Property Type: Land / LotOwnership: Freehold

4040 Comox Logging Rd

Courtenay, BC V9N9P3

$7,500,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
22.22 acres
Zoning
Rural residential

RU-8

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$34,336.85

Interior

Fireplace
None

Listing Information

MLS®
1024583
Listed
January 29, 2026
Time on market
On the market for 214 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

A rare opportunity to acquire two separately titled parcels offered together as one exceptional land holding in Courtenay - One of Vancouver Island's most sought after and fastest growing regions. This expansive property totals 52.119 acres, comprising 22.22 acres at 4040 Comox Logging Rd and 29.899 acres on the neighbouring lot A, Livingston Rd. Large acreages of this scale are seldom available in such a desirable location. Enjoy convenient access to highways, ferries, city amenities and the ocean, while being surrounded by the regions renowned natural beauty. Zoned RU8 the property offers outstanding flexibility and long term investment or development potential. This is an ideal opportunity for visionary investors and developers seeking to bring their ideas to life in a highly livable and strategically positioned community. Purchase and lease inquiries are both welcome. (id:63159)

Location Insights

Weather

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.

Population

28,420

(2021 Census)

+10.8% since 2016

Density: 876.6/km²

Dwellings: 13,414

Median household income: $72,000

After-tax: $65,500

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom3.9% · 1,105
  • United States of America1.3% · 370
  • Germany1.1% · 300
  • Philippines1% · 290
  • Viet Nam0.6% · 160
  • India0.5% · 130
  • Korea, South0.4% · 110
  • Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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
Royston ElementaryElementary1.6 km
Aspen Park ElementaryElementary3.7 km
Ecole Robb RoadElementary3.7 km
Nala'atsi Alternate ProgramSecondary3.7 km
Courtenay ElementaryElementary3.8 km
École Au coeur de l'îleK-124.3 km
Lake Trail CommunityMiddle4.4 km
Arden ElementaryElementary4.6 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

Parks (1)

  • Unnamed · 4035 Southwalk Drive797 m

Gyms (1)

  • Mocean Yoga · 4021 Haas Road660 m

Nearby places data: © OpenStreetMap contributors.

School district: Comox Valley (SD71)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,500,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,000,000.00
Periodic payment — Principal & Interest (monthly)$38,709.96
Additional monthly expenses (strata, tax, utilities, etc.)$2,861.40
Total monthly cost$41,571.37
Interest paid over 5-yr term$1,719,617.25
Balance at end of term$5,397,019.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,500,000
Stress test qualifying rate8.09%
Payment you must qualify for$46,137.90

Cash Needed at Closing

Minimum down payment$1,500,000
Estimated BC PTT$293,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,794,500

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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