small acreage offers space, privacy & long-term potential. Mostly cleared with a natural wooded backdrop, the property features new fruit trees, a greenhouse & a circular driveway with ample parking for boats & RVs. The main home includes four bedrooms & two refreshed bathrooms, updated flooring, modernized kitchen countertops & striking black-framed vinyl windows that fill the space with natural light. A self-contained one-bedroom suite, currently operating as an Airbnb, provides income potential or comfortable space for extended family. A three-year-old septic system oversized for a future additional dwelling, plus both drilled & shallow wells, add flexibility & peace of mind. Usable land, established plantings & room to grow — all just minutes from town & marina access. (id:63159)

Values & Trends

This listing

$356/sqft

Building average

No other active listings in this building

Hyde Creek/Nimpkish Heights average

$651/sqft

3 active listing(s)

Parking: 6 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: Port Hardy

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 96%

Wind N 2 km/h

Tonight

10°

Tuesday

17°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Sunset ElementaryElementary5.1 km
North Island SecondaryElementary5.7 km
T'lisa̱lagi'lakw School(Independent)Elementary6.5 km
Alert Bay ElementaryElementary6.7 km
A J Elliott ElementaryElementary7.3 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.

School district: Vancouver Island North (SD85)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($65,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$720,000.00
Periodic payment — Principal & Interest (monthly)$4,645.20
Additional monthly expenses (strata, tax, utilities, etc.)$419.51
Total monthly cost$5,064.70
Interest paid over 5-yr term$206,354.07
Balance at end of term$647,642.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$65,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.86

Cash Needed at Closing

Minimum down payment$65,000
Estimated BC PTT$16,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,500

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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