Property Type: Land / LotOwnership: Freehold

LT 3 Redden Rd

Nanoose Bay, BC V9P9H4

$859,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.62 acres
Zoning
Residential

RS1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,814

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1026025
Listed
February 13, 2026
Time on market
On the market for 199 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

DON'T WAIT TO BUY REAL ESTATE... BUY REAL ESTATE AND WAIT. No time commitment to build. Excellent holding property. Breathtaking marina, ocean, and mountain views await you. The scenery is ever-changing, with pleasure boats, cruise ships, and marine life vying for your attention. It doesn’t get better than this! This unique 0.64-acre lot offers unmatched privacy, stretching from Redden Road to Dolphin Drive, with no other homes in between. The trees between the building site and the water are part of the lot, allowing you to tailor the views to your liking once you finalize a building plan. Perfect for a back walk-out design, this wide lot provides stunning views from every room, with main living spaces on the upper level and guest rooms below. Watch your yacht at Schooner Cove from your living room! Build stairs down the back of the lot or take a short walk down Redden to the marina. Plus, Fairwinds golf course and wellness center are just minutes away. (id:63159)

Location Insights

Weather

Nearest station: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

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

30

3/9 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
Nanoose Bay ElementaryElementary4.1 km
Mountain View ElementaryElementary4.8 km
Seaview ElementaryElementary5.8 km
Aspengrove School(Independent)K-127.5 km
McGirr ElementaryElementary9.1 km
Pleasant Valley ElementaryElementary9.3 km
Dover Bay SecondaryElementary9.4 km
Rutherford ElementaryElementary10.2 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

Restaurants (1)

  • Nanoose Bay Cafe Restaurant · 3521 Dolphin Drive122 m

Cafes (1)

  • Nanoose Bay Cafe Coffeeshop · 3521 Dolphin Drive134 m

Parks (5+)

  • Schooner Ridge Community Park · 2227 Foxrun Place273 m
  • Redden Road Community Park · 3383 Redden Road493 m
  • Crows Nest Community Park · 1961 Crowsnest Lane573 m
  • Dolphin Lake Community Park633 m
  • Blueback Drive Community Park653 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$687,920.00
Periodic payment — Principal & Interest (monthly)$4,438.23
Additional monthly expenses (strata, tax, utilities, etc.)$484.50
Total monthly cost$4,922.73
Interest paid over 5-yr term$197,159.85
Balance at end of term$618,786.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,143.34

Cash Needed at Closing

Minimum down payment$60,990
Estimated BC PTT$15,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$77,688

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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