LT 15 Mitchell Bay Rd
Malcolm Island, BC V0N3E0
$395,000
Property Details
Property & Lot
- Lot size
- 15.74 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,478.06
Interior
- Fireplace
- None
Parking
- Total spaces
- 8
Listing Information
- MLS®
- 1028244
- Listed
- March 10, 2026
- Time on market
- On the market for 174 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.
Description
Welcome to your slice of true West Coast paradise! This expansive 15.74-acre property on breathtaking Malcolm Island offers the ultimate opportunity to create your dream home or luxury vacation cottage in an unspoiled natural setting. Surrounded by towering trees, the property is a true haven for nature lovers and investors alike. Rich with valuable, marketable timber — including second-growth cedar, hemlock, pine, and more — this land not only offers serenity, but significant natural resources. There is also a Hitachi 300 excavator located on the property, which, along with the attachments, can be included in the sale - giving you the tools to start developing the land right away. Attachments include: log grappler, finishing bucket, digging bucket, trenching bucket Less than a 5 minute drive leads you to a stunning pebbly beach, where you can watch whales from the shore, cast a line for world-class fishing, or enjoy peaceful ocean views all year round. Located only 15 minutes from the charming town of Sointula and the ferry terminal to Port McNeill - a quick ferry ride away you'll enjoy easy access to amenities including a hospital, shops, and additional services — all while living in one of BC’s hidden coastal gems. Whether you're looking to invest, build, or simply escape, this property is a rare and remarkable opportunity. Create your legacy on Malcolm Island. (id:63159)
Location Insights
Weather
Nearest station: Port Hardy
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| A J Elliott Elementary | Elementary | 2.6 km |
| T'lisa̱lagi'lakw School(Independent) | Elementary | 4.8 km |
| Alert Bay Elementary | Elementary | 6.8 km |
| Sunset Elementary | Elementary | 8.6 km |
| North Island Secondary | Elementary | 9.0 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: Vancouver Island North (SD85)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.