Property Type: Land / LotOwnership: Freehold

Lot 30 View Ridge Rd

Mudge Island, BC V0R1X0

$87,000

0 bed0 bath2 parking
Get Directions

Property Details

Property & Lot

Lot size
0.76 acres
Zoning
Unknown

RR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$575

Interior

Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Open

Listing Information

MLS®
1044422
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 28, 2026

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

Description

WOW! Look at this! .76 acre property for $50,000 below assessed value. Located on Mudge Island, this undeveloped land is the best priced property currently available. The lot is rectangular in shape and slopes gently down off the road. It is 33,143 sq ft, partially treed with brush and mossy undergrowth. The location is only a 5 minute walk to a public well and waterfront access. Sandy beaches at the south end of the island are about a 15 minute walk. This would be a great place to build a summer cabin or full time residence. Boat only access Mudge Island is perfect for the self sufficient adventurer who wants to work remotely from home or to retire away from the noise of the city. Gabriola Island is a short 5 minute boat ride across False Narrows for shopping or ferry access to Nanaimo. Electric power & high speed internet are available on the island. Building supplies, house hold items & vehicles can be barged to Mudge Island from Nanaimo or Gabriola Island. What are you waiting for? (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Cedar SecondarySecondary5.8 km
Gabriola ElementaryElementary5.9 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.0 km
Cedar ElementaryElementary6.3 km
Chase River ElementaryElementary9.6 km
Fulford Community ElementaryElementary10.2 km
Cinnabar Valley ElementaryElementary10.3 km
North Oyster ElementaryElementary10.6 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.

Nearby Places

Parks (1)

  • El Verano Boat Launch757 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,350) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$69,600.00
Periodic payment — Principal & Interest (monthly)$449.04
Additional monthly expenses (strata, tax, utilities, etc.)$47.92
Total monthly cost$496.95
Interest paid over 5-yr term$19,947.56
Balance at end of term$62,605.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,350
Stress test qualifying rate8.09%
Payment you must qualify for$635.55

Cash Needed at Closing

Minimum down payment$4,350
Estimated BC PTT$870
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,720

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.

Request more information