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Investment signal

$320,000

5840 Goletas Way

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Beds

0

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Port Hardy. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Come see this one of a kind property in Port Hardy. One of the most stunning lots and the only one around zoned multi family. This zoning allows for a multiple of uses (apartment building, six plex, vacation rental). The lot is level and ready to build. It also could be subdivided into smaller lots. The view from here is amazing overlooking Hardy Bay and out to Goletas. Call your Realtor for more info. (id:65958)

Subtype
Vacant Land
Community
Port Hardy
Common interest
Freehold
Lot size
0.82 acres
Lot dimensions
0.82
Parking
2 total
On market
Apr 22, 2026
Status changed
Apr 23, 2026
Annual tax
$994
Zoning
Multi-Family
Photos
8
MLS#
1033132
Area
PORT_HARDY

Features and systems

Lot

Level lotOther

View

Ocean view
Negative cash flow ~$404/mo at these assumptions

Cash on cash

-7.57%

Cap rate

3.35%

GRM

16.7

Break-even rent

$2,025

Financing

Down payment$64,000
Loan amount$256,000
Mortgage$1,297/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$147
Insurance$80
Maintenance$267
CapEx reserve$133
Vacancy loss$80

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,297/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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