Property Type: Land / LotOwnership: Freehold

Lot 145 Coho Blvd

Mudge Island, BC

$160,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
2.21 acres
Zoning
Unknown

RR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$754.74

Interior

Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Open

Listing Information

MLS®
1003974
Listed
June 18, 2025
Time on market
On the market for 439 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Treed 2.21 acre lot on Mudge Island. This undeveloped acreage offers great potential for your future full time residence, summertime retreat or holding property. The property offers water view potential from the upper side and slopes up from the road. Electric power is available on the island as well as high speed internet and phone land line. This location is convenient to water access for boating to Gabriola Island, only a quick 5-10 minute boat ride and walking distance to Dodd's Narrows Park. Information on building bylaws available on the Island Trust website. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Cedar SecondarySecondary5.1 km
Gabriola ElementaryElementary5.1 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.2 km
Cedar ElementaryElementary5.8 km
Chase River ElementaryElementary8.6 km
Fulford Community ElementaryElementary9.2 km
Cinnabar Valley ElementaryElementary9.4 km
Bayview ElementaryElementary10.0 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: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$128,000.00
Periodic payment — Principal & Interest (monthly)$825.81
Additional monthly expenses (strata, tax, utilities, etc.)$62.90
Total monthly cost$888.71
Interest paid over 5-yr term$36,685.17
Balance at end of term$115,136.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,168.83

Cash Needed at Closing

Minimum down payment$8,000
Estimated BC PTT$1,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,100

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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