Property Type: Land / LotOwnership: Freehold

0 Francis Island

Ucluelet, BC V0R3A0

$1,950,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
12 acres
Zoning
Other

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$9,853.93

Interior

Fireplace
None

Listing Information

MLS®
955496
Listed
March 13, 2024
Time on market
On the market for 901 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty (Uclet) · Data source: CREA DDF.

Description

A rare opportunity to own one of the most beautiful private islands on the West Coast. Imagine owning a stunning 12-acre private island nestled at the mouth of Ucluelet inlet and the entrance to Barkley Sound. Old growth forest with ancient cedar and spruce trees. Situated within the District of Ucluelet this rare piece of real estate is a once in a lifetime opportunity to own a part of the rugged and beautiful west coast that so many visitors to the region only get to experience for fleeting moments. This private island is accessible by boat, making it the perfect place to escape the hustle and bustle of everyday life. The island is home to wildlife, including bald eagles and deer, giving you the chance to witness nature's beauty up close and personal. In summary, Francis Island represents a rare and exclusive opportunity to own a piece of real estate that is unmatched in terms of beauty, exclusivity, and potential. Don't miss your chance to own this piece of paradise. (id:63159)

Location Insights

Weather

Mainly Sunny

12°C

Mainly Sunny

Humidity 99%

Wind WSW 2 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,066

(2021 Census)

+20.3% since 2016

Density: 318.8/km²

Dwellings: 997

Median household income: $83,000

After-tax: $73,500

Immigrant population: 12.1%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America2.2% · 45
  • Viet Nam1.7% · 35
  • Korea, South0.7% · 15
  • India0.7% · 15
  • France0.5% · 10
  • China0.5% · 10
  • Philippines0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Ucluelet ElementaryElementary2.3 km
Ucluelet SecondarySecondary2.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Pacific Rim (SD70)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$821.16
Total monthly cost$10,885.75
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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