- Active
5859 River Road
Port Alberni · Vacant Land
- Lot size
- 11,761 ft²
Listed by RE/MAX Mid-Island Realty · MLS® 1037849
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Sign inAbout this home
A rare opportunity! This unique offering gives you the best of both worlds! A buildable bare land lot on one side of River Road, and your own private riverside yard and access on the Somass, directly across the street. Build your dream home while enjoying easy access to refreshing river dips, paddleboarding, canoeing, or simply relaxing by the water. Many neighboring owners have even obtained permits for private floats/docks, offering exciting future potential to explore. The buildable off-river portion is approximately 60 ft x 129 ft with the total combined parcel size between both sides at approximately 0.27 acres. Zoned R, this property offers flexibility and exciting possibilities for your future build or investment. Located in Port Alberni’s gateway to the West Coast, this is a truly special lifestyle property offering a rare blend of privacy, recreation, and development potential.
Home facts
- Lot size
- 11,761 sq ft
- Property type
- Vacant Land
- Area
- Port Alberni
- Listed
- May 23, 2026
- PID
- 031-278-744
- 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
- $1,152
- Property tax
- $75/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,377
Purchase snapshot
- List price
- $243,000
- Down payment
- $48,600 (20%)
- Estimated mortgage
- $194,400
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
- $2,010
- 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
- $672 a month
- Gross yield
- 3.3%
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.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- 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 · 53%
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.
