Nanaimo · V9G1E9
$24,249/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Rare Ocean Front Development Opportunity in final stage of subdivision process. Set in a picturesque Yellow Point setting, this extraordinary 102-acre ocean front property offers a rare blend of privacy, natural beauty, and investment potential. The proposed seven-lot subdivision is in the final stage of approval, consisting of 6 new lots, each serviced with a registered well, proof of septic areas, Hydro and cable at the street and a remainder property, lot 7. The 6 lots range in area from 5 to 29 acres, totaling 64 acres, with the remaining waterfront 38 acres, for a total of 102 acres. The CVRD, First Nations, and MoTT requirements, including road construction, have been completed and approved with the subdivision pending registration at the Land Title Office following paving. The remaining 38 acre property, lot 7, has the potential to create a further 6-lot subdivision. The subdivision application for an additional 6 lots or phase 3 has been submitted and the Archeological, Enviro and survey requirements have been completed. This creates an outstanding opportunity and a legacy property. Featuring a diverse landscape of sun-drenched meadows, mature forested areas, ponds, creeks, sandstone outcroppings, and select ocean frontage, creating a truly remarkable West Coast environment. Ideally located in a peaceful rural area between Ladysmith and Nanaimo. This one-of-a-kind offering presents an exceptional opportunity to create a very desirable investment opportunity or build a private residence immersed in nature. Zoned A2. The property boasts varied topography and significant potential for a range of agricultural or lifestyle uses. An existing two-bedroom cottage provides accommodation while you plan and develop the property. The land is well-serviced with 8 drilled wells, several producing excellent water. A main access road is already in place to support development. Very accessible to airport and BC ferries at Duke Point and an easy drive to Victoria
2
Beds
850 ft²
Floor area
Single Family
Type
Cedar
Area
Listed
August 15, 2026
Nearby & Commute
1h 43m
walk to Country Grocer
1h 17m
bike to Duke Point (Foot Access)
4h 17m
walk to Duke Point (Foot Access)
2h 10m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 59%
| Detached | 70 | 58.8% |
| Land | 23 | 19.3% |
| Townhouse | 11 | 9.2% |
| Condo / Apartment | 5 | 4.2% |
| Mobile home | 5 | 4.2% |
| Other | 5 | 4.2% |
| $20,000 to $24,999 | 5 | 2.0% |
| $25,000 to $29,999 | 5 | 2.0% |
| $30,000 to $34,999 | 5 | 2.0% |
| $35,000 to $39,999 | 10 | 4.1% |
| $40,000 to $44,999 | 5 | 2.0% |
| $45,000 to $49,999 | 10 | 4.1% |
| $50,000 to $59,999 | 15 | 6.1% |
| $60,000 to $69,999 | 20 | 8.2% |
| $70,000 to $79,999 | 20 | 8.2% |
| $80,000 to $89,999 | 15 | 6.1% |
| $90,000 to $99,999 | 10 | 4.1% |
| $100,000 to $124,999 | 40 | 16.3% |
| $125,000 to $149,999 | 25 | 10.2% |
| $150,000 to $199,999 | 30 | 12.2% |
| $200,000 and over | 30 | 12.2% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$24,249
Principal and interest
Calculated estimate
$22,665
Property tax
Calculated estimate
$1,433/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,900,000
Down payment
Calculated estimate
$980,000 (20%)
Estimated mortgage
Calculated estimate
$3,920,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$24,249
/mo
Rate
%
Amortization
Principal and interest
$22,665
Property tax (est.)
$1,433
P&I
Tax
Down payment
$980,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $980,000 down (20%) on $4,900,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. 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.
At 6.9094 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.
Daily mean across the year.
On the drier side for BC.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Provincial farmland protection restricts subdivision and non-farm use.
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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
