Property Type: DuplexOwnership: Freehold

251 Frigate Rd

Bamfield, BC V0R1B0

$2,600,000

8 bed6 bath50 parking2,556 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
0.64 acres
Zoning
Residential

R-2

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$2,825.22

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
50

Room Dimensions

RoomLevelDimensions
BathroomMain level
BathroomMain level10' x 4'
BathroomMain level6' x 5'
BathroomLower level
BedroomLower level
BedroomLower level
BedroomLower level
BedroomLower level
KitchenLower level
Living roomLower level
BathroomMain level
BathroomMain level
Laundry roomMain level
BedroomMain level
BedroomMain level
BedroomMain level
BedroomMain level
KitchenMain level
Living roomMain level

Listing Information

MLS®
1034325
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

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

Description

One of a kind properties with a high visibility location in downtown Bamfield. .6 acre with great potential for future development. Located one block from the waterfront at the four way stop in the heart of Bamfield. The current zoning is duplex and has a 2500 square foot updated duplex on the property and changing the zoning to commercial has many possibilities, such as a service station, restaurant, a building with several store fronts ,brew pub, automotive related business and many more. The home has had major renovation with quality material and workmanship,it is currently rented on a daily basis, there is paid parking for approximately 50 plus vehicles with a good revenue .This is a very unique property with alot of potential possibly.The location would make an ideal site for a 30 unit condo development . (id:63159)

Values & Trends

This listing

$1,017/sqft

Building average

No other active listings in this building

Bamfield average

$332/sqft

1 active listing(s)

Parking: 50 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Ucluelet

Mainly Sunny

14°C

Mainly Sunny

Humidity 95%

Wind NNW 8 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Bamfield Community SchoolK-12408 m

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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,080,000.00
Periodic payment — Principal & Interest (monthly)$13,419.45
Additional monthly expenses (strata, tax, utilities, etc.)$363.43
Total monthly cost$13,782.89
Interest paid over 5-yr term$596,133.98
Balance at end of term$1,870,966.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$520,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,994.47

Cash Needed at Closing

Minimum down payment$520,000
Estimated BC PTT$56,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,500

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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