Property Type: Land / LotOwnership: Freehold

1311/1315 TENNYSON RD

Savary Island, BC V8A0G7

$249,000

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Property Details

Property & Lot

Lot size
irregular

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$809

Interior

Fireplace
None

Listing Information

MLS®
20085
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (CR) · Data source: CREA DDF.

Description

Two TITLES, one with a drilled well tucked in the quiet forests of Savary Island, a short walk from trails leading to the beach, these two adjacent lots already have a drilled well in place. This is a real head start on an island that runs off-grid, on solar and septic. Two separate titles give you flexibility: build one home and keep the second lot for a guest cabin, invite family to build alongside you, or sell it down the road. Savary is known as the Hawaii of the North, a crescent-shaped island with warm shallow water and miles of white sand beach, some of the warmest swimming north of Mexico. No bears, cougars, or raccoons, just deer, eagles, and otters, and a pace of life islanders protect fiercely. Reached by water taxi, boat, or floatplane from Lund, with a public wharf and regular service. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Savary Island average

$17/sqft

1 active listing(s)

Parking: Not indicatedStorage 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: Powell River

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 100%

Wind NE 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Cortes Island SchoolElementary16.9 km
James Thomson ElementaryElementary21.2 km
Miracle Beach ElementaryElementary21.4 km
Navigate AcademyElementary22.9 km
Henderson ElementaryElementary23.2 km
Secondaire BrooksSecondary23.5 km
Brooks SecondaryElementary23.5 km
Huband Park ElementaryElementary24.7 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: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,200.00
Periodic payment — Principal & Interest (monthly)$1,285.17
Additional monthly expenses (strata, tax, utilities, etc.)$67.42
Total monthly cost$1,352.59
Interest paid over 5-yr term$57,091.29
Balance at end of term$179,181.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,818.99

Cash Needed at Closing

Minimum down payment$12,450
Estimated BC PTT$2,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,930

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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