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2201 11th Avenue
Port Alberni · Vacant Land
Listed by RE/MAX Mid-Island Realty · MLS® 1050053
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Sign inAbout this home
Prime development opportunity in highly desirable South Port Alberni. This 1.67-acre property has Preliminary Layout Approval (PLA) for 8 view lots, all with convenient rear-lane access. The land gently slopes toward the rear lane, creating an ideal setting for level-entry, walk-out basements. Each lot is approximately 50’ x 128’, providing generous building sites with plenty of room for detached garages accessed from the rear lane. A fantastic opportunity to develop eight well-sized residential lots in a sought-after area of the Alberni Valley. Contact ''The Engstrom Group'' for more information.
Home facts
- Parking
- 6
- Property type
- Vacant Land
- Area
- Port Alberni
- Listed
- September 17, 2026
- PID
- 001-474-502
- Common interest
- Freehold
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,791
- Property tax
- $233/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,175
Purchase snapshot
- List price
- $799,900
- Down payment
- $159,980 (20%)
- Estimated mortgage
- $639,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $6,615
- At 8.2699 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $840 a month
- Gross yield
- 1.3%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 59%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.