PH3 LOT8 Arbutus Ridge, Bowen Island, BC, MLS® R3055551

$699,900
Est. Mortgage /mo

$699,900
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
0 Stories
lot 21528 sqft
0 sqft
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PH3 LOT8 Arbutus Ridge, Bowen Island, BC | MLS® R3055551 Property Details

Arbutus Ridge is an 83-acre neighborhood overlooking Bowen Island’s magnificent King Edward Bay. Its sunny south-facing lots occupy a forested ridge bordering serene parkland that imparts a profound connection with the natural world. The west side of Bowen Island has long been considered a highly desirable place to call home, with the established neighborhoods of Bluewater, Tunstall Bay, Bowen Bay, and King Edward Bay boasting some of the island’s best beaches. Building your dream home here needn’t mean challenge or compromise. Flat-build sites mean easy construction compared to other options on the island, and all lots are serviced by municipal water and hydro. Transportation links include TransLink bus service from the property to Downtown Vancouver.

General Info

Price $699,900
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 21528
Lot Size Depth Feet
Lot Size Frontage 0
Basement Features BasementFeatures

Property Metrics

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

Additional Details

MLS® # R3055551
Area Bowen Island
Neighbourhood Bowen Island
City Bowen Island
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas Not Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CD18 Z
Rental Suites -
# of Kitchens -
Locker -
View -
View Description OCEAN VIEW
Units In Development -

Property History

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Status Date Price

Listed by: RareEarth Project Marketing

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
13.11 km
Elementary, Secondary
Mulgrave School
13.11 km

Closest Transit

Translink
Westbound Grafton Rd @ 900 Block (Flag)
0.75 km
Skytrain
Skytrain @ Burrard Stn
20.80 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 PH3 LOT8 Arbutus Ridge, a stunning community on Bowen Island, BC, featuring the MLS listing R3055551.

As we walk through this picturesque neighborhood, I want to highlight the fantastic schools that are just a short drive away. For families, Mulgrave School is the closest elementary and secondary school, rated 9.7/10, and located a comfortable 13.11 km from this beautiful home for sale. With its excellent reputation, Mulgrave School is a top choice for families who value quality education.

Safety First: A Low-Crime Neighborhood

Let's talk about crime rates. According to the latest statistics from Statistics Canada (2020), this community has a low crime rate of 2,938.22 incidents per 100,000 population. Compared to other Canadian cities, this rate is considered Low. In fact, the total crime rate has decreased by 5.60% year-over-year. You can feel safe and secure in this neighborhood, knowing that the local authorities are working hard to maintain a peaceful environment.

A Look at Demographics

This community is home to a diverse population with a high percentage of residents holding a university certificate or degree (45.3%), which is considered High compared to other BC neighborhoods. Additionally, the median household income is $89,856, which is Above Average compared to the British Columbia average. You'll also notice that the median personal income is $39,632, which is also Above Average. With a low unemployment rate of 2.6%, this community offers a stable and thriving economic environment.

Lifestyle Amenities Abound

As we explore this neighborhood, you'll discover a range of lifestyle amenities that cater to your needs. The closest bus station is the Westbound Grafton Rd @ 900 Block (Flag), located just 0.75 km away from this listing with MLS number R3055551. You'll also find an array of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby.

Real Estate Insights

The average value of dwellings in this neighborhood is $942,977, which is High compared to other areas in British Columbia. As for owner payments, the average is $1,569, while tenants are paying $1,397. With 17.7% of the population being renters, this community offers a mix of ownership and rental opportunities.

A Community That Values Education

With a high percentage of families (50.2%) and a high percentage of married or living common-law couples (68.6%), this community is a great place to raise a family. The average age of the population is 44.6, which is Above Average compared to other BC cities.

Investment Opportunity

As an investment opportunity, this property offers a high average price per dwelling, making it an attractive option for those looking to invest in the BC real estate market.

Getting Around

With a low percentage of car usage (66.4%) and a high percentage of public transportation usage (21.1%), this community is well-connected and easy to navigate.

Language and Culture

As for language, 87.1% of the population speaks only English, which is Below Average. However, the community still offers a welcoming environment for those who speak other languages.

Your Dream Home Awaits

Welcome to PH3 LOT8 Arbutus Ridge, a beautiful community on Bowen Island, BC, featuring the MLS listing R3055551. With its excellent schools, low crime rate, and diverse population, this neighborhood is an ideal place to call home.

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 $699,900
Bowen Island $626,000
Bowen Island $626,000
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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