Fanny Bay · V0R1W0
$46,868/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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*FOREIGN BUYER BAN EXEMPT* 224 acres on the edge of Baynes Sound - a scale of ownership Vancouver Island's east coast rarely offers, and almost never with the sea itself as the boundary.Lot 1 Wavell Road unfolds from tidewater to timber. Roughly 2.8 kilometres of natural shoreline trace the property's seaward edge, where the tide draws back over the eelgrass flats of Mud Bay and the oyster leases beyond. Inland lies open hayfields and cultivated ground, a freshwater pond worked by geese, stands of mature Douglas fir and cedar, and quiet meadows where blacktail deer graze at dusk. To the west, the Beaufort Range fills the sky. The land is pristine: 224.67 acres on a single title, vacant, awaiting a first vision. Five drilled wells serve the fields - an uncommon advantage in a valley where irrigation, not sunlight, is the limiting factor. The ground sits outside the floodplain. 2025 taxes only $1,111.67. Within the Agricultural Land Reserve, the parcel's size unlocks the province's more generous residential allowance: a principal residence to 500 m2 (approx. 5,380 sq ft) together with a detached second dwelling to 186 m2 (approx. 2,000 sq ft), without application to the Agricultural Land Commission. Hay and forage, orchard, livestock, silviculture, farm-gate retail, seasonal agri-tourism - the permitted uses are broad and the canvas exceptional. Scarcity defines this opportunity. Fewer than one in five Comox Valley farms exceeds seventy acres. Baynes Sound produces more than half of British Columbia's shellfish and is recognized as a globally significant bird area, where the spring herring spawn draws tens of thousands of birds to these waters. Cumberland's celebrated trail network is 21 minutes away, Courtenay 26, Qualicum Beach 31. Buckley Bay and the ten-minute crossing to Denman and Hornby Islands sit just north. Comox Valley Airport flies non-stop to Vancouver, Calgary, Edmonton and Kelowna year-round. Land of this consequence is not created twice.
0
Beds
Vacant Land
Type
Union Bay/Fanny Bay
Area
Listed
August 18, 2026
Nearby & Commute
1h 56m
walk to Tomm's Food Village
1h 24m
bike to McLean Mill National Historic Site
4h 40m
walk to McLean Mill National Historic Site
4h 51m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 67%
| Detached | 37 | 67.3% |
| Land | 11 | 20.0% |
| Other | 6 | 10.9% |
| Townhouse | 1 | 1.8% |
| $20,000 to $24,999 | 10 | 3.5% |
| $25,000 to $29,999 | 20 | 7.0% |
| $30,000 to $34,999 | 10 | 3.5% |
| $35,000 to $39,999 | 20 | 7.0% |
| $40,000 to $44,999 | 15 | 5.3% |
| $45,000 to $49,999 | 15 | 5.3% |
| $50,000 to $59,999 | 30 | 10.5% |
| $60,000 to $69,999 | 25 | 8.8% |
| $70,000 to $79,999 | 25 | 8.8% |
| $80,000 to $89,999 | 20 | 7.0% |
| $90,000 to $99,999 | 20 | 7.0% |
| $100,000 to $124,999 | 25 | 8.8% |
| $125,000 to $149,999 | 20 | 7.0% |
| $150,000 to $199,999 | 15 | 5.3% |
| $200,000 and over | 15 | 5.3% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$46,868
Principal and interest
Calculated estimate
$43,943
Property tax
Calculated estimate
$2,775/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$9,500,000
Down payment
Calculated estimate
$1,900,000 (20%)
Estimated mortgage
Calculated estimate
$7,600,000
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
$46,868
/mo
Rate
%
Amortization
Principal and interest
$43,943
Property tax (est.)
$2,775
P&I
Tax
Down payment
$1,900,000 (20%)
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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 $1,900,000 down (20%) on $9,500,000, 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.
Provincial farmland protection restricts subdivision and non-farm use.
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.
