About this home

This 10.18 acres of land includes a 1,633 sq ft 2-bed, 2-bath home, 3-car garage with workshop and cozy guest suite, and additional 1 bed/1bath cabin. The main home features a wood stove, propane range, and a breakfast bar. A gym/craft/multipurpose room adds additional living space on the ground level. Upstairs is the primary bedroom, office, and a bathroom with soaker tub and heated tile floors. French doors open to a deck overlooking the yard, perennial gardens and fruit trees. Additional outdoor spaces include a greenhouse, garden/generator shed, and shaded outdoor living room. The garage is complete with wood stove, skylights, and a bathroom. Above the garage, the 1 bed/1 bath suite is perfect for guests or short-term rental. The cabin has its own driveway and full hookups. A generator provides backup water pressure and power to the house, shop, suite, and cabin. This home offers the potential for a variety of uses, from multi-family living to a quiet retreat or hobby farm.

Property details

2

Beds

2 full

Baths

2,850 ft²

Floor area

2006

Year built

4

Parking

$5,271/yr

Gross tax

Location & structure

Single Family

Type

3

Fireplaces

Cortes Island

Area

Listed

March 16, 2026

Structure

House

PID

018-598-404

Property highlights

Gym

Guest suite

Features & inclusions

Appliances

Washer, Refrigerator, Range - Gas, Dishwasher, Dryer

Heating

Baseboard heaters, Wood

Cooling

None

Lot

Acreage, Private setting, Other, Marine Oriented

Additional details

Common interest

Freehold

Property analysisScored Jun 2

Buyer view7–10 year horizon

Average on carrying cost

$1,349,000 is 30.8% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

Weak value signals, score 36.7 of 100Based on 3 of 9 signals · score likely 0 to 81.5

Area benchmark trend

Lower Mainland composite benchmark price (GVR MLS® HPI), last 12 months

Thin comp setPrice history accruingPartial carrying costRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

2h

walk to Market

1h 22m

bike to Tofino Bus Stop

4h 34m

walk to Tofino Bus Stop

6h 40m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 83%

Documents and due diligence

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Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

Review boundaries, structures, and encroachments.

Request the due-diligence package

Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$6,829

Principal and interest

Calculated estimate

$6,240

Property tax

Listing data

$439/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,349,000

Down payment

Calculated estimate

$269,800 (20%)

Estimated mortgage

Calculated estimate

$1,079,200

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$6,829

/mo

Rate

%

Amortization

Principal and interest

$6,240

Property tax

$439

P&I

Tax

Down payment

$269,800 (20%)

Stress test this mortgage

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $269,800 down (20%) on $1,349,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	10	83.3%
Land	2	16.7%

$5,000 to $9,999	5	2.3%
$15,000 to $19,999	5	2.3%
$20,000 to $24,999	20	9.1%
$25,000 to $29,999	20	9.1%
$30,000 to $34,999	15	6.8%
$35,000 to $39,999	10	4.5%
$40,000 to $44,999	10	4.5%
$45,000 to $49,999	15	6.8%
$50,000 to $59,999	20	9.1%
$60,000 to $69,999	20	9.1%
$70,000 to $79,999	20	9.1%
$80,000 to $89,999	10	4.5%
$90,000 to $99,999	10	4.5%
$100,000 to $124,999	15	6.8%
$125,000 to $149,999	15	6.8%
$150,000 to $199,999	10	4.5%

Detached	10	83.3%
Land	2	16.7%

$5,000 to $9,999	5	2.3%
$15,000 to $19,999	5	2.3%
$20,000 to $24,999	20	9.1%
$25,000 to $29,999	20	9.1%
$30,000 to $34,999	15	6.8%
$35,000 to $39,999	10	4.5%
$40,000 to $44,999	10	4.5%
$45,000 to $49,999	15	6.8%
$50,000 to $59,999	20	9.1%
$60,000 to $69,999	20	9.1%
$70,000 to $79,999	20	9.1%
$80,000 to $89,999	10	4.5%
$90,000 to $99,999	10	4.5%
$100,000 to $124,999	15	6.8%
$125,000 to $149,999	15	6.8%
$150,000 to $199,999	10	4.5%

1590 Carrington Bay Road

1590 Carrington Bay Road

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