Property Type: Land / LotOwnership: Freehold

Lot C Telegraph Cove

Telegraph Cove, BC V0N2R0

$3,250,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
14.8 acres
Zoning
Residential/Commercial

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,407.72

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1041394
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

This property has incredible potential and many of the lots have ocean or marina views as well as mountain views. The 18 lots on Ella Bay Road phases are almost ready for the paving and curbs. The next 30 lot phases includes 6 commercial lots facing the historic Telegraph Cove. The area needs more commercial space and residential lots and this location will be fantastic for enjoying sunny days and sunset views. The 30lot phases have had the blasting done for the roadways and many of the lots have been leveled and rock walls installed. Some services are in and clearing was recently done so you can see the spectacular views. The preliminary plan was for 48 lots but the sellers anticipated changing it to 46 lots. The buyer may want to revise or reconfigure some of the lots. Water and sewer mains are installed for all 48 lots. Hydro is installed for the first 18 lots. This property is truly spectacular. Killer Whales, Humpback whales, Sea Lions, Pacific White Sided Dolphins, Porpoises, Sea Otters and more frequent the area. The pristine water in the area are teaming with all species of pacific salmon, Ling Cod, Halibut, Rock fish, prawns, crab and more. On land it is not uncommon to have Bald Eagles soar within a few feet of roof tops as they search for their prey. Deer, hummingbirds, and other wildlife are abundant in this area. Tourists from around the world come to see the natural beauty of Telegraph Cove and owning property in this area is a possible dream for many as soon as the project is completed. Contact your favourite realtor to book a personal tour of this amazing property (id:63159)

Location Insights

Weather

Nearest station: Port Hardy

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 96%

Wind N 2 km/h

Tonight

10°

Tuesday

17°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Alert Bay ElementaryElementary7.3 km
T'lisa̱lagi'lakw School(Independent)Elementary9.2 km
A J Elliott ElementaryElementary15.5 km
Sunset ElementaryElementary17.6 km
North Island SecondaryElementary18.2 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)

  • Killer Whale Café432 m

Cafes (2)

  • Telegraph Cove Coffee Co.402 m
  • Seahorse Café447 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver Island North (SD85)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,600,000.00
Periodic payment — Principal & Interest (monthly)$16,774.32
Additional monthly expenses (strata, tax, utilities, etc.)$367.31
Total monthly cost$17,141.63
Interest paid over 5-yr term$745,167.47
Balance at end of term$2,338,708.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$650,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,993.09

Cash Needed at Closing

Minimum down payment$650,000
Estimated BC PTT$80,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$732,000

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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