Property Type: Land / LotOwnership: Freehold

DL 704 Bessborough Bay

Kelsey Bay, BC V0P0A5

$1,200,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
160 acres
Zoning
Rural residential

RU-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,067

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
994303
Listed
April 4, 2025
Time on market
On the market for 514 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. This rare 160 acre property is located on the mainland less than a 20 km boat ride from Kelsey Bay (Sayward) on Vancouver Island. The property's oceanfront is a 400m long and fronts the shoreline in Pembridge Cove which is located at the head of Bessborough Bay. The entire property is surrounded by crown land for those looking for a private oasis. The property has a south facing exposure with gentle to moderate terrain. There is a stream located on the southeast quarter of the property appears to be a source of year round fresh water. There are many different potential building sites. Multiple accesses to bring materials and supplies from Forward harbor and Beaver inlet are possible. The tidal bay would also provide access for a landing craft at high tide. The oceanfront is tidal revealing a over 750m long secluded sandy bay ideal for recreational purposes such as kayaking, clam or oyster collecting. The property was professionally timber cruised in 2022 and had a current volume of over 24,700 m3 and will continue to increase. This property is ideal for individuals looking for a generational investment for recreational, rural self-sustaining lifestyle or even a woodlot. The location is ideal for hunting, fishing and seafood harvesting and is relatively quick to access from Vancouver island and other areas throughout the region. (id:63159)

Location Insights

Weather

Nearest station: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 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
Sayward Elem-Jr SecondaryElementary18.8 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: 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.)$88.92
Total monthly cost$6,282.51
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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