877 Hutchinson Rd
$989,000
Cobble Hill
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About this home
Welcome to an incredible opportunity in Cobble Hill! Set on a completely flat and usable 1-acre property, this versatile home offers space, flexibility, income potential, and endless possibilities. The home underwent an extensive renovation in 2012 when it was moved to the property and placed on a brand-new foundation with a newly constructed lower level. The home features newer windows throughout, efficient ductless heat pumps providing heating and cooling on both levels, and comfortable in-floor radiant heating downstairs. A legal 2-bedroom, 2-bathroom suite currently generates $2,000 per month, providing excellent mortgage assistance or an ideal option for extended family. Outside, the level and usable acre is a blank canvas with plenty of room for gardening, homesteading, kids and pets, recreational toys, or building the dream shop you've always wanted. A new septic system was installed in 2016, while a recently installed gas meter provides added options for efficient heating, cooking, BBQing, and future improvements. With a rare combination of usable land, substantial updates, income potential, and room to make it your own, this Cobble Hill property is ready for its next chapter and priced to sell! (id:65179)
Property details
From the listing's public record.
Lot size
0.99 acres
Year built
2012
Taxes
$5,050/yr
Strata / HOA
$0/month
Zoning
Residential
Heating
Cooling
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 7, 2026
Listed $989,000
Active23 days on marketMLS 1044561Mar 31, 2017
$500,000
Sold6 days on marketMLS 751828
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Cobble Hill
Active (same type)
15
Pending
0
All active listings
41
Months of supply
—
Assessment
From publicly available property records.
Assessed value
$954,000
Recent nearby sales
1 sale6-2046 Widows Walk
$740,000
1 bd · 1 ba · 742 sqft · $997/sqft · 12 days on market
Sold Jun 15, 2026 · 98.7% of list
What would this home cost?
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Estimate
Monthly mortgage
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Loan amount
$989,000 − $197,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$217,080
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by RE/MAX Camosun