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$339,000 total
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Asset Class
Specialty
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
88%
Year Built
2009
Lot Size
3.68 ac
Looking for an escape from the public? Gambier Island sits surprisingly close to Vancouver, with Douglas Bay just 45 minutes by boat from Horseshoe Bay. This is a weekend warrior's ideal retreat, where you can relax by the campfire without reserving a crowded campsite or setting up a tent. Douglas Bay is particularly sought after by buyers in the know for its more remote, secluded feel compared with much of Gambier Island. Within the community, inland view lots are especially appealing for their more accessible price point, improved sun exposure compared with many lower waterfront properties, and most of all, their breathtaking views. It is only a few minutes farther by boat, but that slight extra distance means fewer people, greater privacy, and an especially peaceful setting. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$96
Cash-on-cash
0.09%
DSCR
1.01
Going-in cap
5.57%
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
89,681
Households
33,962
Median income
$98,500
Median age
31
Daytime population
92,423
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for LOT 43 DOUGLAS BAY, Gambier 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.