Duncan · V0R1N0
$20,802/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Rare turnkey opportunity on Vancouver Island's protected south coast: The Bluenose Marina, a marina and float-home community set on 2.19 acres of waterfront in picturesque Cowichan Bay, with approximately 56 slips, six float homes, and five established commercial tenants in place. This well-improved, income-producing marine asset also delivers a truly unmatched coastal lifestyle, appealing equally to the investor and the owner-operator. Moorage in the bay is scarce, making an offering like this exceptionally hard to replicate, and current moorage tenants are mostly long-term, with few seasonal. The curated commercial mix, the Vine Restaurant, Udder Guys Ice Cream, an art and artisan shop, a boutique, and a dockside kayak tour operation, are successful, established businesses generating steady foot traffic and retail income. The property indicates an approximate 8% cap rate based on the current year's performance and anticipated expenses. The infrastructure is a standout. A solid dock system has been rebuilt in heavy Douglas fir with foam flotation, including approximately 120 feet of concrete dock for larger vessels. Power is 3-phase, 400-amp, distributing up to 50 amps at each slip, and a large-capacity vacuum septic system has been installed. Included assets comprise a service barge with workshop and storage, along with the equipment and supplies on-site. A year-round operating water system was recently installed. Step off the dock and Cowichan Bay is yours: a welcoming village of waterfront restaurants, pubs, and galleries, minutes from Sansom Narrows, the Gulf Islands, and some of the finest cruising waters on the coast. With strong, diversified income and a lifestyle found only here, The Bluenose Marina is a genuinely unique offering. Contact the listing team for the full information package.
Other
Type
Cowichan Bay
Area
Listed
August 5, 2026
Nearby & Commute
55 min
walk to Country Grocer
34 min
bike to nearest SkyTrain station
1h 55m
walk to nearest SkyTrain station
2h 50m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 59%
| Detached | 22 | 59.5% |
| Land | 4 | 10.8% |
| Other | 4 | 10.8% |
| Condo / Apartment | 2 | 5.4% |
| Mobile home | 2 | 5.4% |
| Other | 3 | 8.1% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$20,802
Principal and interest
Calculated estimate
$19,427
Property tax
Calculated estimate
$1,225/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,200,000
Down payment
Calculated estimate
$840,000 (20%)
Estimated mortgage
Calculated estimate
$3,360,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$20,802
/mo
Rate
%
Amortization
Principal and interest
$19,427
Property tax (est.)
$1,225
P&I
Tax
Down payment
$840,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $840,000 down (20%) on $4,200,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
At 6.5924 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
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.
