Property Type: Land / LotOwnership: Freehold

Lot 0 FERNWOOD AVE

Powell River, BC V8A3L8

$750,000

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
1 acres
Frontage
150 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,745

Interior

Fireplace
None

Listing Information

MLS®
19562
Listed
December 30, 2025
Time on market
On the market for 244 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX POWELL RIVER · Data source: CREA DDF.

Description

NEW PRICE - Multi-Family Zoned (RM3) Lot - This one acre cleared and level lot is ready for your ideas and is within walking distance to downtown and shopping. This zoning allows apartment buildings, townhouses or cluster housing. Architectural Drawings for 34 unit apartment building (s) available along with recent appraisals for serious buyers. With the need for more housing in the City of Powell River this could be a great opportunity for the right developer. GST is applicable. Call for further information. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Powell River average

$15/sqft

4 active listing(s)

Parking: Not indicatedStorage 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

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Assumption School(Independent)Elementary910 m
Cote-du-SoleilElementary/Middle1.0 km
Edgehill ElementaryElementary1.4 km
Westview Learning CentreElementary2.0 km
Westview ElementaryElementary2.0 km
Powell River Christian School(Independent)Elementary/Middle3.1 km
Secondaire BrooksSecondary3.4 km
Brooks SecondaryElementary3.4 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.

Nearby Places

Cafes (2)

  • Starbucks460 m
  • Tim Hortons · 4700 Joyce Avenue642 m

Grocery (2)

  • Save-On-Foods426 m
  • FreshCo507 m

Parks (1)

  • Larry Guthro Park454 m

Shopping (3)

  • Unnamed558 m
  • Walmart · 7100 Alberni Street580 m
  • Canadian Tire · 4720 Joyce Avenue732 m

Gyms (1)

  • Anytime Fitness553 m

Banks & ATMs (1)

  • RBC537 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (strata, tax, utilities, etc.)$145.42
Total monthly cost$4,016.41
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

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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