Property Type: Land / LotOwnership: Freehold

Lot 5 WILLOW AVE

Powell River, BC

$129,000

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
3,716 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$199

Interior

Fireplace
None

Listing Information

MLS®
19841
Listed
April 30, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: 2% REALTY PACIFIC COAST · Data source: CREA DDF.

Description

Opportunity in Powell River's historic Townsite! This 3,716 sq ft corner lot offers ocean view potential and R3 zoning, allowing for a single-family home with a secondary suite within the principal residence. Build up to take advantage of ocean and mountain views, all in one of the most walkable and character-filled neighbourhoods in the community. Just steps from schools, parks, the Patricia Theatre, Townsite Brewery, and local favourites, this location blends lifestyle and convenience. City services are available at or near the lot line (connection required per municipal guidelines). A concept sketch is available to help visualize what's possible, including a layout with a suite above a parking area. Buyers are encouraged to confirm zoning, setbacks, and development options with the City of Powell River. A rare chance to build in a neighbourhood where character, community, and location all come together. (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

19

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 ElementaryElementary642 m
Secondaire BrooksSecondary948 m
Brooks SecondaryElementary948 m
James Thomson ElementaryElementary2.4 km
Edgehill ElementaryElementary3.6 km
Cote-du-SoleilElementary/Middle4.4 km
Assumption School(Independent)Elementary4.8 km
Westview ElementaryElementary5.8 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 (1)

  • Royal Zayka525 m

Parks (2)

  • Unnamed103 m
  • Townsite Dog park620 m

Shopping (1)

  • Townsite Public Market · 5831 Ash Avenue504 m

Nearby places data: © OpenStreetMap contributors.

School district: Powell RIver (SD47)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$103,200.00
Periodic payment — Principal & Interest (monthly)$665.81
Additional monthly expenses (strata, tax, utilities, etc.)$16.58
Total monthly cost$682.39
Interest paid over 5-yr term$29,577.42
Balance at end of term$92,828.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,450
Stress test qualifying rate8.09%
Payment you must qualify for$942.37

Cash Needed at Closing

Minimum down payment$6,450
Estimated BC PTT$1,290
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,240

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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