DL363 Read Island
Read Island, BC V0P1W0
$1,500,000
Property Details
Property & Lot
- Lot size
- 152.67 acres
- Zoning
- Other
F-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,899.73
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Listing Information
- MLS®
- 1032426
- Listed
- April 16, 2026
- Time on market
- On the market for 137 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Advance Realty · Data source: CREA DDF.
Description
152 acres on the shores of Read Island in Hoskyn Channel and just outside the entrance of Whiterock Pass. This is a picturesque and protected location with quick, easy access to services and amenities located at Heriot Bay on Quadra Island or the larger centre of Campbell River on Vancouver Island. This location is also minutes away from the BC mainland and majestic inlets such as Toba and Bute. A new dock at Hoskyn Channel Landing on Quadra Island provides close access. Offering approximately 3000ft of ocean frontage, this west and south-west facing property has a number of small bays along its rocky shoreline, providing numerous locations for deep water moorage. At the centre of the shoreline is a private homestead, surrounded by this property which gradually slopes up from the water and then levels off towards the eastern border. A watercourse runs from the upper middle of the property to the water, crossing onto the other property before reaching the ocean. Nicely treed throughout, the property was last logged about 40 years ago. There is a good mix of conifers with some deciduous trees. Some areas are ready for harvesting now, and the seller can provide more information on the harvestable timber for those inquiring. The property is boat access, however there is legal access by way of registered easement from the public road on Read Island through the neighbouring property onto this one for residential use (not to be used for logging trucks). With the size of the property and the large amount of shoreline there is subdivision potential, and it could be divided into a variety of configurations (a number of freehold oceanfront lots, a bareland strata development with common property, two or three larger acreages, etc). Or it could be developed as a stunning oceanfront trophy property. The quick and easy access to Read Island makes subdivision into smaller lots very saleable in the future. (id:63159)
Location Insights
Weather
Nearest station: Campbell River
14°C
Shallow Fog
Humidity 100%
Wind NW 4 km/h
Tonight
13°
Tuesday
20°
Tuesday night
16°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Surge Narrows Elementary | K-12 | 1.0 km |
| Cortes Island School | Elementary | 21.8 km |
| Quadra Elementary | Elementary | 22.8 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: Campbell River (SD72)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.