Cobble Hill · V0R1L1
$3,587/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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The final oceanfront view lot in the Arbutus Ridge. This is a truly vanishing opportunity to secure the last remaining building lot within the award-winning Arbutus Ridge 55+ gated community in Cobble Hill, BC. Set along Marine Drive, this rare high-bank waterfront property captures spectacular views across the Salish Sea’s Satellite Channel to Salt Spring Island and the Saanich Inlet and Peninsula. This is an extraordinary setting to build your dream home. The property includes building plans for a 2129 sq. ft. street level main floor with a 2117 sq. ft a finished walk-out basement and a 3 car garage; all thoughtfully designed in collaboration with a respected local builder. The plans embrace the natural slope of the land to maximize views while creating a layout that blends everyday comfort with ideal guest separation. Beyond the lot itself, Arbutus Ridge is renowned for its exceptional lifestyle and amenities. There is an 18-hole golf course and club, indoor tennis courts and the popular Satellite Bar and Grill. The community includes 24-hour gated security, a village center with a seasonal swimming pool, outdoor tennis courts, fitness facilities, woodworking shop, library, games room, art room and other meeting rooms. There are over 40 clubs that enable you to connect, create, perform, play, learn and pursue fitness. This seaside community boasts a marine area that includes ocean side paths, a boat launch, storage for kayaks, boats and recreational vehicles, all providing a rare chance to pair breathtaking ocean views with an unmatched community lifestyle.
0
Beds
Vacant Land
Type
Cobble Hill
Area
Listed
May 8, 2026
Nearby & Commute
1h 21m
walk to Thrifty Foods
1h 12m
bike to nearest SkyTrain station
4h 1m
walk to nearest SkyTrain station
2h 53m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 86%
| Detached | 38 | 86.4% |
| Land | 2 | 4.5% |
| Mobile home | 2 | 4.5% |
| Condo / Apartment | 1 | 2.3% |
| Duplex | 1 | 2.3% |
| $15,000 to $19,999 | 5 | 1.3% |
| $20,000 to $24,999 | 5 | 1.3% |
| $25,000 to $29,999 | 5 | 1.3% |
| $30,000 to $34,999 | 10 | 2.5% |
| $35,000 to $39,999 | 15 | 3.8% |
| $40,000 to $44,999 | 15 | 3.8% |
| $45,000 to $49,999 | 15 | 3.8% |
| $50,000 to $59,999 | 25 | 6.3% |
| $60,000 to $69,999 | 45 | 11.3% |
| $70,000 to $79,999 | 35 | 8.8% |
| $80,000 to $89,999 | 45 | 11.3% |
| $90,000 to $99,999 | 30 | 7.5% |
| $100,000 to $124,999 | 60 | 15.0% |
| $125,000 to $149,999 | 45 | 11.3% |
| $150,000 to $199,999 | 20 | 5.0% |
| $200,000 and over | 25 | 6.3% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,587
Principal and interest
Calculated estimate
$3,237
Property tax
Calculated estimate
$200/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$699,900
Down payment
Calculated estimate
$139,980 (20%)
Estimated mortgage
Calculated estimate
$559,920
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
$3,587
/mo
Rate
%
Amortization
Principal and interest
$3,237
Property tax (est.)
$200
P&I
Tax
Down payment
$139,980 (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 $139,980 down (20%) on $699,900, 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.
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.
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.
