10862 Chemainus Rd
Chemainus, BC V9G2A4
$1,995,000
Property Details
Property & Lot
- Lot size
- 1.17 acres
- Zoning
- Unknown
C-2A - SMALL LOT LOCAL CO
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Strata
- Annual property tax
- $5,844
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1042379
- Listed
- July 6, 2026
- Time on market
- On the market for 56 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Conduct of Sale | Prime Commercial Development Opportunity. Strategically located in Saltair, between Ladysmith and Chemainus, this commercial development site offers outstanding visibility and accessibility within one of Vancouver Island's most strategically located growth corridors. Existing site servicing and flexible commercial zoning (buyer to verify) provide a strong foundation for future development. An exceptional opportunity for developers, investors and owner-users seeking long-term value in a highly visible location. Historical development concepts and marketing materials are available for reference only and do not form part of the current offering. Property is offered pursuant to a Court-Ordered Conduct of Sale and is subject to Supreme Court approval. Purchasers are encouraged to complete their own due diligence respecting zoning, servicing, development potential and all matters material to their intended use. (id:63159)
Location Insights
Weather
Nearest station: Duncan
14°C
—
Humidity 86%
Wind NNW calm km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Chemainus Elementary Community School | Elementary | 3.8 km |
| Stz'uminus Senior Secondary(Independent) | Secondary | 4.2 km |
| Chemainus Secondary | K-12 | 4.4 km |
| Ladysmith Primary | Elementary | 5.5 km |
| Ladysmith Secondary | Secondary | 5.8 km |
| Ladysmith Intermediate | Elementary | 5.9 km |
| Thetis Island Elementary | Elementary | 7.9 km |
| North Oyster Elementary | Elementary | 11.5 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.
Nearby Places
Cafes (1)
- Coffee Shack · 10862 Chemainus Road104 m
Parks (3)
- Clifcoe Extension277 m
- Saltair Centennial Park396 m
- Stocking Creek Park453 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.