Property Type: Land / LotOwnership: Freehold

1017 Oliview Dr

Hyde Creek, BC V0N2R0

$420,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
1.94 acres
Zoning
Rural residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,665.1

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1033486
Listed
April 30, 2026
Time on market
On the market for 123 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (PH) · Data source: CREA DDF.

Description

Opportunity awaits in desirable Hyde Creek. This 1.95-acre parcel offers a peaceful setting with a current small ocean view—enhanceable with selective alder removal. Approx. 1 acre is useable, with the balance sloping into a natural ravine for added privacy. Currently set up for off-grid living with a drilled well, outbuildings, and perc testing complete for septic. Hydro is nearby for easy connection. GeoTechnical report available with accepted offer. A great option for those seeking a manageable acreage with future potential in a quiet North Island location. Buyer to verify all information deemed important. Aerial imagery and any illustrated view potential are for general reference only. (id:63159)

Location Insights

Weather

Nearest station: Port Hardy

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 96%

Wind N 2 km/h

Tonight

10°

Tuesday

17°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Sunset ElementaryElementary4.0 km
North Island SecondaryElementary4.5 km
A J Elliott ElementaryElementary4.9 km
T'lisa̱lagi'lakw School(Independent)Elementary5.9 km
Alert Bay ElementaryElementary6.8 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: Vancouver Island North (SD85)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$336,000.00
Periodic payment — Principal & Interest (monthly)$2,167.76
Additional monthly expenses (strata, tax, utilities, etc.)$138.76
Total monthly cost$2,306.52
Interest paid over 5-yr term$96,298.57
Balance at end of term$302,233.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,068.17

Cash Needed at Closing

Minimum down payment$21,000
Estimated BC PTT$6,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,900

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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