Property Type: Land / LotOwnership: Freehold

East Rd

Denman Island, BC V0R1T0

$699,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
4.14 acres
Zoning
Unknown

R2

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,474

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean
Lot features
Acreage, Private setting, Wooded area, Irregular lot size, Rocky, See remarks, Other, Pie

Building

Parcel ID (PID)
009-706-411

Parking

Total spaces
4 — uncovered indicated
Features
Open

Listing Information

MLS®
1032186
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 31, 2026

Listing provided by: REMAX Ocean Pacific (Crtny) · Data source: CREA DDF.

Description

4.14 acres of semi-oceanfront property has been in the same family since 1963, when a young couple arrived on Denman Island with little more than a tent and a feeling they’d found something worth holding onto. Three generations have spent long summer evenings here watching river otters work the shoreline, launching handmade sailboats, fishing from a small boat, and marking the return of the herring each spring. The land has hosted reunions, milestones, quiet mornings, and the kind of traditions that only accumulate over sixty years of showing up. The property is lightly used and largely intact. East Road runs between the parcel and the water, but the views are unobstructed — 790 feet of exposure across Lambert Channel toward Hornby Island. Old forest, two seasonal creeks, and several natural building sites, with power at the road. A washed-out trail once led to a truly magical spot at the water’s edge; the path is there to reclaim and the private access is yours to own. Zoned R2. The possibilities are yours to imagine. Foreign buyer ban exempt. Buyer to verify all zoning and development requirements with the Islands Trust. (id:63159)

Location Insights

Weather

Nearest station: Comox

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 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

SchoolTypeDistance
Denman Island Community SchoolElementary4.6 km
Beachcombers Academy(Independent)Elementary6.0 km
Hornby Island ElementaryElementary6.6 km
Bowser ElementaryElementary10.1 km
Royston ElementaryElementary19.1 km
Phil & Jennie Gaglardi Academy(Independent)K-1220.3 km
Brooklyn ElementaryElementary20.7 km
Ecole Robb RoadElementary21.1 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: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$289.50
Total monthly cost$3,897.27
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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