$399,900
Lot 9 Malcolm Rd
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 Chemainus. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Located on a quiet, street just a short walk from all the amenities of beautiful Chemainus, this versatile R-3 zoned lot offers an exceptional opportunity to build your dream home or investment property in a highly desirable coastal community. Enjoy the freedom to design without restriction—no building scheme in place—giving you full creative control. Just steps from ocean access, this lot offers the perfect blend of coastal lifestyle and small-town convenience. Muni water, sewer, hydro, Natural Gas all at the lot line and Ocean views. (id:65958)
- Subtype
- Vacant Land
- Community
- Chemainus
- Common interest
- Freehold
- Lot size
- 4,831 square feet
- Lot dimensions
- 4831
- Parking
- 2 total
- On market
- Apr 16, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $2,903
- Zoning
- Residential
- Photos
- 12
- MLS#
- 1032416
- Area
- CHEMAINUS
Features and systems
Lot
View
Cash on cash
-7.26%
Cap rate
3.41%
GRM
16.7
Break-even rent
$2,510
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.