Property Type: Land / LotOwnership: Freehold

Lot 1 Coral Pl

French Creek, BC V9P2E1

$1,348,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
11,000 square feet
Zoning
Residential

RM6

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$5,336.97

Interior

Fireplace
None

Exterior & Lot

Waterfront
Waterfront on ocean

Parking

Total spaces
4

Listing Information

MLS®
1042622
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.

Description

Experience true West Coast living with this exceptional waterfront lot, offering breathtaking panoramic ocean views and direct access to the shoreline. Wake up to spectacular sunrises, watch marine wildlife from your own backyard, and enjoy the peaceful sounds of the water every day. This rare offering provides the perfect setting to build your dream home, luxury vacation retreat, or investment property in one of the area's most desirable locations. Spec home and custom build options are available, giving you the opportunity to create a home tailored to your lifestyle and vision. Surrounded by natural beauty while remaining just minutes from local amenities, marinas, gold courses, shopping, and recreation, this is a unique opportunity to own a premier waterfront property. GST not included (id:63159)

Location Insights

Weather

Nearest station: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 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
Oceanside ElementaryElementary814 m
Pass/Woodwinds AlternateSecondary2.9 km
Ecole Secondaire Ballenas SecondarySecondary2.9 km
Arrowview ElementaryElementary3.1 km
Springwood ElementaryElementary4.4 km
Kwalikum SecondarySecondary5.5 km
Errington ElementaryElementary6.6 km
Qualicum Beach ElementaryElementary8.3 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

Restaurants (2)

  • French Creek Bistro · 894 Wembley Road247 m
  • Sam's Sushi Bar · 890 Wembley Road255 m

Parks (4)

  • Lee Road Community Trail58 m
  • Lee Road 1 Community Park198 m
  • Lee Road Community Park · 943 Lee Road West314 m
  • French Creek Community Park · 1257 Lee Road West659 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,078,400.00
Periodic payment — Principal & Interest (monthly)$6,957.47
Additional monthly expenses (strata, tax, utilities, etc.)$444.75
Total monthly cost$7,402.22
Interest paid over 5-yr term$309,072.54
Balance at end of term$970,024.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,521.32

Cash Needed at Closing

Minimum down payment$109,800
Estimated BC PTT$24,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,260

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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