3337 Egremont Rd

Cumberland · MLS® 1038200

2 bed · 1 bath · 1,427 sq ft · 5,663 sq ft lot · 1 parking

House · Single Family · built 1982 · 130 days on market

Listed by Ken Welte, Sutton Group-West Coast Realty (Nan)

Situated on a quiet street in the quaint and vibrant Village of Cumberland, this property offers a great opportunity for someone with vision and energy to create value and make it their own. Enjoy the charm of small-town living while being close to local amenities, trails, recreation, and an easy commute to Courtenay and surrounding areas. This is a foreclosure sale. Approximately 1,400 sq. ft. log home featuring 2 bedrooms and 1 bathroom. All information should be independently verified by the buyer.

Type: House, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 1,427 sq ft
Lot: 5,663 sq ft
Parking: 1
Year built: 1982
Property tax: $3,390 / yr
Days on market: 130
MLS®: 1038200

The asking price is a long way from the assessment. That usually means the home has changed since the July 1 valuation date (a renovation, a new build, a subdivision), so we don't rate this one.

2026 assessment: $645,000 · asking is -39%
Est. market value: $653,770houses on Vancouver Island sold at a median +1.4% vs assessment this past year (75 sales)
Price per sq ft: $274 vs $522 median for houses in Cumberland for sale (33)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 130 days · no price changes so far

$1,986/mo

Mortgage $1,704 · Tax $283

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,704/ monthly

loan $312,800

25-year amortization

down payment20% · $78,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 6, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $198,265
property transfer tax: $5,820; BC general rate
cash to close: $84,020; down + PTT
total paid: $511,065

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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