Property Type: Detached HouseOwnership: Freehold

Lot 49 Busby Island

See Remarks, BC V0P1W0

$459,000

2 bed1 bath6 parking675 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
1.67 acres
Zoning
Unknown

RU-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$774

Interior

Heating
Wood
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
OtherAdditional Accommodation10' x 5'
BathroomMain level3-Piece
BedroomMain level7'8
Primary BedroomMain level10' x 8'
Living roomMain level12' x 12'
Eating areaMain level8' x 6'
KitchenMain level7'6

Listing Information

MLS®
1029503
Listed
March 27, 2026
Time on market
On the market for 157 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.

Description

This Stunning Oceanfront property is a 1 hour boat ride from Campbell River, it has a fully renovated cabin that sits on 1.6 acres, & has approximately 100' of deep water moorage. It Faces South/West in a protected bay, centrally located in the Okisollo Channel, between Owen Bay on Sonora Island and Hole in the Wall. With beautiful views overlooking the channel towards Quadra Island, this property offers tranquillity, a place to enjoy peace and quiet. With the always moving tidal waters full of marine & wildlife, this is the perfect place to get away, relax and unwind. The Cabin, with an open floor-plan, has a new kitchen, living and dining area, and two sliding glass doors that open onto a covered deck overlooking the ocean. The 120' recently rebuilt cedar standing wharf is 6-7' wide with a 6' wide ramp down to the dock. Access to the cabin is by a new Cedar stairway or 2 minute walk up a dirt road. There's a shared deep well, private septic, solar & propane to cover the essentials. (id:63159)

Values & Trends

This listing

$680/sqft

Building average

No other active listings in this building

Small Islands (Campbell River Area) average

$803/sqft

3 active listing(s)

Parking: 6 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

13°C

Shallow Fog

Humidity 100%

Wind NW 5 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
Surge Narrows ElementaryK-1211.1 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: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,200.00
Periodic payment — Principal & Interest (monthly)$2,369.05
Additional monthly expenses (strata, tax, utilities, etc.)$98.50
Total monthly cost$2,467.55
Interest paid over 5-yr term$105,240.58
Balance at end of term$330,297.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,353.07

Cash Needed at Closing

Minimum down payment$22,950
Estimated BC PTT$7,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,630

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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