Property Type: Condo / ApartmentOwnership: Strata

REFUGE COVE

Remote Areas, BC V0P0P0

$399,000

1 bed1 bath864 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
186 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$1,500

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomAbove
3pc BathroomAbove

Listing Information

MLS®
20138
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Refuge Cove Oceanfront Home & Private Dock - West Redonda Island, Desolation Sound. Unique opportunity to purchase one cooperative share in the Refuge Cove Land and Housing Co-Operative Association, including a designated oceanfront homesite and 1/18 interest in approximately 186 acres. The 864 sq. ft. two-level home offers beautiful views toward Cortes Island and Desolation Sound, cedar siding, metal roof and woodstove. Private protected deep-water dock plus access to the Co-op common dock. Community water and upgraded solar system with lithium battery and inverter. Includes garden area, waterfront deck, storage shed and one-bedroom bunky. Minutes from the Refuge Cove store, fuel dock and restaurant. Call to book your appointment to view today! (id:63159)

Values & Trends

This listing

$462/sqft

Building average

No other active listings in this building

Remote Areas average

No comparable active listings

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Salmon Arm

15°C

Humidity 88%

Wind S 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$168.00
Total monthly cost$2,227.37
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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