- Active
Lot 10 Driftwood Drive
Mudge Island · Vacant Land
Listed by Royal LePage Nanaimo Realty (NanIsHwyN) · MLS® 1034419
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Sign inAbout this home
This exceptional0.61-acre oceanfront building lot offers a rare opportunity to create your dream home or serene cottage retreat in one of the gulf Island most peaceful settings. Perfectly positioned directly across from Gabriola Island, the property enjoys easy beach access, making it effortless to embrace a true waterfront lifestyle. The land is level and ready to build, and features a drilled well, adding both value and convenience. Mudge Island is known for its quiet charm and unspoiled character, while still offering modern essentials including hydro, cable, and high-speed internet. Accessible by private boat or water taxi, it’s just a short trip from Vancouver Island—providing the perfect balance of seclusion and accessibility. This is a rare chance to secure a prime oceanfront parcel in a truly special location.
Home facts
- Parking
- 3
- Property type
- Vacant Land
- Area
- Mudge Island
- Listed
- May 4, 2026
- PID
- 004-097-629
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
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
- $1,303
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,536
Purchase snapshot
- List price
- $274,900
- Down payment
- $54,980 (20%)
- Estimated mortgage
- $219,920
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
For investors
As a rental
- Estimated rent
- $560 a month
- Gross yield
- 2.4%
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.
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 · 54%
Who lives here
Documents
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