Property Type: Land / LotOwnership: FreeholdNEW LISTING

LT44 Narrow View Pl

Mudge Island, BC V0R1X7

$229,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
1.17 acres
Zoning
Residential

RR - Rural Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$598

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1047676
Listed
August 27, 2026
Time on market
On the market for 4 days
Data last synced
August 28, 2026

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

Description

A rare opportunity on magical Mudge Island! This private 1.17-acre property has been thoughtfully transformed from a raw forested lot into a beautifully developed island homestead, with much of the hard work already done. Selectively cleared, graded and terraced, the property features rock walls, improved drainage, lawns, extensive perennial gardens, fruit trees, berries and a large deer-fenced vegetable garden overlooking a deep natural pond. An Island Health-approved septic system is installed, with a prepared future homesite and septic connection nearby. Improvements include two 20' shipping containers configured for pantry/storage and workshop use, substantial covered storage, chicken coop and run, woodshed, cedar deck, and a 32' travel trailer connected to septic beneath a protective post-and-beam structure. Surrounded by greenspace and offering exceptional privacy, this unique property must be walked to truly appreciate all that has been created. (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
Cedar SecondarySecondary5.6 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.8 km
Gabriola ElementaryElementary5.8 km
Cedar ElementaryElementary6.1 km
Chase River ElementaryElementary9.4 km
Fulford Community ElementaryElementary10.0 km
Cinnabar Valley ElementaryElementary10.1 km
North Oyster ElementaryElementary10.5 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% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$49.83
Total monthly cost$1,231.78
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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