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LT44 Narrow View Place
Mudge Island · Vacant Land
Listed by Royal LePage Nanaimo Realty LD · MLS® 1047676
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Sign inAbout this home
A rare opportunity on magical Mudge Island! This private 1.17-acre property has been thoughtfully transformed from a raw forested lot into a beautifully developed island homestead, with much of the hard work already done. Selectively cleared, graded and terraced, the property features rock walls, improved drainage, lawns, extensive perennial gardens, fruit trees, berries and a large deer-fenced vegetable garden overlooking a deep natural pond. An Island Health-approved septic system is installed, with a prepared future homesite and septic connection nearby. Improvements include two 20' shipping containers configured for pantry/storage and workshop use, substantial covered storage, chicken coop and run, woodshed, cedar deck, and a 32' travel trailer connected to septic beneath a protective post-and-beam structure. Surrounded by greenspace and offering exceptional privacy, this unique property must be walked to truly appreciate all that has been created.
Home facts
- Parking
- 2
- Property type
- Vacant Land
- Area
- Mudge Island
- Listed
- August 27, 2026
- PID
- 003-046-117
- Common interest
- Freehold
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
- $1,085
- Property tax
- $67/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,302
Purchase snapshot
- List price
- $229,000
- Down payment
- $45,800 (20%)
- Estimated mortgage
- $183,200
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
For investors
As a rental
- Estimated rent
- $560 a month
- Gross yield
- 2.9%
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 · 51%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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