Property Type: Land / LotOwnership: Freehold

DL 1501 Benson Lake

Port Alice, BC V0N2N0

$1,200,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
20.77 acres
Zoning
Residential

A-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$350

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
1040693
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 28, 2026

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

Description

Escape to your own private piece of North Vancouver Island with this 20.77-acre rural acreage located just south of Benson Lake. Tucked away within an extensive network of forest service roads, the property offers excellent access to the region's many lakes, rivers, and outdoor recreation opportunities. The land features gently to moderately sloping terrain. Much of the acreage is covered in regenerating second-growth forest, while several open areas expose gravel and aggregate surfaces. Originally forming part of the historic Machete Mine claim, the property contains remnants of its past, including excavated areas and existing concrete structures that add character and interest to the site. Located near the Benson River and approximately 24 km from Port Alice, the nearest community with services and paved road access, this property presents a unique opportunity for those seeking privacy, adventure, and a remote North Island getaway surrounded by nature. (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.

Population

739

(2021 Census)

+11.3% since 2016

Density: 105.1/km²

Dwellings: 538

Median household income: $59,200

After-tax: $52,800

Immigrant population: 12.5%

Top countries of origin (% of total population)

  • United Kingdom4.7% · 35
  • China2% · 15
  • United States of America1.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Sea View Elementary SchoolElementary19.1 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$29.17
Total monthly cost$6,222.76
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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