Lot 2 Artela Dr
Fanny Bay, BC V0R1W0
$699,000
Property Details
Property & Lot
- Lot size
- 4.95 acres
- Zoning
- Residential
CR-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,810.73
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1026703
- Listed
- February 23, 2026
- Time on market
- On the market for 189 days
- Data last synced
- August 28, 2026
Listing provided by: Fair Realty (Nan) · Data source: CREA DDF.
Description
Located in a quiet, rural area of Fanny Bay, this 4.95 acre lot awaits your ideas to build your dream home. Zoned CR-1, this gently sloping lot offers the opportunity to build two homes, including Bed & Breakfast or Carriage house, plus outbuildings. Community Water Service with standpipe on lot, plus other utilities readily available. This is ideal for extended families to enjoy some elbow room while sharing some common areas for gardens, hobbies, RV and equipment storage. There may be potential for ocean views with a two storey build. Your location is ideal, near Buckley Bay Ferry for some island adventures, 25 minutes to Courtenay, 35 minutes to Comox Airport and about an hour drive to the Nanaimo Ferry Terminal for those Vancouver get aways. Also, golf courses, marina and Mnt Washington Ski Resort close by. (id:63159)
Location Insights
Weather
Nearest station: Comox
16°C
Mostly Cloudy
Humidity 72%
Wind W 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
| School | Type | Distance |
|---|---|---|
| Beachcombers Academy(Independent) | Elementary | 488 m |
| Denman Island Community School | Elementary | 3.8 km |
| Bowser Elementary | Elementary | 11.7 km |
| Hornby Island Elementary | Elementary | 12.8 km |
| Royston Elementary | Elementary | 17.8 km |
| Cumberland Community School | Elementary/Middle | 19.5 km |
| Phil & Jennie Gaglardi Academy(Independent) | K-12 | 20.5 km |
| Ecole Robb Road | Elementary | 20.9 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: Comox Valley (SD71)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.