Property Type: Land / LotOwnership: Freehold

10298 South Dr

Port Alberni, BC V9Y9A9

$339,900

0 bed0 bath4 parking
Get Directions

Property Details

Property & Lot

Lot size
21,344 square feet
Zoning
Residential

RA1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$937.55

Interior

Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Listing Information

MLS®
1029561
Listed
March 24, 2026
Time on market
On the market for 160 days
Data last synced
August 28, 2026

Listing provided by: Loyal Homes Ltd. · Data source: CREA DDF.

Description

Imagine building a home where lake days, quiet mornings, and a slower pace of life feel built into the routine. At Sproat Lake, the real appeal is not just what you can build, but the kind of life it makes possible, and this private, partially cleared 0.49-acre lot is full of that promise. With peek-a-boo lake views possible from a future build and key services already in place, this property offers a strong starting point in one of Vancouver Island’s most loved lake communities - voted BC’s Best Lake. Because this is a building lot, the vision is yours to shape. Whether you’re planning a full-time home or a weekend escape, there’s room here to create something that fits the way you want to live - open, relaxed, and connected to the outdoors. Picture mornings with coffee on the deck, long summer afternoons on the water, and evenings that feel a little slower in the best way. Life at Sproat Lake is what sets this opportunity apart. Known for its natural beauty, recreation, and easy access, it’s a place where lake days can be part of your regular routine, not just a holiday plan. Swimming, boating, and water sports are all close at hand, and with more than 25 kilometres of lake to explore, there’s no shortage of ways to spend your time. Resorts, parks, boat launches, restaurants, hotels, and a marked gas station add convenience to a setting that still feels like a getaway. Think of this as the foundation for a lake life that feels easy to step into. Practical features include a water easement for Sproat Lake, 200 amp electrical service in place, and nearby lake access. If you’ve been looking for a property that offers both flexibility and lifestyle, this is a chance to build something meaningful in a location people come back to year after year. Call to arrange your private viewing. (id:63159)

Location Insights

Weather

15°C

Humidity 86%

Wind S calm km/h

Tonight

11°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

10°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

18,259

(2021 Census)

+3.3% since 2016

Density: 928.7/km²

Dwellings: 8,919

Median household income: $62,800

After-tax: $58,400

Immigrant population: 10%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 430
  • India1% · 190
  • Netherlands0.8% · 150
  • United States of America0.8% · 140
  • Germany0.6% · 115
  • Italy0.5% · 85
  • Mexico0.3% · 60
  • Viet Nam0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Haahuupayak School(Independent)Elementary8.4 km
Tsuma-as ElementaryElementary10.7 km
Alberni ElementaryElementary11.7 km
John Paul II Catholic School(Independent)Elementary12.2 km
des Grands-cedresElementary12.4 km
John Howitt ElementaryElementary12.6 km
Alberni District SecondarySecondary12.6 km
Eighth Avenue Learning CentreSecondary12.9 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: 5.0% ($16,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,920.00
Periodic payment — Principal & Interest (monthly)$1,754.34
Additional monthly expenses (strata, tax, utilities, etc.)$78.13
Total monthly cost$1,832.46
Interest paid over 5-yr term$77,933.05
Balance at end of term$244,592.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,483.03

Cash Needed at Closing

Minimum down payment$16,995
Estimated BC PTT$4,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,293

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.

Request more information