Property Type: Land / LotOwnership: Freehold

LT B Allen Ave

Cumberland, BC V0R1S0

$350,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
8,276 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,467

Interior

Fireplace
None

Listing Information

MLS®
1044720
Listed
July 31, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

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

Description

Build your dream home in beautiful, Cumberland! This 0.19 acre lot offers an exceptional opportunity to create the lifestyle you've been dreaming of, with world renowned mountain bike trails just outside your door and endless outdoor recreation at your fingertips. Enjoy the convenience of being just minutes from Cumberland's vibrant downtown core, parks, schools, shops, restaurants, and all local amenities. To help bring your vision to life, professionally drafted plans for both a main home and carriage house are included, making it even easier to get started on your dream build in this incredible location. (id:63159)

Location Insights

Weather

Nearest station: Courtenay

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

4,447

(2021 Census)

+18.5% since 2016

Density: 153.1/km²

Dwellings: 1,918

Median household income: $86,000

After-tax: $75,500

Immigrant population: 9.6%

Top countries of origin (% of total population)

  • United Kingdom4.4% · 195
  • United States of America1.3% · 60
  • Germany0.3% · 15
  • Netherlands0.2% · 10
  • South Africa, Republic of0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

5/9 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
Cumberland Community SchoolElementary/Middle516 m
Arden ElementaryElementary6.2 km
Royston ElementaryElementary6.5 km
Lake Trail CommunityMiddle7.2 km
Courtenay ElementaryElementary7.5 km
Ecole Puntledge Park ElementaryElementary7.5 km
Nala'atsi Alternate ProgramSecondary7.6 km
Aspen Park ElementaryElementary9.6 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 (4)

  • Biblio Taco · 2724 Dunsmuir Avenue203 m
  • Riders Pizza · 2738 Dunsmuir Avenue231 m
  • Niji · 2744 Dunsmuir Avenue244 m
  • Cooks Restaurant · 3273 Third Street257 m

Cafes (2)

  • Laneway Coffee and Kitchen · 2727 Dunsmuir Ave176 m
  • Cumberland Grind Espresso & Smoothie Bar · 2753 Dunsmuir Avenue254 m

Grocery (1)

  • Seeds Natural Food Market · 2733A Dunsmuir Avenue176 m

Parks (4)

  • Village Square207 m
  • Number Six Mine Park222 m
  • Cumberland Village Park585 m
  • Cumberland Peace Park622 m

Banks & ATMs (1)

  • First Credit Union · 2717 Dunsmuir Avenue159 m

Nearby places data: © OpenStreetMap contributors.

School district: Comox Valley (SD71)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$280,000.00
Periodic payment — Principal & Interest (monthly)$1,806.46
Additional monthly expenses (strata, tax, utilities, etc.)$122.25
Total monthly cost$1,928.71
Interest paid over 5-yr term$80,248.80
Balance at end of term$251,860.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.81

Cash Needed at Closing

Minimum down payment$17,500
Estimated BC PTT$5,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,000

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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