Property Type: Land / LotOwnership: Freehold

3250 Gunpowder Trail

Hornby Island, BC V0R1Z0

$499,000

0 bed0 bath3 parking
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Property Details

Property & Lot

Lot size
0.98 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,613.42

Interior

Fireplace
None

Parking

Total spaces
3

Listing Information

MLS®
1036089
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Opportunity on this private and peaceful 0.98 acre lot on Hornby Island! This property offers a rare chance to create your dream island getaway or full-time residence. The front portion of the lot has already been cleared and is ready for building, while the back features a beautiful park like forest setting perfect for relaxing and exploring. Power is already in place with a powered shed featuring 200 amp service and a 30 amp RV plug ready for hookup. A 1000 gallon cistern is also installed. Included on the property are harvested logs ready for milling, giving you the opportunity to incorporate your own materials into a custom build. Located just a short stroll to Grassy Point for stunning sunsets and beach picnics, and only a quick bike ride to the farmers market and Hornby Island Community School. (id:63159)

Location Insights

Weather

Nearest station: Comox

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Hornby Island ElementaryElementary1.5 km
Denman Island Community SchoolElementary10.6 km
Bowser ElementaryElementary11.3 km
Beachcombers Academy(Independent)Elementary12.3 km
Royston ElementaryElementary23.0 km
Phil & Jennie Gaglardi Academy(Independent)K-1223.0 km
Brooklyn ElementaryElementary23.1 km
Highland SecondarySecondary23.8 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.

School district: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$217.79
Total monthly cost$2,793.29
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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