Property Type: Land / LotOwnership: Freehold

Lot 9 Malcolm Rd

Chemainus, BC V0R1K2

$399,900

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
4,831 square feet
Zoning
Residential

R-3

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,903

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
2

Listing Information

MLS®
1032416
Listed
April 16, 2026
Time on market
On the market for 137 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Located on a quiet, street just a short walk from all the amenities of beautiful Chemainus, this versatile R-3 zoned lot offers an exceptional opportunity to build your dream home or investment property in a highly desirable coastal community. Enjoy the freedom to design without restriction—no building scheme in place—giving you full creative control. Just steps from ocean access, this lot offers the perfect blend of coastal lifestyle and small-town convenience. Muni water, sewer, hydro, Natural Gas all at the lot line and Ocean views. (id:63159)

Location Insights

Weather

Nearest station: Duncan

14°C

Humidity 86%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Chemainus Elementary Community SchoolElementary471 m
Chemainus SecondaryK-12959 m
Stz'uminus Senior Secondary(Independent)Secondary7.0 km
Thetis Island ElementaryElementary8.1 km
Ladysmith PrimaryElementary9.0 km
Ladysmith SecondarySecondary9.3 km
Ladysmith IntermediateElementary9.3 km
Crofton Elementary Community SchoolElementary10.5 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

Parks (3)

  • Vista Grande Stairs320 m
  • Cook Park · 10151 Island View Close462 m
  • Daniel Street Park619 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$241.92
Total monthly cost$2,305.93
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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