Property Type: Land / LotOwnership: Freehold

Lot 21/20 WALNUT STREET

Powell River, BC V8A4K6

$399,000

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
irregular

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Features
Open

Listing Information

MLS®
20084
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

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

Description

Excellent Opportunity at the best price offered (2 lots individually or together). Hub of commercial activity makes this development potential optimal with residential building and regrowth happening throughout the neighbourhood. You can deliver a wide variety of services or products in a new footprint of development in conjunction with nearby multiple residential housing units. Motivated Seller. Call listing agent for more details and bring an offer! (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

14°C

Mostly Cloudy

Humidity 100%

Wind NE 3 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

30

3/9 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
Henderson ElementaryElementary1.1 km
Secondaire BrooksSecondary1.4 km
Brooks SecondaryElementary1.4 km
James Thomson ElementaryElementary1.9 km
Edgehill ElementaryElementary4.1 km
Cote-du-SoleilElementary/Middle4.9 km
Assumption School(Independent)Elementary5.3 km
Westview ElementaryElementary6.3 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 (1)

  • Royal Zayka126 m

Parks (2)

  • Townsite Dog park372 m
  • Unnamed447 m

Shopping (1)

  • Townsite Public Market · 5831 Ash Avenue37 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$2,059.37
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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