Property Type: Land / LotOwnership: Freehold

DL1833 Cracroft Island

West Cracroft Island, BC V0N3J0

$1,250,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
180 acres
Zoning
Rural residential

A-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,256

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1022933
Listed
January 22, 2026
Time on market
On the market for 222 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island North · Data source: CREA DDF.

Description

Rare 180-acre oceanfront property on West Cracroft Island with approximately 3,000 ft of varied shoreline along Baronet Passage, including bays and peninsulas. A creek flows through the property into a large estuary, offering an important ecological feature and potential freshwater source. Elevations range from approx. 50–500 ft, providing diverse terrain, sunset views, and deep-water access. Logged over 20 years ago, the land has naturally regenerated with a mix of young forest and mature stands. An existing road network may be reactivated. Located in a pristine coastal area known for world-class fishing, abundant wildlife, and exceptional outdoor recreation. A rare opportunity to acquire a significant oceanfront holding in a remote and spectacular natural setting. (id:63159)

Location Insights

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Vancouver Island North (SD85)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$188.00
Total monthly cost$6,639.66
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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