Property Type: Land / LotOwnership: Freehold

3185 1st Ave

Port Alberni, BC V9Y4C1

$299,900

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
8,250 square feet
Zoning
Commercial

C3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,646.2

Interior

Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
1028444
Listed
March 11, 2026
Time on market
On the market for 173 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island North · Data source: CREA DDF.

Description

Introducing a prime piece of land ready for development in the heart of Port Alberni! This rectangular parcel of land measures 8,250 square meters and is located in a highly desirable area known for its vibrant community and excellent amenities. The land is currently undeveloped and offers a blank canvas for developers to bring their visions to life. (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

74

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 CentreSecondary853 m
Maquinna ElementaryElementary1.6 km
John Paul II Catholic School(Independent)Elementary1.6 km
Eric J Dunn ElementaryElementary1.8 km
Alberni District SecondarySecondary2.3 km
Wood ElementaryElementary2.3 km
Alberni ElementaryElementary2.8 km
des Grands-cedresElementary3.7 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+)

  • Unnamed148 m
  • Brie & Barrel · 5059 Argyle Street149 m
  • Beijing Grand Restaurant · 3274 3rd Avenue202 m
  • porto taco · 5304 Argyle Street204 m
  • Spice Hut Indian cuisine · 5328 Argyle Street212 m

Cafes (5+)

  • Wildflower Bakeshop and Cafe · 5047 Argyle Street155 m
  • Ironworks Cafe & Creperie166 m
  • SteamPunk Café & Coffee House315 m
  • Unnamed406 m
  • The Donut Shop414 m

Grocery (1)

  • Wesco Foods · 2960 3rd Avenue381 m

Parks (5+)

  • Central Park340 m
  • Harbour Quay Park444 m
  • Gyro Park703 m
  • Dry Creek Park723 m
  • Weaver Park756 m

Shopping (1)

  • Flooring Depot · 2936 3rd Avenue401 m

Gyms (2)

  • Alberni Vally Crossfit193 m
  • Pure Fitness · 4926 Argyle Street292 m

Pharmacies (2)

  • Quality Care112 m
  • Argyle Pharmacy · 3054 3rd Avenue248 m

Banks & ATMs (5+)

  • TD · 3008 3rd Avenue306 m
  • Unnamed383 m
  • Unnamed390 m
  • RBC · 2925 3rd Avenue406 m
  • Coastal Community Credit Union · 3009 4th Avenue417 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,920.00
Periodic payment — Principal & Interest (monthly)$1,547.88
Additional monthly expenses (strata, tax, utilities, etc.)$387.18
Total monthly cost$1,935.07
Interest paid over 5-yr term$68,761.76
Balance at end of term$215,808.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,190.82

Cash Needed at Closing

Minimum down payment$14,995
Estimated BC PTT$3,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,493

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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