Property Type: Land / LotOwnership: Freehold

471 Leet Lane

Fanny Bay, BC V0R1W0

$1,799,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
37.23 acres
Zoning
Rural residential

RU-20

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,886.62

Interior

Fireplace
None

Parking

Features
None

Listing Information

MLS®
997218
Listed
May 1, 2025
Time on market
On the market for 487 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX 2000 Realty · Data source: CREA DDF.

Description

Over 37 Acres in Fanny Bay BC - NOT in the ALR! Discover a beautiful and private setting with legal access via Leet Lane. This expansive property offers endless possibilities, with the majority zone RU-20 and a smaller portion on the west side zoned UR. Whether your looking to build, invest, or create a retreat this versatile land is ready for your vision. Conveniently located less than 20 minutes from Courtenay, providing easy access to all amenities and shopping. Located just a short distance from the ocean - fishing and water sports are within a short drive or walk. Lot lines in photo's are approximate. Follow the links for more details - call today to book your private showing! (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
Beachcombers Academy(Independent)Elementary1.1 km
Denman Island Community SchoolElementary4.3 km
Bowser ElementaryElementary10.8 km
Hornby Island ElementaryElementary12.4 km
Royston ElementaryElementary18.7 km
Cumberland Community SchoolElementary/Middle20.4 km
Phil & Jennie Gaglardi Academy(Independent)K-1221.4 km
Ecole Robb RoadElementary21.7 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.

School district: Comox Valley (SD71)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,439,200.00
Periodic payment — Principal & Interest (monthly)$9,285.23
Additional monthly expenses (strata, tax, utilities, etc.)$240.55
Total monthly cost$9,525.78
Interest paid over 5-yr term$412,478.86
Balance at end of term$1,294,565.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,066.94

Cash Needed at Closing

Minimum down payment$359,800
Estimated BC PTT$33,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,280

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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