Property Type: Land / LotOwnership: Freehold

Lot B Chemainus Rd

Chemainus, BC V0R1K5

$599,900

0 bed0 bath6 parking
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Property Details

Property & Lot

Lot size
1.4 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Parking

Total spaces
6

Listing Information

MLS®
1041551
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.

Description

Build your dream home on this beautiful 1.4-acre property in Chemainus. Offering a private, forested setting with protected woodland at the rear, this lot provides a peaceful backdrop and lasting natural beauty. The topography is well suited for a level-entry home with a walk-out basement, allowing you to maximize both living space and views of the surrounding landscape. Municipal water is available, adding convenience to this exceptional building opportunity. Enjoy the perfect balance of privacy and accessibility, just minutes from downtown Chemainus, shopping, restaurants, parks, schools, and the many amenities this vibrant seaside community has to offer. A rare chance to create your ideal home in a tranquil West Coast setting. (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.

Nearby Schools

SchoolTypeDistance
Chemainus SecondaryK-124.0 km
Chemainus Elementary Community SchoolElementary4.5 km
Crofton Elementary Community SchoolElementary5.6 km
Alex AitkenElementary11.4 km
Drinkwater ElementaryElementary11.4 km
Thetis Island ElementaryElementary11.5 km
Fernwood ElementaryElementary11.6 km
Ecole Mount Prevost ElementaryElementary11.7 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: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,096.28
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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