- Active
LOT 2 Artela Drive
Fanny Bay · Vacant Land
Listed by Fair Realty (Nan) · MLS® 1050862
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Sign inAbout this home
Located in a quiet, rural area of Fanny Bay, this 4.95 acre lot awaits your ideas to build your dream home. Zoned CR-1, this gently sloping lot offers the opportunity to build two homes, including a Bed and Breakfast or Carriage House, plus outbuildings. Community Water Service with standpipe on lot, plus other utilities readily available. This is ideal for extended families to enjoy some elbow room while sharing some common areas for gardens, hobbies, RV and equipment storage. There may be potential for oceans views with a two storey build. Your location is ideal, near Buckley Bay Ferry for some Island adventures. 25 minutes to Courtenay, 35 minutes to Comox Airport and about one hour drive to the Nanaimo Ferry Terminal for those Vancouver get aways. Also, golf courses, marina and Mt Washington Ski Resort close by.
Home facts
- Property type
- Vacant Land
- Area
- Union Bay/Fanny Bay
- Listed
- September 25, 2026
- PID
- 018-812-287
- Common interest
- Freehold
Features and inclusions
- Lot
- Acreage, Private setting, Southern exposure, Wooded area, Irregular lot size, Sloping, Other
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
- $3,313
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,663
Purchase snapshot
- List price
- $699,000
- Down payment
- $139,800 (20%)
- Estimated mortgage
- $559,200
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
For investors
As a rental
- Estimated rent
- $1,120 a month
- Gross yield
- 1.9%
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.
- 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 · 74%
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.