- Active
#117 – 485 Island Highway
View Royal · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,225
- Built
- 1983
Listed by Loyal Homes Ltd. · MLS® 1049405
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Sign inAbout this home
Wake up to a view that changes with the light: this tranquil waterfront condo offers 1,225 square feet of living space, built in an era when floor plans were designed generously rather than squeezed to a minimum, with an ever-changing waterfront view. Step inside to an expansive living and dining space, one open, sun-filled room anchored by sliding doors to a south-facing covered balcony. Whether it's morning coffee or an evening glass of wine, there's always a shaded spot to settle in and take in the water. The kitchen offers ample storage, keeping everyday life easy and organized. The primary bedroom shares that same water view and its own access to the balcony, with a walk-through closet leading to a 4-piece ensuite. A second generously sized bedroom, a 3-piece bathroom, and an in-suite laundry room round out the main level, with two included parking stalls for effortless day-to-day living. Step outside and the Parsons Bridge Trail is right at your doorstep, ideal for a morning walk along the water. Thetis Lake is just two minutes away, Highland Pacific Golf Course a six-minute drive, and the Juan de Fuca Recreation Centre four minutes down the road. Easy highway access keeps the rest of the island within reach, and the well-known Six Mile Pub sits right across the street for an easy night out. Back home, residents enjoy an outdoor heated pool and indoor sauna, along with bike and kayak storage. The building is fully accessible for mobility devices, and this 18+ strata welcomes both pets and rentals, offering flexibility for however you choose to live here. This is waterfront living distilled to its essentials: the view, the quiet, and the space to enjoy both. Picture your mornings looking out over the lagoon and your evenings on the balcony as the light fades over Cole Island. Reach out any time to arrange your private viewing.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,225 sq ft
- Lot size
- 1,225 sq ft
- Year built
- 1983
- Parking
- 2
- Property type
- Single Family
- Area
- Six Mile
- Style
- Westcoast
- Listed
- September 11, 2026
- Structure
- Apartment
- PID
- 000-239-453
- Common interest
- Condo/Strata
Highlights
- Ocean view
- Waterfront
- Balcony
- Pool
- In-suite laundry
- Sauna
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Range, Dryer, Oven - Built-In
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Other
- Lot
- Level lot, Private setting, Southern exposure, Other, Gated community
- Community
- Pets Allowed With Restrictions, Age Restrictions
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,820
- Property tax
- $175/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,145
Purchase snapshot
- List price
- $595,000
- Down payment
- $119,000 (20%)
- Estimated mortgage
- $476,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,539
- At 4.2677 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.