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Lot A Ulverston Ave
Cumberland | British Columbia

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Jeff Nield
Jeff Nield
Presented At
$1,989,308
Lot A Ulverston Ave, Cumberland, British Columbia, Canada. - Photo 1
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Lot A Ulverston Ave, Cumberland, British Columbia, Canada. , Cumberland , British Columbia

One of the last available large development properties in Cumberland.

One of the last available large development properties in Cumberland. This 6.5 acre lot has 1000 ft of frontage along Ulverston Avenue. It sits in-between industrial properties across Ulverston and neighbourhoods to the south and west, including the designated intensive residential area on Carlisle Lane. Directly to the west of the property is Ravenwood Park. Current zoning is R1 but the Official Community Plan designates this lot as mixed land use, which can be either multi-family residential
  • with densities greater than 15 unites per acre
  • commercial, or mixed use.
Could be anything from an apartment block, to row houses, to a storage complex, to Cumberland's version of Tin Town with commercial at grade and residential above. Power runs the length of the property and sewer and water are at the lot line. An easy walk to the main shopping and cultural centre on Dunsmuir, close to the Village Park, BMX track, and all the mountain biking/hiking trails of the Cumberland Forest.

3D Street View Tour

Map showing Lot A Ulverston Ave, Cumberland, British Columbia, Canada.

Property Location

Lot A Ulverston Ave, Cumberland, British Columbia, Canada., Cumberland British Columbia

Local Weather & Climate

Cumberland, British Columbia

Current Conditions Updated recently
46 °F
Broken clouds
Feels Like 41°F
Humidity 59%
Wind 10 mph
Visibility 6.2 mi
Sunrise 2:44 PM
Sunset 2:16 AM
5-Day Forecast
Wed 11 Mar
Snow
High 46°
Low 30°
Thu 12 Mar
Snow
High 37°
Low 29°
Fri 13 Mar
Snow
High 37°
Low 24°
Sat 14 Mar
Snow
High 39°
Low 20°
Sun 15 Mar
Clouds
High 38°
Low 31°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cumberland?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Cumberland. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $198,930,800 20% down ($39,786,160)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$17,094
$17,094/day
Your home may appreciate while you sleep
$119,987/week $519,945/mo $6,239,338/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$109.5M
vs
OWN 📈 +$155.3M
$155.3M Potential Equity
vs $109.5M lost to rent over 10 years
$39.8M Down Payment Growth
3.9x
10yr
$155.3M
8.1x
20yr
$321.5M
12.6x
30yr
$502.4M
Wealth Comparison
×1,196
Equivalent to 1,196 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $502.4M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $234.3M +18%
Market $270.9M +36%
Optimistic $312.6M +57%
$155.3M est. equity
20 Years
Conservative $275.9M +39%
Market $368.9M +85%
Optimistic $491.3M +147%
$321.5M est. equity
30 Years
Conservative $324.9M +63%
Market $502.4M +153%
Optimistic $772.0M +288%
$502.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property is listed at $198,930,800.
Based on current market indicators, Cumberland shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a other located in Cumberland, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Jeff Nield

Jeff Nield

Engel & Völkers Courtenay

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