











1/131596 VANCOUVER BLVD, Savary Island, BC V0N2G0
$275,000 total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
Lot Size
0.444742883379247 ac
An exceptional opportunity to own a beautiful south-facing, high-bank waterfront property on Savary Island. Located mid-island, this approximately 51-foot-wide by 387-foot-deep, partially cleared property offers spectacular ocean views, abundant sunshine, and plenty of space to build your dream island retreat. The elevated waterfront setting captures the breathtaking views that make Savary's south shore so special. Access is provided by an easement through 1604 Vancouver Boulevard, providing an access way to the main road, Vancouver Blvd. This is an ideal opportunity to create your own off-grid getaway on one of the most beautiful islands along the BC coast. Savary Island is renowned for its miles of white sandy beaches, warm summer swimming waters, and exceptionally mild year-round climate. Often described as the Hawaii of the North, Savary remains one of Canada's most special coastal destinations. Come see for yourself what makes this property and Savary Island so special. (id:66811)
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Monthly debt service
$1K
Projected NOI
$12K
Annual cash flow
$-3K
Cash-on-cash
-4.06%
DSCR
0.78
Going-in cap
4.32%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
43,846
Households
19,703
Median income
$116,500
Median age
33.2
Daytime population
48,632
5-yr growth
5.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1596 VANCOUVER BLVD, Savary Island.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.