Property Type: Land / LotOwnership: Freehold

LT 32 Ruxton Island

Ruxton Island, BC V0V0V0

$248,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
15,682 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$850

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1043980
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

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

Description

Waterfront! RARE low-bank, 0.36 ac, gently sloping waterfront lot. Located in a peaceful, sheltered bay on Ruxton Island with easy access to the beach. This special piece of paradise, nestled within an old growth forest is ready for you to visit & fall in love. Stunning Ocean views. 115 ft wide waterfront frontage. Awaken to bird songs with the sunrise, looking to Valdez, or fantastic sunsets & views of the Decourcey Isl. Group from a point just a short walk down Ridge Road. Road/trail system runs the length of the island. Community water by hand pump near the lot. Pull up your kayak or boat & cook your fresh crab, prawns or fish dinner. Dip your toes in the water watching the moonrise. Potential building site near the center of lot for your cabin build with minimal tree disruption. Sleep under the stars on the newly constructed tent deck. To view, use public access 3 lots away by lot 28. Truly a special ‘legacy’ property. Measurements approximate & marine access only. (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.

Nearby Schools

SchoolTypeDistance
Thetis Island ElementaryElementary9.4 km
Cedar ElementaryElementary10.4 km
North Oyster ElementaryElementary10.6 km
Stz'uminus Senior Secondary(Independent)Secondary11.1 km
Cedar SecondarySecondary11.6 km
Qwam Qwum Stuwixwulh Community SchoolElementary12.3 km
Ladysmith IntermediateElementary12.9 km
Ladysmith PrimaryElementary13.3 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: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,445) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,120.00
Periodic payment — Principal & Interest (monthly)$1,284.65
Additional monthly expenses (strata, tax, utilities, etc.)$70.83
Total monthly cost$1,355.49
Interest paid over 5-yr term$57,068.36
Balance at end of term$179,109.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,445
Stress test qualifying rate8.09%
Payment you must qualify for$1,818.26

Cash Needed at Closing

Minimum down payment$12,445
Estimated BC PTT$2,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,923

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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