- Active
7481 Island Highway
Merville · Vacant Land
Listed by REMAX Ocean Pacific (Crtny) · MLS® 1033835
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Sign inAbout this home
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.
Home facts
- Parking
- 4
- Property type
- Vacant Land
- Area
- Merville Black Creek
- Listed
- April 28, 2026
- PID
- 007-334-869
- Common interest
- Freehold
Rooms and building
- Water
- Zoning
- Rural 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
- $6,138
- Property tax
- $375/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,663
Purchase snapshot
- List price
- $1,295,000
- Down payment
- $259,000 (20%)
- Estimated mortgage
- $1,036,000
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
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 · 80%
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.