Property Type: Land / LotOwnership: Freehold

3053 Kingsway Ave

Port Alberni, BC V9Y1X7

$599,900

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Property Details

Property & Lot

Lot size
12,378 square feet
Zoning
Unknown

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$7,683.31

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1043935
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Development Opportunity! This 0.28 acre property has already been consolidated & re-zoned to CD5 to allow the 6 storey, 25 unit condo building pictured in the photos (a mix of 1 & 2 bedroom+ condos). Save time, effort & money - a preliminary servicing review, architectural plans, floorplans and renderings are all already completed. Bonus: alley access behind the property. Ideal location just steps to the Harbour Quay, the new Quay to Quay pathway, the up & coming Somass Lands, breweries, restaurants, spas & shopping. Imagine a beautiful new building with water views and a rooftop patio - the Alberni Valley needs new condos - inquire today! (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

8/9 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
Eighth Avenue Learning CentreSecondary894 m
Maquinna ElementaryElementary1.6 km
John Paul II Catholic School(Independent)Elementary1.9 km
Eric J Dunn ElementaryElementary1.9 km
Alberni District SecondarySecondary2.5 km
Wood ElementaryElementary2.5 km
Alberni ElementaryElementary3.0 km
des Grands-cedresElementary3.9 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.

Nearby Places

Restaurants (5+)

  • porto taco · 5304 Argyle Street80 m
  • Spice Hut Indian cuisine · 5328 Argyle Street86 m
  • Unnamed126 m
  • The Broken Bow191 m
  • Brie & Barrel · 5059 Argyle Street214 m

Cafes (5+)

  • Ironworks Cafe & Creperie62 m
  • Wildflower Bakeshop and Cafe · 5047 Argyle Street222 m
  • SteamPunk Café & Coffee House307 m
  • Unnamed325 m
  • The Donut Shop339 m

Grocery (1)

  • Wesco Foods · 2960 3rd Avenue292 m

Parks (3)

  • Central Park317 m
  • Harbour Quay Park325 m
  • Weaver Park622 m

Shopping (1)

  • Flooring Depot · 2936 3rd Avenue299 m

Gyms (2)

  • Alberni Vally Crossfit224 m
  • Pure Fitness · 4926 Argyle Street342 m

Pharmacies (2)

  • Quality Care132 m
  • Argyle Pharmacy · 3054 3rd Avenue253 m

Banks & ATMs (5+)

  • Unnamed254 m
  • TD · 3008 3rd Avenue256 m
  • Unnamed321 m
  • RBC · 2925 3rd Avenue341 m
  • Coastal Community Credit Union · 3009 4th Avenue428 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$640.28
Total monthly cost$3,736.56
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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