Property Type: Detached HouseOwnership: Leasehold

FB443773 Echo Bay

See Remarks, BC V0P1S0

$299,000

1 bed2 bath2 parking1,150 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Lot size
844 square feet
Zoning
Unknown

C-2RT

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$0

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
LoftSecond level14'0 x 21'0
BathroomMain level7'6 x 7'2
EnsuiteMain level8'9 x 7'0
BedroomMain level
Living roomMain level
KitchenMain level

Listing Information

MLS®
1000841
Listed
May 22, 2025
Time on market
On the market for 466 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Advance Realty · Data source: CREA DDF.

Description

Watch the whales from the deck of this beautiful oceanfront residence overlooking Cramer Passage and across to Baker Island, in the heart of the Broughton Archipelago. Port McNeill is within approximately 25 nautical miles to the south on Vancouver Island. The 1150sqft home sits on a rocky outcrop of the island, surrounded by majestic west coast forest. Access is by boat, with included moorage on the east side of the island at Echo Bay Marina. The region is popular with boaters and kayakers, and this location offers a great launching spot in the bay beside the home to explore the shoreline and further afield. The classic west-coast chalet-style home features vaulted ceilings in the main living space, with a wall of windows looking out at the views and accessing onto the wood deck that spans the front of the home. The wood paneling brings nature inside, adding to the relaxing ambience that the setting creates. The main floor includes the open living space incorporating the living room, dining area and kitchen, one spacious bedroom with ocean views and two 3-piece bathrooms. The corner kitchen has ample cabinetry and an island for additional workspace. Stairs lead from the living room to an open loft currently set up very nicely as the primary bedroom. The home has all the modern touches as it has domestic water and electricity provided as part of the annual lease payment. A propane stove in the living room provides a cozy warmth in addition to the baseboard in-wall heaters. The deck connects to a walkway along the side of the home that then runs to a laundry and workshop/storage building behind the home, housing a full-size washer and dryer as well as a freezer and fridge, all electric. This building has a covered porch with room for a bbq and seating. Ownership is by way of a 99-year lease, with 85 years remaining. The annual lease fee of $6000 includes moorage at Echo Bay Marina on the other side of the island, as well as water, garbage and electricity. (id:63159)

Values & Trends

This listing

$260/sqft

Building average

No other active listings in this building

Small Islands (North Island Area) average

$232/sqft

1 active listing(s)

Parking: 2 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: Campbell River

Shallow Fog

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

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: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$58.00
Total monthly cost$1,601.24
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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