Property Type: Land / LotOwnership: Freehold

Lot 130 Ling Cod Lane

Mudge Island, BC V0V0V0

$168,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
0.72 acres
Zoning
Unknown

RR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$738

Interior

Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Open

Listing Information

MLS®
1030442
Listed
March 31, 2026
Time on market
On the market for 153 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Prime South Facing building lot on Mudge Island. This 31,363 (.72 acre) property has great water view potential and is located across from a public access to the waterfront and the approach to a world famous Dodd Narrows. The property slopes upward from Ling Cod Lane and has several plateau areas with a steeper rocky portion at the top of the lot at Halibut Hill. Building High off Halibut Hill would offer the greatest view potential. There are several different locations that would be great building sites. Power and high speed internet are available on the island. This lovely property would be an idyllic location for a full time residence or summer retreat. Don't wait! (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

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

7

1/9 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
Cedar SecondarySecondary4.5 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.6 km
Gabriola ElementaryElementary5.1 km
Cedar ElementaryElementary5.3 km
Chase River ElementaryElementary8.1 km
Fulford Community ElementaryElementary8.8 km
Cinnabar Valley ElementaryElementary8.9 km
Bayview ElementaryElementary9.6 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.

Nearby Places

Parks (2)

  • Dodd Narrows Community Park · 161 Ling Cod Lane498 m
  • Joan Point Park · 1080 Phoenix Way722 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$134,400.00
Periodic payment — Principal & Interest (monthly)$867.10
Additional monthly expenses (strata, tax, utilities, etc.)$61.50
Total monthly cost$928.60
Interest paid over 5-yr term$38,519.43
Balance at end of term$120,893.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,400
Stress test qualifying rate8.09%
Payment you must qualify for$1,227.27

Cash Needed at Closing

Minimum down payment$8,400
Estimated BC PTT$1,680
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,580

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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