- Active
561 & 565 Island Highway
Campbell River · Single Family
- Beds
- 5
- Baths
- 4
- Sqft
- 3,268
- Built
- 1942
Listed by REMAX Ocean Pacific (CR) · MLS® 1022624
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Welcome to ''Graymor Cottage''- a breathtaking waterfront opportunity in Campbell River! This property has two homes, two titles, and are being sold together. You will be in awe of these gorgeous views- watch the eagles feed right in front of your back patio, fisherman casting off the pier, boats and cruise ships enjoying the Discovery Passage. The main house oozes character and Campbell River charm- boasting 3 bedrooms and 3 bathrooms with a couple flex rooms and an office to die for. The one bedroom, one bathroom cottage provides even more gorgeous views and opportunity. Call your Realtor and see this for yourself!
Home facts
- Bedrooms
- 5
- Bathrooms
- 4 full
- Interior
- 3,268 sq ft
- Lot size
- 14,243 sq ft
- Year built
- 1942
- Parking
- 2
- Property type
- Single Family
- Fireplaces
- 2
- Area
- Campbell River Central
- Listed
- January 8, 2026
- Structure
- House
- PID
- 006-067-743
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
- Patio
Features and inclusions
- Heating
- Forced air, Electric
- Cooling
- None
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
- $5,683
- Property tax
- $350/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,183
Purchase snapshot
- List price
- $1,199,000
- Down payment
- $239,800 (20%)
- Estimated mortgage
- $959,200
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
- $7,638
- At 6.3701 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
- 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 · 44%
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.
