- Active
5526 Grandview Road
Port Alberni · Single Family
- Beds
- 6
- Baths
- 4
- Sqft
- 3,071
- Built
- 1975
Listed by RE/MAX Mid-Island Realty · MLS® 1042261
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Sign inAbout this home
Rare opportunity to acquire a 10-acre property offering exceptional development potential. Featuring a spacious 6-bedroom, 3.5-bathroom residence, and almost 5000 SQ ft barn, this property provides immediate rental income or comfortable occupancy while development plans are pursued. The level, usable acreage presents an excellent opportunity for subdivision (subject to municipal approvals), making it an attractive investment for developers, builders, and land investors seeking future growth potential. With ample road frontage and abundant space for planning, the property offers flexibility for a range of development concepts. Whether you're looking to capitalize on the property's subdivision potential, hold as a long-term investment, or develop while maintaining an existing residence, this is a rare chance to secure a substantial parcel in a desirable location. Opportunities of this size and potential are increasingly difficult to find. Explore the possibilities and unlock the full value of this exceptional property. Call today for more information!!
Home facts
- Bedrooms
- 6
- Bathrooms
- 4 full
- Interior
- 3,071 sq ft
- Year built
- 1975
- Parking
- 10
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Port Alberni
- Listed
- July 6, 2026
- Structure
- House
- PID
- 026-078-741
- Common interest
- Freehold
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Heating
- Natural gas, Hot Water
- Cooling
- None
- Parking
- Detached Garage, Garage, Open
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
- $11,845
- Property tax
- $725/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $12,720
Purchase snapshot
- List price
- $2,499,000
- Down payment
- $499,800 (20%)
- Estimated mortgage
- $1,999,200
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
- $20,666
- 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
- $1,404 a month
- Gross yield
- 0.7%
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 · 57%
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.
