- Active
Lot 7 Driftwood Drive
Mudge Island · Vacant Land
- Lot size
- 20,473 ft²
Listed by REMAX Professionals (NA) · MLS® 1026019
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Sign inAbout this home
Mudge Island Waterfront Lot available for the first time in over 40 years! This is one of the most level waterfronts lots available on Mudge Island with just a few steps to the beach! This property is .47 of an acre (20,400 sq ft), rectangular in shape and very level with plenty of building sites! Excellent opportunity to own this boat access only getaway on one of the only small islands that offers hydro, cable and internet! The property is treed and is equipped with a drilled well, outhouse, and small shed for storage. This lot is located on False Narrows and is across from Gabriola Island boat ramp (El Verano) which is a very accessible and an easy crossing. Also located within a 20-minute boat ride from Ladysmith, Cedar, and Nanaimo, which is fantastic for weekend getaways and summer vacationing. The surrounding area offers excellent fishing, crabbing, prawning, wildlife sightseeing and all the exploring you would want to enjoy!
Home facts
- Lot size
- 20,473 sq ft
- Property type
- Vacant Land
- Area
- Mudge Island
- Listed
- February 13, 2026
- PID
- 004-108-400
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
Features and inclusions
- Lot
- Private setting, Other, Rectangular
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
- $1,303
- 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
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
