Property Type: Land / LotOwnership: Freehold

Lot 27 Walter Rd

Comox, BC V9M3V7

$799,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
0.51 acres
Zoning
Residential

R-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,665

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1046968
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

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

Description

Just 1 block from the ocean, this stunning ½-acre treed lot in the desirable Cape Lazo Comox Peninsula offers privacy, natural beauty & the perfect setting to build your dream home. Tucked away at the end of a quiet dead end road sits one of the last available lots in this area, this southeast-facing property offers views of the Strait of Georgia & Coastal Mountain Range, surrounded by mature trees & fresh ocean air. The generous lot size and R-1 zoning allow for a full-sized home plus a carriage house, ideal for extended family, guests, or rental income. Enjoy being just minutes from sandy beaches boat launches trails & endless outdoor recreation, while only 10 minutes from downtown Comox, the airport, all levels of school, community centre & everyday amenities. This rare opportunity to create your own private coastal retreat in one of the Comox Valley’s most desirable locations. Build the home you’ve always envisioned & enjoy the peaceful West Coast lifestyle right at your doorstep (id:63159)

Location Insights

Weather

Mostly Cloudy

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.

Population

14,806

(2021 Census)

+5.5% since 2016

Density: 877.7/km²

Dwellings: 6,672

Median household income: $83,000

After-tax: $74,500

Immigrant population: 12.3%

Top countries of origin (% of total population)

  • United Kingdom4.8% · 710
  • United States of America1.2% · 175
  • Germany0.8% · 120
  • Philippines0.5% · 75
  • Viet Nam0.3% · 45
  • France0.3% · 40
  • Netherlands0.3% · 40
  • Italy0.1% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Brooklyn ElementaryElementary1.7 km
Phil & Jennie Gaglardi Academy(Independent)K-122.1 km
Highland SecondarySecondary2.4 km
École Au coeur de l'îleK-123.3 km
Ecole Robb RoadElementary3.5 km
Airport ElementaryElementary3.7 km
Aspen Park ElementaryElementary4.5 km
Valley View ElementaryElementary5.7 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)

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.)$222.08
Total monthly cost$4,345.98
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.

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