Comox

Comox sits perfectly positioned where the Comox Valley meets the Strait of Georgia, creating one of Vancouver Island’s most desirable retirement havens. With nearly 32% of residents over 65 and a median age of 52.4 years, this community has figured out something most places haven’t—how to attract people who’ve built real equity over their lifetimes.

The numbers tell the story brokers need to hear. That 65% maximum LTV we offer here reflects solid fundamentals: 66% of housing stock consists of single-detached homes, median household income sits at $83,000, and the population grew 5.5% since 2016. More importantly, Comox attracts the kind of residents who typically own their homes outright or carry minimal debt.

What makes Comox different isn’t just the mild Zone 8a climate that lets residents garden year-round—it’s the economic stability. Healthcare, retail, and public administration drive employment here, creating steady demand that doesn’t swing with commodity prices. The RCAF base adds another layer of economic consistency that many Island communities lack.

For mortgage brokers, Comox represents opportunity in the equity-rich demographic. Retirees here often need bridge financing for property transitions, debt consolidation to optimize cash flow, or equity access for family assistance. The Filberg Festival and year-round golf scene aren’t just lifestyle perks—they signal a community where people choose to stay, supporting property values over time.

The 877 people per square kilometer density strikes that sweet spot between rural isolation and urban congestion. Close enough to Courtenay for services, far enough from Vancouver’s chaos to maintain that Island pace everyone moves here to find.