Property Type: Detached HouseOwnership: Freehold

5526 Grandview Rd

Port Alberni, BC V9Y8H5

$2,499,000

6 bed4 bath10 parking3,071 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
10.22 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,113.65

Interior

Heating
Natural gas, Hot Water
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
BedroomLower level11'8 x 11'8
BedroomLower level11'8 x 11'4
EnsuiteLower level2-Piece
BedroomLower level10'10 x 11'6
Living room/Dining roomLower level10'8 x 16'7
KitchenLower level11'3
BathroomMain level4-Piece
BedroomMain level14'7 x 11'10
BedroomMain level18'3 x 12'1
EnsuiteMain level3-Piece
Primary BedroomMain level15'1 x 12'1
Family roomMain level25'3 x 23'9
KitchenMain level12'4 x 14'9
Dining roomMain level14'11 x 13'10
Living roomMain level14'3 x 23'11
EntranceMain level10'3 x 4'2

Listing Information

MLS®
1042261
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty · Data source: CREA DDF.

Description

Rare opportunity to acquire a 10-acre property offering exceptional development potential. Featuring a spacious 6-bedroom, 3.5-bathroom residence, and almost 5000 SQ ft barn, this property provides immediate rental income or comfortable occupancy while development plans are pursued. The level, usable acreage presents an excellent opportunity for subdivision (subject to municipal approvals), making it an attractive investment for developers, builders, and land investors seeking future growth potential. With ample road frontage and abundant space for planning, the property offers flexibility for a range of development concepts. Whether you're looking to capitalize on the property's subdivision potential, hold as a long-term investment, or develop while maintaining an existing residence, this is a rare chance to secure a substantial parcel in a desirable location. Opportunities of this size and potential are increasingly difficult to find. Explore the possibilities and unlock the full value of this exceptional property. Call today for more information!! (id:63159)

Values & Trends

This listing

$814/sqft

Building average

No other active listings in this building

Port Alberni average

$430/sqft

122 active listing(s)

Parking: 10 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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.

Nearby Schools

SchoolTypeDistance
Tsuma-as ElementaryElementary404 m
Alberni ElementaryElementary1.7 km
Haahuupayak School(Independent)Elementary2.0 km
des Grands-cedresElementary2.1 km
John Howitt ElementaryElementary2.3 km
Alberni District SecondarySecondary2.9 km
John Paul II Catholic School(Independent)Elementary2.9 km
Wood ElementaryElementary3.2 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: Pacific Rim (SD70)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$913.47
Total monthly cost$13,811.63
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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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