7481 Island Highway
Merville · V0R2M0
$6,515/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Merville · V0R2M0
$6,515/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Discover the potential of this expansive 19.9 -acre property with excellent highway exposure—perfect for those seeking visibility, accessibility, and space to bring their vision to life. Whether you're planning a dream home, hobby farm, or investment project, this property offers a strong foundation to build on. A driveway is already in place, providing easy access from the highway. Essential services are ready to go with a drilled well, septic system, and 2 - 200 amp electrical service installed. This setup saves you time and significant upfront development costs. With nearly 20 acres of usable land, there’s ample room for a residence, outbuildings, gardens, or recreational use. The high-visibility location also opens the door to potential business or home-based enterprise opportunities (buyer to verify zoning). A rare opportunity to secure a large, serviced acreage with excellent exposure—bring your ideas and make it your own.
0
Beds
Vacant Land
Type
Merville Black Creek
Area
Listed
April 28, 2026
Nearby & Commute
2h 14m
walk to Courtenay Country Market
8 min
bike to nearest SkyTrain station
27 min
walk to nearest SkyTrain station
6h 7m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 76%
| Detached | 35 | 76.1% |
| Land | 8 | 17.4% |
| Other | 2 | 4.3% |
| Mobile home | 1 | 2.2% |
| $10,000 to $14,999 | 5 | 2.5% |
| $15,000 to $19,999 | 5 | 2.5% |
| $20,000 to $24,999 | 10 | 5.0% |
| $25,000 to $29,999 | 5 | 2.5% |
| $30,000 to $34,999 | 5 | 2.5% |
| $35,000 to $39,999 | 5 | 2.5% |
| $40,000 to $44,999 | 10 | 5.0% |
| $45,000 to $49,999 | 10 | 5.0% |
| $50,000 to $59,999 | 20 | 10.0% |
| $60,000 to $69,999 | 15 | 7.5% |
| $70,000 to $79,999 | 10 | 5.0% |
| $80,000 to $89,999 | 15 | 7.5% |
| $90,000 to $99,999 | 5 | 2.5% |
| $100,000 to $124,999 | 30 | 15.0% |
| $125,000 to $149,999 | 20 | 10.0% |
| $150,000 to $199,999 | 20 | 10.0% |
| $200,000 and over | 10 | 5.0% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$6,515
Principal and interest
Calculated estimate
$5,990
Property tax
Calculated estimate
$375/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,295,000
Down payment
Calculated estimate
$259,000 (20%)
Estimated mortgage
Calculated estimate
$1,036,000
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
$6,515
/mo
Rate
%
Amortization
Principal and interest
$5,990
Property tax (est.)
$375
P&I
Tax
Down payment
$259,000 (20%)
Get Pre-Approved
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 $259,000 down (20%) on $1,295,000, 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.
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.