Property Type: Land / LotOwnership: Freehold

Lot 3 MARINE AVE

Powell River, BC V8A4K6

$199,000

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
5,662 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,104

Interior

Fireplace
None

Listing Information

MLS®
20080
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

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

Description

Fantastic Commercial Building lot. (Also for sale, 3 lots #20077) in an Excellent location amidst all kinds of development and building activity to compliment. Commercial Real Estate Managers note the proximity to the former Mill site and right across the road from new housing under construction. Lowest price for these lots in a prime location at the Corner of Marine and Arbutus. Excellent opportunity for Essential business like Pharmacy, Grocery and more. Message listing agent for more detailed lot plan. (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

48

7/9 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
Cote-du-SoleilElementary/Middle763 m
Assumption School(Independent)Elementary1.2 km
Edgehill ElementaryElementary2.0 km
Westview ElementaryElementary2.2 km
Westview Learning CentreElementary2.2 km
Secondaire BrooksSecondary2.7 km
Brooks SecondaryElementary2.7 km
Henderson ElementaryElementary3.0 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 (5+)

  • Costa del Sol · 4578 Marine Avenue30 m
  • Monks on Marine · 4603 Marine Avenue68 m
  • Coastal Cookery · 4553 Marine Avenue99 m
  • lit · 4623 Marine Avenue109 m
  • Forest Bistro & Lounge385 m

Cafes (5+)

  • Jay's Place Cafe · 4593 Marine Avenue19 m
  • Saint Amore International Sandwiches · 4722 Marine Avenue394 m
  • 32 Lakes Cafe and Bakery · 4707 Marine Avenue437 m
  • Tim Hortons · 4700 Joyce Avenue678 m
  • Starbucks792 m

Grocery (1)

  • FreshCo681 m

Parks (2)

  • Unnamed451 m
  • Welcome to Powell River Park459 m

Shopping (1)

  • Canadian Tire · 4720 Joyce Avenue713 m

Gyms (1)

  • Anytime Fitness706 m

Banks & ATMs (3)

  • Bank of Montreal424 m
  • First Credit Union · 4121 Joyce Avenue634 m
  • RBC697 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$159,200.00
Periodic payment — Principal & Interest (monthly)$1,027.10
Additional monthly expenses (strata, tax, utilities, etc.)$175.33
Total monthly cost$1,202.44
Interest paid over 5-yr term$45,627.18
Balance at end of term$143,200.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,453.73

Cash Needed at Closing

Minimum down payment$9,950
Estimated BC PTT$1,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,440

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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