Property Type: Land / Lot

LOT 2 SUMMIT AVENUE

Prince Rupert, BC V8J2A2

$799,000

Get Directions

Property Details

Property & Lot

Lot size
1.41 acres

Ownership & Fees

Property type
Land / Lot

Interior

Fireplace
None

Listing Information

MLS®
C8076382
Listed
February 20, 2026
Time on market
On the market for 193 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Coast Mountains (PR) · Data source: CREA DDF.

Description

View Property! Perched above the City with sweeping views to the harbour, this exceptional 1.41-acre (0.571-hectare) parcel sits directly across from the hospital—an unbeatable location. Zoned RM1 for multi-family development, the site supports approximately 24 units, making it ideal for apartments or condominiums. Future residents would appreciate the convenience of the walking distance to the hospital, and downtown. A rare investment opportunity in a prime setting—don’t miss your chance to develop this outstanding property. (id:63159)

Location Insights

Weather

Cloudy

12°C

Cloudy

Humidity 100%

Wind ESE 9 km/h

Tonight

11°

Tuesday

15°

Tuesday night

11°

Wednesday

17°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

12,300

(2021 Census)

+0.7% since 2016

Density: 186.4/km²

Dwellings: 5,747

Median household income: $95,000

After-tax: $83,000

Immigrant population: 13.1%

Top countries of origin (% of total population)

  • Viet Nam2.4% · 295
  • India2.1% · 260
  • Philippines1.7% · 205
  • United Kingdom1% · 125
  • Italy0.8% · 100
  • United States of America0.6% · 75
  • Portugal0.6% · 70
  • South Africa, Republic of0.4% · 55

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

4/9 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
Roosevelt Park ElementaryElementary483 m
Pineridge ElementaryElementary657 m
Annunciation School(Independent)Elementary/Middle815 m
Prince Rupert MiddleMiddle1.1 km
Pacific Coast SchoolSecondary1.2 km
Charles Hays SecondaryElementary2.0 km
Lax Kxeen ElementaryElementary2.2 km
Conrad ElementaryElementary2.8 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.

Nearby Places

Restaurants (3)

  • Galaxy Garden Restaurant635 m
  • P & p Steak & Pasta685 m
  • Unnamed780 m

Grocery (1)

  • Save-On-Foods · 841 3rd Avenue West633 m

Parks (5+)

  • Totem Park88 m
  • McKay Street Park208 m
  • Roosevelt Park491 m
  • Unnamed502 m
  • Moreseby Pond and Walking Trail524 m

Pharmacies (1)

  • Save-On-Foods Pharmacy604 m

Nearby places data: © OpenStreetMap contributors.

School district: Prince Rupert (SD52)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$4,123.90
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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.

Request more information