Motivated Sellers, 12.5% price reduce, 71.43% cheaper than comparables

Lot 11 District Lot 71 And 77, Galiano Island, BC

$350,000
Est. Mortgage /mo

MLS# R2871792

0 sqft
$350,000
$400,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Motivated Sellers 12.5% price reduce 71.43% cheaper than comparables

SECLUDED ACREAGE 20-acre forest lot with 6GPM well and potential for views over both sides of Galiano Island. A perfect spot for those who seek absolute privacy and rare, distant ocean views across Trincomali Channel and the Salish Sea. Located at the north end of Galiano Island, a short distance to public beaches perfect for spotting orcas, humpback whales, sea lions and seals. Unparalleled privacy in a mixed forest of sword ferns, salal, towering cedars, lush evergreen trees and alder. With government approval, this property has rezoning potential allowing for a home, cottage, and multiple accessory buildings. Seller is motivated! Create your private retreat!

General Info

Price $350,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 20.06
Lot Size Depth Feet
Lot Size Frontage 525
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R2871792
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Galiano Island
City Galiano Island
Postal Code V0N 1P0
Price per Sqft -
Gross Taxes $284.14
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning F1
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Ocean View Potential
Units In Development -

Property Timeline

Status Date Price
R2871792 / Active 04-17-2024 $350,000
Listed by: Gulfport Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Private Schools

Elementary
St.Joseph's School
14.68 km
Secondary
Penelakut Island Learning Centre
7.82 km

Closest Transit

Bus Stop
Fernwood Rd at Walkers Hook Rd (NB)
6.35 km
Skytrain
Skytrain @ Yvr-Airport Stn
35.72 km

Demographics

Post-Secondary Education
Above Average
34.1%
No Certificate/Degree
Below Average
9.1%
Owner Occupied
Below Average
35.2%
Employment Rate
Below Average
23.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $24
Maintenance fee 0
A 20% down payment of $70,000 on this $350,000 listing yields an estimated mortgage of $1,337/month (30-year fixed, 4%). Total estimated housing cost: $1,361/month, $24 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing has an estimated rental yield of $1,856/month, resulting in a +$437/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $350,000
Galiano island Loading...
Galiano Island Loading...
This $350,000 listing sits 44.7% below the Galiano Island average of $633,000 for similar 0-bedroom Lands (4 active comparables). This property is flagged as a Hot Deal (Motivated Sellers, 12.5% price reduce, 71.43% cheaper than comparables) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to Lot 11 District Lot 71 And 77, Galiano Island, BC?
The closest top-rated schools are Penelakut Island Learning Centre and St.Joseph's School.
Is Lot 11 District Lot 71 And 77, Galiano Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for Lot 11 District Lot 71 And 77, Galiano Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,100.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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