Property Type: Land / LotOwnership: Freehold

Lot B Plaza Rd

Quadra Island, BC V0P1N0

$499,000

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Property Details

Property & Lot

Lot size
0.57 acres
Zoning
Unknown

C-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,038

Interior

Fireplace
None

Listing Information

MLS®
1044374
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

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

Description

Prime 0.5 acre commercial lot, located in the heart of Quathiaski Cove! With 100 feet of road frontage, this fully cleared and level lot is ready to develop. The property is adjacent to the pharmacy and Harbourside medical clinic and steps away from the Quathiaski Cove Plaza and Cove Centre. The lot has a drilled well with pump and connection to the sewer system. Recent improvements include a cement block retaining wall on the northern boundary of the property and 200 amp electrical service installed on the lot. This property is zoned C-1 which would allow for a number of business uses and residential use, secondary to commercial use. Come see all the options this half acre lot has to offer today! Quadra Island – it’s not just a location, it’s a lifestyle...are you ready for Island Time? (id:63159)

Location Insights

Weather

Nearest station: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 9 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

4/9 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
Quadra ElementaryElementary444 m
Ecole Phoenix MiddleElementary3.5 km
Ecole Des Deux Mondes ElementaryElementary4.1 km
Cedar ElementaryElementary4.2 km
Secondaire CarihiSecondary4.3 km
Carihi SecondaryElementary4.3 km
Pinecrest ElementaryElementary5.0 km
Ripple Rock ElementaryElementary5.1 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 (2)

  • The Clove · 671 Plaza Road101 m
  • Island Farm To Table · 685 Harper Road394 m

Cafes (1)

  • Cafe Aroma · 657 Harper Road182 m

Grocery (1)

  • True Value Foods · 658 Harper Road140 m

Banks & ATMs (1)

  • Coastal Community Credit Union · 657 Harper Road176 m

Nearby places data: © OpenStreetMap contributors.

School district: Campbell River (SD72)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$336.50
Total monthly cost$2,912.00
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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