About this home

Conduct of Sale | Prime Commercial Development Opportunity. Strategically located in Saltair, between Ladysmith and Chemainus, this commercial development site offers outstanding visibility and accessibility within one of Vancouver Island's most strategically located growth corridors. Existing site servicing and flexible commercial zoning (buyer to verify) provide a strong foundation for future development. An exceptional opportunity for developers, investors and owner-users seeking long-term value in a highly visible location. Historical development concepts and marketing materials are available for reference only and do not form part of the current offering. Property is offered pursuant to a Court-Ordered Conduct of Sale and is subject to Supreme Court approval. Purchasers are encouraged to complete their own due diligence respecting zoning, servicing, development potential and all matters material to their intended use.

Property details

$5,844/yr

Gross tax

Location & structure

Vacant Land

Type

Chemainus

Area

Listed

July 6, 2026

PID

028-409-248

Additional details

Common interest

Condo/Strata

Nearby & Commute

58 min

walk to Save-On-Foods

1h 35m

bike to nearest SkyTrain station

5h 15m

walk to nearest SkyTrain station

2h 24m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 63%

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$9,865

Principal and interest

Calculated estimate

$9,228

Property tax

Listing data

$487/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,995,000

Down payment

Calculated estimate

$399,000 (20%)

Estimated mortgage

Calculated estimate

$1,596,000

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$9,865

/mo

Rate

%

Amortization

Principal and interest

$9,228

Property tax

$487

P&I

Tax

Down payment

$399,000 (20%)

Stress test this mortgage

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $399,000 down (20%) on $1,995,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	32	62.7%
Land	12	23.5%
Duplex	4	7.8%
Mobile home	1	2.0%
Other	1	2.0%
Other	1	2.0%

$20,000 to $24,999	10	5.6%
$25,000 to $29,999	5	2.8%
$30,000 to $34,999	10	5.6%
$35,000 to $39,999	5	2.8%
$40,000 to $44,999	10	5.6%
$45,000 to $49,999	10	5.6%
$50,000 to $59,999	20	11.1%
$60,000 to $69,999	10	5.6%
$70,000 to $79,999	15	8.3%
$80,000 to $89,999	20	11.1%
$90,000 to $99,999	15	8.3%
$100,000 to $124,999	10	5.6%
$125,000 to $149,999	10	5.6%
$150,000 to $199,999	15	8.3%
$200,000 and over	15	8.3%

Detached	32	62.7%
Land	12	23.5%
Duplex	4	7.8%
Mobile home	1	2.0%
Other	1	2.0%
Other	1	2.0%

$20,000 to $24,999	10	5.6%
$25,000 to $29,999	5	2.8%
$30,000 to $34,999	10	5.6%
$35,000 to $39,999	5	2.8%
$40,000 to $44,999	10	5.6%
$45,000 to $49,999	10	5.6%
$50,000 to $59,999	20	11.1%
$60,000 to $69,999	10	5.6%
$70,000 to $79,999	15	8.3%
$80,000 to $89,999	20	11.1%
$90,000 to $99,999	15	8.3%
$100,000 to $124,999	10	5.6%
$125,000 to $149,999	10	5.6%
$150,000 to $199,999	15	8.3%
$200,000 and over	15	8.3%

10862 Chemainus Road

10862 Chemainus Road

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