- Active
5000 Spence Road
Courtenay · Vacant Land
- Lot size
- 10,080 ft²
Listed by Royal LePage-Comox Valley (CV) · MLS® 1051954
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Sign inAbout this home
Looking to build your dream home? Don't miss this exceptional opportunity. This 10,080 sq ft walk on waterfront lot is ready to build on, with the required site studies already completed. That saves you valuable time, expense, and delays, so you can start construction this year. Imaging waking up to breathtaking sunrise views and stepping directly onto your own shoreline. Launch your kayak from your backyard, watch marine wildlife pass by, or relax on your future deck overlooking panoramic ocean views. This is the peaceful lifestyle that only true waterfront living can offer. Building is made easier too. Utilities are available at the lot line, including electricity, community water, and natural gas. The lot sits on a quiet dead end road, giving you privacy and tranquility while keeping you just a short drive from town, shopping and amenities. Whether you're planning a luxurious coastal retreat or your forever home, this rare waterfront property is ready for you. Opportunities like this are hard to find, so book your showing today.
Home facts
- Lot size
- 10,080 sq ft
- Parking
- 3
- Property type
- Vacant Land
- Area
- Courtenay South
- Listed
- October 8, 2026
- PID
- 005-756-677
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Waterfront
- Private yard
Features and inclusions
- Lot
- Partially cleared, Other
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
- $4,502
- Property tax
- $275/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,927
Purchase snapshot
- List price
- $949,900
- Down payment
- $189,980 (20%)
- Estimated mortgage
- $759,920
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
- $5,138
- At 5.4086 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
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Courtenay
Ten year average, 2016–2025.
- Average temperature
- 10.7°C
- Daily mean across the year.
- Yearly precipitation
- 1,152 mm
- On the drier side for BC.
- Yearly snowfall
- 48 cm
- Expect real winters.
- Bright sunshine
- 1,926 h
- 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.
Source: Environment and Climate Change Canada, monthly climate summaries
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 · 51%
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.