Property Type: Land / LotOwnership: Freehold

Lot 7 Faber Rd

Port Alberni, BC V9Y0O0

$399,000

0 bed0 bath1 parking
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Property Details

Property & Lot

Lot size
1.1 acres
Zoning
Residential

RA1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,282

Interior

Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Listing Information

MLS®
1037676
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals - Dave Koszegi Group · Data source: CREA DDF.

Description

Nestled amongst lush conifers in the peaceful Sproat Lake area, this beautiful 1.10-acre property offers the perfect setting to build your dream home or getaway retreat. Partially cleared and ready for your building plans, the lot provides privacy, natural beauty, and a tranquil rural atmosphere while remaining just a short drive from all the amenities of Port Alberni. Backing onto Dickson Drive and located directly across from Dickson Park, you’ll enjoy easy access to the lake with a public dock and swimming area, and endless opportunities for kayaking and paddle boarding. Complete with a storage shed and surrounded by nature, this is an exceptional opportunity to create your ideal West Coast escape. All measurements are approximate and must be verified if important. (id:63159)

Location Insights

Weather

15°C

Humidity 86%

Wind S calm km/h

Tonight

11°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

10°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

18,259

(2021 Census)

+3.3% since 2016

Density: 928.7/km²

Dwellings: 8,919

Median household income: $62,800

After-tax: $58,400

Immigrant population: 10%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 430
  • India1% · 190
  • Netherlands0.8% · 150
  • United States of America0.8% · 140
  • Germany0.6% · 115
  • Italy0.5% · 85
  • Mexico0.3% · 60
  • Viet Nam0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Haahuupayak School(Independent)Elementary5.2 km
Tsuma-as ElementaryElementary7.1 km
Alberni ElementaryElementary8.3 km
des Grands-cedresElementary8.8 km
John Howitt ElementaryElementary8.9 km
John Paul II Catholic School(Independent)Elementary9.1 km
Alberni District SecondarySecondary9.4 km
Wood ElementaryElementary9.7 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: Pacific Rim (SD70)

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.)$106.83
Total monthly cost$2,166.20
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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