Property Type: Land / LotOwnership: Freehold

4981 Race Point Rd

Campbell River, BC V9H1N7

$1,925,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
5.63 acres
Zoning
Rural residential

RU-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1046463
Listed
August 9, 2026
Time on market
On the market for 23 days
Data last synced
August 28, 2026

Listing provided by: Easy List Realty · Data source: CREA DDF.

Description

*** For more information, please click Brochure button. *** At the end of Race Point Road lies Lot 6 — the crown jewel of Race Point Estates. With 479 feet of sweeping ocean frontage, 5.63 acres of land, its own private well, approved septic fields, and underground BC Hydro and Telus services brought to the lot line, this exceptional property offers unmatched seclusion, breathtaking views, and outstanding build potential. (id:63159)

Location Insights

Weather

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind W 3 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

35,519

(2021 Census)

+7.6% since 2016

Density: 246/km²

Dwellings: 16,194

Median household income: $78,000

After-tax: $70,000

Immigrant population: 10.5%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 960
  • United States of America1% · 355
  • Philippines0.9% · 320
  • Germany0.6% · 215
  • South Africa, Republic of0.5% · 165
  • India0.5% · 160
  • Netherlands0.3% · 120
  • Viet Nam0.3% · 105

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Ripple Rock ElementaryElementary10.6 km
Quadra ElementaryElementary11.0 km
Ecole Phoenix MiddleElementary11.6 km
Ecole Des Deux Mondes ElementaryElementary11.7 km
Secondaire CarihiSecondary12.2 km
Carihi SecondaryElementary12.2 km
Cedar ElementaryElementary12.5 km
Campbell River Christian School(Independent)K-1213.4 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: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($385,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,540,000.00
Periodic payment — Principal & Interest (monthly)$9,935.56
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$9,935.56
Interest paid over 5-yr term$441,368.43
Balance at end of term$1,385,234.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$385,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,842.06

Cash Needed at Closing

Minimum down payment$385,000
Estimated BC PTT$36,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$423,000

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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