Property Type: Land / LotOwnership: Freehold

Part Sec 1 Westholme Rd

Westholme, BC V9L6B4

$350,000

0 bed0 bath1 parking
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Property Details

Property & Lot

Lot size
21.04 acres
Zoning
Agricultural

A1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$500

Interior

Fireplace
None

Parking

Total spaces
1

Listing Information

MLS®
1038828
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

Rem. Sec. 1 (21 acres); stunning views from this property are of the fields and Bonsall Creek with Mount Prevost and Mt Sicker in the background. A building site could be established along Westholme Rd. The building site would require the placement of fill for a depth of 2 metres. The Agricultural Land Commission permits the placement of fill over an area of 1,000 square metres without an application. The rich organic peat soil fields are currently in Reed Canary grass and have not been harvested for several years however they would support hay cropping. This property has BC Assessment Farm Class resulting in tax savings for the owner / farmer.  Buyer to pay GST applicable on this sale. Call your realtor to access a full listing package including soil maps, air photos, zoning bylaw and more. (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
Crofton Elementary Community SchoolElementary4.2 km
Chemainus SecondaryK-127.2 km
Chemainus Elementary Community SchoolElementary7.6 km
Drinkwater ElementaryElementary7.8 km
Alex AitkenElementary7.8 km
Ecole Mount Prevost ElementaryElementary8.1 km
Tansor ElementaryElementary8.6 km
Maple Bay ElementaryElementary8.7 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: 5.0% ($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.)$41.67
Total monthly cost$1,848.13
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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