Property Type: Land / LotOwnership: Freehold

275 3rd St

Sointula, BC V0N3E0

$450,000

0 bed0 bath4 parking
Get Directions

Property Details

Property & Lot

Lot size
1.56 acres
Zoning
Residential

R3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,138.73

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1013337
Listed
September 10, 2025
Time on market
On the market for 356 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Advance Realty · Data source: CREA DDF.

Description

Motivated seller! A rare opportunity to invest in one of the North Island's most desirable settings, on Malcolm Island in Sointula. This 1.56 acre parcel offers stunning ocean views and excellent potential for a subdivision. Whether you envision creating multiple lots or designing a private estate, the flexibility here is unmatched. The gently sloping land provides an ideal canvas for your dream home, gardens, or investment project. Services are nearby and the property's location offers both privacy and convenience - just minutes from local shops, school and amenities. With its combination of size, views and development potential, this property is a true gem for builders, investors, or anyone seeking a coastal lifestyle. This coastal lifestyle includes whale watching, great fishing, crabbing, hiking, canoeing, trail hiking and much more, all enjoyed in a safe, friendly community. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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

SchoolTypeDistance
A J Elliott ElementaryElementary594 m
Sunset ElementaryElementary6.6 km
T'lisa̱lagi'lakw School(Independent)Elementary6.8 km
North Island SecondaryElementary6.9 km
Alert Bay ElementaryElementary8.8 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.

Nearby Places

Cafes (1)

  • Coho Joe's · 145 1st Street562 m

Grocery (1)

  • Sointula Co-Op · 175 1st Street480 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver Island North (SD85)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$94.89
Total monthly cost$2,417.49
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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