About this home

Sherwood Forest Hilltop Home with Ocean Views Welcome to this exceptional home in the sought-after Sherwood Forest area, ideally positioned at the top of the hill to capture beautiful ocean views and take full advantage of its elevated setting. Offering four-plus bedrooms, this spacious residence provides plenty of room for family living, guests, a home office, or flexible lifestyle needs. One of the property’s most desirable features is its peaceful location backing directly onto the park, creating a wonderful sense of privacy and a natural extension of the outdoor living space. Bring your decorating ideas to make this home your forever home. With its combination of elevation, views, space, and access to nature, this Sherwood Forest property offers a rare opportunity to enjoy a comfortable home in a truly special location with just a 5 minute drive to BC Ferries Terminal A fantastic choice for families and anyone looking for space, privacy, and an elevated coastal lifestyle.

Home facts

Bedrooms: 4
Bathrooms: 3 full
Interior: 3,062 sq ft
Year built: 1980
Parking: 4
Property type: Single Family
Garage: Yes
Fireplaces: 2
Area: Departure Bay
Listed: August 9, 2026
Structure: House
PID: 001-076-400
Common interest: Freehold

Highlights

Ocean view
Mountain view

Features and inclusions

Heating: Baseboard heaters, Electric
Cooling: None
Parking: Garage

Rooms and building

Water
Zoning: Residential

Listed by Royal LePage Nanaimo Realty (NanIsHwyN). Last updated Oct 15, 2026, 8:40 AM.

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: $3,839
Property tax: $233/mo
Home insurance: $150/mo
Estimated monthly total: $4,222

Purchase snapshot

List price: $809,900
Down payment: $161,980 (20%)
Estimated mortgage: $647,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

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

Estimated annual tax: $5,922; At 7.3118 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

For investors

As a rental

Estimated rent: $2,079 a month
Gross yield: 3.1%

Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.

Rent vs mortgage at $2,079

Neighbourhood

Open the map

Walk to Save-On-Foods38 min

Bike to Departure Bay Berth 3 (Foot Access)11 min

Walk to Departure Bay Berth 3 (Foot Access)37 min

Drive to downtown Vancouver2h 30m

Estimated travel times. Map data © OpenStreetMap contributors.

Average temperature: 10.4°C; Daily mean across the year.
Yearly precipitation: 0 mm; On the drier side for BC.
Bright sunshine: 1,940 h; Hours of sun a year, 1981–2010 average.

Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.

Source: Environment and Climate Change Canada, monthly climate summaries

Wildfire interface: Low 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

Detached · 63%

Who lives here

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

Availability is not guaranteed. Review documents with a professional.

About this home