- Active
Lot 2 Willcox Road
Saltair · Vacant Land
Listed by RE/MAX Island Properties (DU) · MLS® 1051010
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Sign inAbout this home
Discover the possibilities on this peaceful 5.54-acre parcel in the heart of Saltair. Zoned R-3 Residential and offering potential for future subdivision, this beautiful property presents an exciting opportunity for developers, investors, or those looking to create a private estate surrounded by nature. The land borders both Lytton Road and Mountain Road, providing added flexibility when considering future plans and access. Enjoy a serene rural setting while remaining conveniently close to local amenities, recreation, and the communities of Chemainus and Ladysmith. A rare opportunity to secure a substantial piece of land in a desirable Vancouver Island location. Buyers are encouraged to verify subdivision potential, permitted uses, servicing, and development requirements with the appropriate authorities. Buyer to contact CVRD for subdisivion potential and property usage.
Home facts
- Property type
- Vacant Land
- Area
- Saltair
- Listed
- September 28, 2026
- PID
- 000-798-274
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Acreage, Park setting, 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
- $7,110
- Property tax
- $442/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,701
Purchase snapshot
- List price
- $1,500,000
- Down payment
- $300,000 (20%)
- Estimated mortgage
- $1,200,000
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 · 55%
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.