Property Type: Land / LotOwnership: Freehold

Lot 60 Busby Island

Sonora Island, BC V0P1W0

$99,000

0 bed0 bath
Get Directions

Property Details

Property & Lot

Lot size
1.62 acres
Zoning
Rural residential

RU-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$267

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1016070
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

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

Description

A peaceful and picturesque location for your off-grid retreat. Busby Island is located across from Quadra Island off the southwest tip of Sonora Island and is part of the popular Owen Bay area. Conveniently located within the Discovery Islands region, this central location has great access to some of the best fishing and wildlife viewing this region has to offer. Owen Bay is a small coastal hamlet with a few full-time residents as well as being a popular vacation area for people looking to relax and enjoy this Discovery Islands region. This 1.62 acre oceanfront property is situated on the protected eastern shore of Busby Island, directly across from Sonora Island. The property is accessed from the internal road on Busby Island. There is public beachfront access to this internal common road in four places. The property is level at the internal road access, with easy access through the forest. It slopes up gradually to a bluff overlooking the oceanfront and the intriguing inside tidal waters of Busby. It then slopes moderately steep down to approx. 219ft of oceanfront, forested right to the ocean’s edge. The waters on this side of the island can go almost dry at very low tides and it is possible to walk to and from the Owen Bay road on Sonora Island. A rough trail on the northern property boundary leads down to the oceanfront. The protected waters there are good for swimming in the summer, warming up nicely in a rocky pool out front of the property and providing an idyllic spot to relax on a sunny day. Zoning permits the building of a primary residence as well as a secondary cabin (up to 80 square metres), providing lots of options for building and using this property. (id:63159)

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.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,200.00
Periodic payment — Principal & Interest (monthly)$510.97
Additional monthly expenses (strata, tax, utilities, etc.)$22.25
Total monthly cost$533.22
Interest paid over 5-yr term$22,698.95
Balance at end of term$71,240.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,950
Stress test qualifying rate8.09%
Payment you must qualify for$723.21

Cash Needed at Closing

Minimum down payment$4,950
Estimated BC PTT$990
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,440

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