C$950,000

550 Arbutus Ave, Duncan BC, V9L 5X6

Price per sqftC$441.45

Built in1975

Property size2,152 sqft

Property typeResidential

Courtesy of Sotheby's International Realty Canada

Overview

Active

Listed Oct 14, 2026

Updated 4 days ago

An exceptional opportunity to secure 0.88 acres of oceanfront property in beautiful Maple Bay on Vancouver Island. The property features an older two-level log cottage built in 1975, requiring substantial renovation or removal. The value lies primarily in the waterfront land, with the potential to create a spectacular private estate. The steep terrain and site constraints will require significant investment in site preparation, waterfront access and future construction. Priced at $950,000, nearly $500,000 below the 2026 BC Assessment of $1,418,000, the offering reflects the property's condition, redevelopment potential and current market realities. For those with vision, this is a rare opportunity to secure a legacy oceanfront property in a beautiful West Coast setting. **Caution: The property has steep terrain. Exercise extreme care when viewing. The exterior deck is unsafe and must not be accessed.**

Additional information

MLS^® ID: 1052305

Interior Features

Bedrooms: 4
Bathrooms: 2
Fireplace: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.88 Acres

Other Property Details

Taxes: $8,880
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes
Waterfront: Yes

Courtesy of Sotheby's International Realty Canada, Dean Innes

Listing Contact: 250-686-0279

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