- Active
Lot 2 Driftwood Drive
Mudge Island · Vacant Land
Listed by REMAX Professionals (NA) · MLS® 965720
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Opportunity Knocks! Here is a picturesque 5 acre parcel nestled between Driftwood Drive and Seafern Lane now available for purchase on Magical Mudge Island. Located near the south end of the island and convenient to the public boat launch at the end of Seafern, this beautiful undeveloped acreage could be yours. Imagine having your full time home located on a sloping meadow and encircled by tall fir and cedar trees, on this boat only access island. Or maybe you want a family cabin for summer vacations. Electric power, high speed internet and cable TV are all available on Mudge Island. Its only a short 5 to 10 minute boat ride across False Narrows to Gabriola Island for shopping or the ferry to Nanaimo. Beautiful white sand beaches are only a short walk from this lovely 5 acre parcel. Don't miss your opportunity, check it out with your realtor today
Home facts
- Parking
- 10
- Property type
- Vacant Land
- Area
- Mudge Island
- Listed
- May 30, 2024
- PID
- 002-258-480
- Common interest
- Freehold
Features and inclusions
- Parking
- Open
- Lot
- Acreage, Private setting, Sloping, Other
Rooms and building
- Water
- Zoning
- Unknown
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
- $1,185
- Property tax
- $75/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,410
Purchase snapshot
- List price
- $250,000
- Down payment
- $50,000 (20%)
- Estimated mortgage
- $200,000
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
- 2.7%
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
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
