For Sale88d on market
561 & 565 Island Hwy
Campbell River, BC, V9W2H1 • Central Campell River • Strathcona Regional District
$1,395,000
$427/sqft
Down payment assistance available
5Beds
4Baths
3,268Sqft
0.32 acLot
1942Built
Property DNA
Waterfront Property
Ocean Front
Ocean Views
Ocean
Character Home
Built 1942 · 84 years of history
2 Fireplaces
Wood Burning · Wood Burning Stove
This home is in high demand
Listed 88 days ago · 147 views · 12 saves · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
147 views
People checking out this listing
12 saves
Buyers have saved this home
88 days on market
Established listing
$427/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1942
Welcome to "Graymor Cottage"- a breathtaking waterfront opportunity in Campbell River! This property has two homes, two titles, and are being sold together. You will be in awe of these gorgeous views- watch the eagles feed right in front of your back patio, fisherman casting off the pier, boats and cruise ships enjoying the Discovery Passage. The main house oozes character and Campbell River charm- boasting 3 bedrooms and 3 bathrooms with a couple flex rooms and an office to die for. The one bedroom, one bathroom cottage provides even more gorgeous views and opportunity. Call your Realtor and see this for yourself!
Estimated monthly payment
Based on current rates
$9,098/month
Principal & Interest$7,238
Property Tax$1,395
Insurance$465
Down payment20% ($279,000)
3%50%
Est. 6.75% rate · 30yr fixed · $1,116,000 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1942
HeatingElectric, Forced Air
CoolingNone
Parking2 Open Parking spaces
Lot0.32 Acres
Days on Zillow88 Days
Price/sqftC$427
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionResale
Year built1942
Systems
HeatingElectric, Forced Air
CoolingNone
RoofAsphalt Shingle,Metal
ConstructionFrame Wood
Water / SewerMunicipal
Parking & Outdoor
ParkingDriveway
BasementPartially Finished,Walk-Out Access
Fireplaces2
Lot0.32 Acres
Location & Tax
NeighborhoodCentral Campell River
Annual tax$10,356
Parcel006067743
Features & details
7 categories of property features
Interior Features
Heating
Electric
Forced Air
Cooling
None
Laundry
Inside
Fireplace
Wood Burning
Wood Burning Stove
Exterior Features
Parking
Driveway
Construction
Frame Wood
Views
Ocean
Room details
1 room detailed
Kitchen
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market88
Est. rent$3,748/mo
Price/sqft$427
On marketJan 8, 2026
PostedJan 8, 2026
MLS updatedMar 11, 2026
Tour days6
Views147
Favorites12
Location
Campbell River, BC, V9W2H1
Price history
2 events
DateEventPrice$/sqftSource
Mar 2, 2026Price Change$1,395,000$427VIVA
Jan 8, 2026Listed For Sale$1,495,000$457VIVA
Price Change$1,395,000
Mar 2, 2026•$427/sqft•VIVA
Listed For Sale$1,495,000
Jan 8, 2026•$457/sqft•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Campbell River, BC • Strathcona Regional District
Nearby neighborhoods
CampbelltonCentral Campell RiverDowntownNorth Campbell RiverQuinsam HeightsWillow Point
Nearby cities
Campbell RiverGold RiverSaywardTahsisZeballos
Nearby zip codes
V9HV9W
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Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
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