Property Type: Detached HouseOwnership: Freehold

DL 4055 E DARK COVE JERVIS ROAD

Madeira Park, BC V0N2H4

$2,495,000

2 bed1 bath1,600 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Lot size
136.1 acres
Frontage
4150 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,369.23 (2026)

Interior

Heating
Wood
Fireplace
None

Exterior & Lot

Waterfront
Waterfront

Listing Information

MLS®
R2875472
Listed
April 25, 2024
Time on market
On the market for 858 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Offered for sale by Court Order, this rare 136 acre low bank oceanfront property on the Lower Sunshine Coast is priced competitively with lower density RU2 zoned waterfront acreages. Located only minutes by boat from Egmont, the property features over 4,100 ft of shoreline, protected moorage, a log home, guest cabin, and exceptional privacy. Zoned CD5, the property offers valuable future development potential while also serving as an incredible private recreational retreat or long-term investment holding near Vancouver. (id:63159)

Values & Trends

This listing

$1,559/sqft

Building average

No other active listings in this building

Madeira Park average

$622/sqft

15 active listing(s)

Parking: Not indicatedStorage 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: Sechelt

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.

Nearby Schools

SchoolTypeDistance
Pender Harbour Elem-SecondaryK-1219.5 km
Madeira Park ElementaryElementary22.1 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

No TransLink stops within an ~10-minute walk.

School district: Sunshine Coast (SD46)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,996,000.00
Periodic payment — Principal & Interest (monthly)$12,877.51
Additional monthly expenses (strata, tax, utilities, etc.)$694.10
Total monthly cost$13,571.62
Interest paid over 5-yr term$572,059.34
Balance at end of term$1,795,408.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,348.54

Cash Needed at Closing

Minimum down payment$499,000
Estimated BC PTT$52,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$553,350

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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