Property Type: Land / LotOwnership: Freehold

Lot 7 Driftwood Dr

Mudge Island, BC A1A1A1

$274,900

0 bed0 bath
Get Directions

Property Details

Property & Lot

Lot size
20,473 square feet
Zoning
Unknown

RR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,184

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1026019
Listed
February 13, 2026
Time on market
On the market for 199 days
Data last synced
August 28, 2026

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

Description

Mudge Island Waterfront Lot available for the first time in over 40 years! This is one of the most level waterfronts lots available on Mudge Island with just a few steps to the beach! This property is .47 of an acre (20,400 sq ft), rectangular in shape and very level with plenty of building sites! Excellent opportunity to own this boat access only getaway on one of the only small islands that offers hydro, cable and internet! The property is treed and is equipped with a drilled well, outhouse, and small shed for storage. This lot is located on False Narrows and is across from Gabriola Island boat ramp (El Verano) which is a very accessible and an easy crossing. Also located within a 20-minute boat ride from Ladysmith, Cedar, and Nanaimo, which is fantastic for weekend getaways and summer vacationing. The surrounding area offers excellent fishing, crabbing, prawning, wildlife sightseeing and all the exploring you would want to enjoy! (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 SecondarySecondary6.5 km
Gabriola ElementaryElementary6.6 km
Cedar ElementaryElementary6.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.8 km
Chase River ElementaryElementary10.3 km
North Oyster ElementaryElementary10.7 km
Cinnabar Valley ElementaryElementary11.0 km
Fulford Community ElementaryElementary11.0 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.

Nearby Places

Parks (1)

  • El Verano Boat Launch555 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$219,920.00
Periodic payment — Principal & Interest (monthly)$1,418.85
Additional monthly expenses (strata, tax, utilities, etc.)$98.67
Total monthly cost$1,517.52
Interest paid over 5-yr term$63,029.70
Balance at end of term$197,818.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,745
Stress test qualifying rate8.09%
Payment you must qualify for$2,008.19

Cash Needed at Closing

Minimum down payment$13,745
Estimated BC PTT$3,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,743

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