Lot 3 Fairfield Rd

1 / 26

$335,000

Lot 3 Fairfield Rd

Fairfield, Cobble Hill · MLS® 1052716

10,138 sq ft lot · Land · Vacant Land · 7 days on market

listed by Cassandra Cherneff, Coldwell Banker Oceanside Real Estate

Open house · Saturday, October 31, 12pm–1:30pm

realtor's description

OPEN HOUSE-SAT 12-1:30. An exceptional opportunity to build your dream home in the heart of Cobble Hill! Newly subdivided, fully serviced lot offer's just under a 1/4 acre, with excellent sun exposure, easy access, and minimal site preparation required. Ideal for a rancher or two-storey home, each lot features dedicated municipal water and sewer connections installed at the property line, with hydro, natural gas, and fibre internet available along the road. Development permits have been issued, environmental and engineering assessments are complete, and engineered stormwater plans are included, helping simplify the building process. Enjoy a fantastic family-friendly location just a short walk from Cobble Hill Village, local schools, parks, and the Cobble Hill Mountain trail network, with Shawnigan Lake only minutes away. Whether you're a builder or looking to create your forever home, this is a rare opportunity to enjoy peaceful village living with everyday conveniences close by!

property details

type: Land, Vacant Land
lot: 10,138 sq ft
parking: 2
days on market: 7
MLS®: 1052716

features

Central location
Other

the market here

listed now: 14 days; median for 5 homes for sale; this one 7 days

Homes in Cobble Hill. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$1,460/mo

Mortgage $1,460

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,460/ monthly

loan $268,000

25-year amortization

down payment20% · $67,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $169,869
property transfer tax: $4,700; BC general rate
cash to close: $71,700; down + PTT
total paid: $437,869

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.