475 Bowen Island Trunk Rd, Bowen Island, BC, MLS® R3067670

$1,900,000
Est. Mortgage /mo

$1,900,000
Est. Mortgage /mo
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
1 Beds
1 Baths
1 Stories
lot 3384 sqft
638 sqft
2004 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

475 Bowen Island Trunk Rd, Bowen Island, BC | MLS® R3067670 Property Details

Exceptional opportunity to own a three-level mixed-use building in the heart of Snug Cove. The main and middle levels offer versatile office/retail space, with portions already leased-including an ATM machine for added steady income. The upper level hosts a bright and comfortable residential unit, perfect for owner occupancy or as an additional rental suite. This combination of commercial and residential tenancies creates a balanced income profile and makes the property an appealing investment for both seasoned investors and those new to mixed-use ownership. Located just steps from shops, restaurants, the ferry, and all the amenities of Bowen Island's village core, this property offers exceptional convenience and accessibility.

General Info

Price $1,900,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 638
Lot Size 3384.15
Lot Size Depth -
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2004
Age Of Building 21
Building Type Other
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3067670
Area Bowen Island
Neighbourhood Bowen Island
City Bowen Island
Gross Taxes $17,323.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Rear Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning VC1
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description Trees & Mountains
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Masters Realty & RE/MAX Masters 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 Info

Private Schools

Elementary, Secondary
Mulgrave School
10.91 km
Elementary, Secondary
Mulgrave School
10.91 km

Closest Transit

Translink
Bowen Island Trunk Rd @ Snug Cove
0.29 km
Skytrain
Skytrain @ Burrard Stn
18.93 km

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

Welcome to this charming property located at 475 Bowen Island Trunk Road, a beautiful address on Bowen Island, BC, where I'm proud to show you around as your trusted realtor. This home, listed with MLS® R3067670, is a rare gem, and I'm excited to share its unique features with you.

Let's start with the excellent educational options in the area. Just a short drive from this property, you'll find Mulgrave School, an independent elementary school with a stellar rating of 9.7/10. Located 10.91 km from your new home, Mulgrave School is a popular choice among parents who value academic excellence.

Moving on to secondary education, you'll also find Mulgrave School nearby, with the same impressive rating of 9.7/10. This school's proximity to your new home makes it an ideal option for families.

Now, let's talk about the community's safety. According to Statistics Canada's 2020 report, this neighbourhood has seen a low crime rate of 2,938.22 incidents per 100,000 population. Compared to other Canadian cities, this rate is considered Low, providing you with peace of mind and a sense of security.

In terms of property crimes, the neighbourhood around 475 Bowen Island Trunk Road has seen a Low rate of 1,255.65 incidents per 100,000 population. This is a significant advantage for homeowners and a testament to the community's commitment to maintaining a safe environment.

Regarding violent crimespecifically, the area has seen a Low rate of 527.37 incidents per 100,000 population. This is a remarkable achievement, and I'm proud to say that our community has made significant strides in keeping our streets safe.

Now, let's explore the area's amenities. The closest bus station, Bowen Island Trunk Rd @ Snug Cove, is just 0.29 km away from this property, making it an ideal location for those who rely on public transportation.

As we delve into the demographics of the area, you'll notice that 45.3% of the population has a university certificate or degree, which is High compared to other BC neighbourhoods. Additionally, 7.7% of the population has no certificate or degree, which is Low compared to the average in BC.

Regarding income, the median household income in the area is $89,856, which is Above Average compared to the British Columbia average. The median personal income is $39,632, also Above Average in comparison. Furthermore, 58.4% of households in this census subdivision have a mortgage, which is Average.

In terms of employment, the unemployment rate in the area is 2.6%, which is Low compared to other province neighbourhoods. This suggests a strong and stable economy, making it an attractive location for professionals and families alike.

Now, let's talk about the real estate itself. This property is located in a neighbourhood that has seen a population growth rate of 8.2% between 2011 and 2016, which is High compared to average growth rates in the region. The average size of families in the area is 2.8, which is Below Average. However, 50.2% of families in the area have children, which is Below Average. On the other hand, 68.6% of the population is married or living common law, which is High.

In terms of age, the average age of the population in the area is 44.6, which is Above Average compared to other BC cities. The average value of dwellings in the neighbourhood is $942,977, which is High compared to other areas in British Columbia.

As for the housing market, the average owner payments are High in the area, with owners spending an average of $1,569 per month. Tenants, on the other hand, pay an average of $1,397 per month, which is also High compared to other cities.

Regarding the housing market, 17.7% of the population in the area are renters, which is Average compared to other BC cities and areas. Additionally, 12.8% of the population speaks both English and French, which is Above Average. 87.1% of the population speaks English only, which is Below Average. Finally, 0.1% of the population speaks neither English nor French, which is Low compared to other BC cities.

As for transportation, 21.1% of the population in the area use public transport, which is Above Average. 66.4% of the population use cars, which is Low. 3% of the population use bicycles, which is Above Average. Finally, 6.3% of the population walk, which is also Above Average.

In conclusion, this property at 475 Bowen Island Trunk Road, listed with MLS® R3067670, is a rare gem in

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,900,000
Bowen Island No comparables
Bowen Island No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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