5018 Spence Rd
Vancouver Island · V9N9S1
$1,349,900
About this residence
Rare walk-on waterfront opportunity offering 60 ft of frontage on a beautiful east-facing shoreline. Set on a gently sloping 0.34-acre lot, this property enjoys stunning views of Baynes Sound looking out to Sandy Island and the Coastal Mountains. With direct beach access, and a beach front deck to take in the most amazing sunrises, you can launch your kayak, swim, or explore the shoreline and take full advantage of the waterfront lifestyle. Built in 1989, this two-level walkout home offers approximately 2700 sqft with a functional layout featuring three bedrooms and three bathrooms. The main level includes hardwood floors, a large partially covered deck, and plenty of windows to take in the ocean views. Much of the home retains its original character and components, presenting a terrific opportunity for someone to update and make it their own. Complete with a double garage, this is a special waterfront property and offers exceptional potential. For more information, please contact Christiaan Horsfall at 250-702-7150. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,708 sq ft
- Lot size
- 14810
- Parking
- 6 spaces
- Fireplace
- 2
- Year built
- 1989
- Annual tax
- $7,100
- MLS®
- 1031394
- Board
- Vancouver Island
- Status
- Active
- Listed
- Apr 9, 2026
- Updated
- Jul 15, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 9'11 x 14'2 |
| Recreation room | Lower level | 11'6 x 17'1 |
| Family room | Lower level | 14'10 x 24'7 |
| Den | Lower level | 12'2 |
| Laundry room | Main level | 5'2 x 11'9 |
| Bathroom | Lower level | 3-Piece |
| Ensuite | Main level | 3-Piece |
| Bathroom | Main level | 3-Piece |
| Bedroom | Lower level | 12'5 x 15'1 |
| Bedroom | Main level | 9'8 x 13'2 |
| Primary Bedroom | Main level | 12'9 x 14'3 |
| Living room | Main level | 14'6 x 15'11 |
| Dining room | Main level | 10'1 x 14'8 |
| Kitchen | Main level | 9'6 x 12'10 |
| Entrance | Main level | 8'9 x 12'10 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
Heating
- Forced air
- Electric
Lot
- Southern exposure
- Other
- Sloping
- Marine Oriented
Views
- Mountain view
- Ocean view
Financing
Estimated monthly payment
$6,313/mo
Loan amount
$1,079,920
Down payment
$269,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9N- 32,956
- Population
- 49
- Median age
- $74,000
- Median income
- $600,000
- Median home value
- 73%
- Home ownership
- 19 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 5018 Spence Rd?
5018 Spence Rd is listed for $1,349,900, in Vancouver Island.
How many bedrooms and bathrooms does 5018 Spence Rd have?
It offers 3 bedrooms and 3 bathrooms.
What type of home is 5018 Spence Rd?
5018 Spence Rd is a Single Family, House, built in 1989.
How large is 5018 Spence Rd?
The home offers approximately 2,708 sq ft of living space on a lot measuring 14810.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,313. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $7,100 per year.
Is there parking?
Yes — 5018 Spence Rd includes 6 parking spaces.
What is the Vancouver Island area like?
Vancouver Island has a population of about 32,956, a median age of 49, a 73% home-ownership rate, with an average commute of about 19 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $74,000.
Similar residences
Comparable House near Vancouver Island at a similar price.
Private viewings
Arrange a private viewing of 5018 Spence Rd.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.