Property Type: Land / LotOwnership: Freehold

580 Glover Rd

Hyde Creek, BC V0N2R0

$495,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
5 acres
Zoning
Unknown

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,888.09

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1033648
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (PH) · Data source: CREA DDF.

Description

Well-priced 5-acre rural lot in Hyde Creek, just outside of Port McNeill offering ocean views and a private, peaceful setting. Previously cleared with natural regrowth underway, giving buyers a head start while still allowing flexibility to shape the land to their vision. Drilled well in place and property has been perc tested for septic (no system installed). Naturally treed along both sides for added privacy. A great opportunity to create your ideal North Island getaway or build site. Aerial imagery has been used for marketing purposes; buyers are encouraged to verify property boundaries and view corridors. Buyers to satisfy themselves with zoning, servicing and development requirements; zoning bylaws available through the Regional District of Mount Waddington. (id:63159)

Location Insights

Weather

Nearest station: Port Hardy

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 96%

Wind N 2 km/h

Tonight

10°

Tuesday

17°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
T'lisa̱lagi'lakw School(Independent)Elementary4.1 km
Alert Bay ElementaryElementary4.8 km
A J Elliott ElementaryElementary5.4 km
Sunset ElementaryElementary6.0 km
North Island SecondaryElementary6.6 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.

School district: Vancouver Island North (SD85)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$396,000.00
Periodic payment — Principal & Interest (monthly)$2,554.86
Additional monthly expenses (strata, tax, utilities, etc.)$157.34
Total monthly cost$2,712.20
Interest paid over 5-yr term$113,494.74
Balance at end of term$356,203.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,616.06

Cash Needed at Closing

Minimum down payment$24,750
Estimated BC PTT$7,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,150

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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