- Active
699 Industrial Way
Tofino · Vacant Land
Listed by RE/MAX Mid-Island Realty (Tfno) · MLS® 1011424
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Sign inAbout this home
Prime industrial land opportunity in Tofino!. Cleared and fully serviced 0.58 acre corner lot, with an existing Temporary Use Permit in place for 6 seasonal worker RVs. The property’s industrial zoning also allows for a wide range of uses including manufacturing/processing, contractor workshops, delivery services, vehicle and marine sales & service, mini storage, retail ancillary to warehousing and staff housing. The site accommodates up to 40ft in building height and 50% lot coverage providing great flexibility for future plans. Located at the highly visible intersection of Industrial Way and Campbell, the lot offers outstanding exposure to passing traffic. Surrounded by established businesses such as Tofino Brew Co., Picnic, Tofino Kombucha and Tofino Distillery, this area is a thriving industrial-commercial hub just minutes from downtown. The seller is open to collaborative ownership structures with the right buyer and is an excellent opportunity for long-term investors.
Home facts
- Property type
- Vacant Land
- Area
- Tofino
- Listed
- August 22, 2025
- PID
- 028-904-397
- Common interest
- Freehold
Features and inclusions
- Lot
- Level lot, Corner Site, Other
Rooms and building
- Water
- Zoning
- Unknown
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
- $8,295
- Property tax
- $508/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,953
Purchase snapshot
- List price
- $1,750,000
- Down payment
- $350,000 (20%)
- Estimated mortgage
- $1,400,000
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
- $7,446
- At 4.2546 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.
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 · 56%
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.