Property Type: TriplexOwnership: Freehold

1260 Sayward Rd

Sayward, BC V0P1R0

$749,000

8 bed4 bath14 parking3,722 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
Triplex
Lot size
1.24 acres
Zoning
Multi-Family

SD-64

Ownership & Fees

Property type
Triplex
Ownership
Freehold
Annual property tax
$2,341.73

Interior

Heating
Forced air, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
14

Room Dimensions

RoomLevelDimensions
EntranceSecond level8'3 x 4'1
BathroomSecond level5'8 x 11'3
BedroomSecond level8'2 x 11'3
Living roomSecond level11'6
KitchenSecond level14'11 x 15'8
EntranceSecond level14'5 x 12'4
Laundry roomSecond level2'7 x 7'2
BathroomSecond level7'2 x 5'10
BedroomSecond level9'11 x 11'3
KitchenSecond level8'11 x 13'8
Dining roomSecond level7'1
Living roomSecond level12'10 x 11'3
Utility roomLower level8'3 x 7'10
BathroomLower level5'9 x 7'6
BedroomLower level10'5
BedroomLower level10'5
Primary BedroomLower level8'2 x 11'3
KitchenLower level11'6 x 15'2
Dining roomLower level18'5 x 11'10
Living roomLower level13'6 x 22'10
Laundry roomMain level9'5 x 11'5
BathroomMain level11'5
BedroomMain level11'5
BedroomMain level9'5 x 11'5
Primary BedroomMain level12'6 x 11'4
KitchenMain level12'5 x 11'7
Living roomMain level19'2 x 11'6

Listing Information

MLS®
1024296
Listed
January 29, 2026
Time on market
On the market for 214 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island North (CR) · Data source: CREA DDF.

Description

Legal triplex with separate hydro meters, PLUS a rancher (SFD) offered as a fantastic investment opportunity on over an acre in the Sayward Valley. The rancher is currently vacant and freshly painted, offering flexibility to be owner occupied or provide additional rental income. Within the triplex, on the ground floor you’ll find a vacant 3 bedroom, 1 bathroom unit with in-suite laundry (new washing machine and dryer), new carpet and fresh paint. The second level has TWO 1 bedroom, 1 bathroom suites (both currently tenanted), with shared laundry and great views. Additional income is brought in through the rental of 5 separate bays; 4 bays with concrete floors and new garage doors are currently tenanted, with the 5th bay offering the tallest clearance and dirt floor retained by the owners. There have been many recent updates, including metal roof installations on both buildings, new power pole and service upgrade, newer windows and more. Springer Creek runs through the back of the property, and the owners have a water license to draw from it. There are three shallow wells and a separate pump station outbuilding on the property, as well as two electrical rooms and ample parking for all suites to have 2+ vehicles. Located just a few minutes past the Sayward Junction, enjoy close proximity to groceries, restaurants, and the marina. Foreign investors welcome! (id:63159)

Values & Trends

This listing

$201/sqft

Building average

No other active listings in this building

Kelsey Bay/Sayward average

$378/sqft

1 active listing(s)

Parking: 14 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Campbell River

Shallow Fog

14°C

Shallow Fog

Humidity 100%

Wind NW 9 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

334

(2021 Census)

+7.4% since 2016

Density: 75.2/km²

Dwellings: 182

Median household income: $55,200

After-tax: $52,800

Immigrant population: 12.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Sayward Elem-Jr SecondaryElementary5.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Campbell River (SD72)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$381.14
Total monthly cost$4,246.98
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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