Property Type: Land / LotOwnership: Freehold

1508 SAVARY ISLAND ROAD

Savary Island, BC

$199,900

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
17,859 square feet
Frontage
50 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,347

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
20106
Listed
August 2, 2026
Time on market
On the market for 29 days
Data last synced
August 28, 2026

Listing provided by: ROYAL LEPAGE POWELL RIVER · Data source: CREA DDF.

Description

Bring your coastal dreams to life on Savary Island! This deep 50' x 354' lot offers an exceptional canvas awaiting your vision. Perfectly positioned along Savary Island Road and bordering two streets, the property features convenient multiple access points to simplify building and site design. You are ideally situated to embrace everything this sunny paradise has to offer--from world-class white sand beaches and warm swimming waters to peaceful, off-grid island living. Whether you picture building a custom island retreat, a cozy summer cabin, or holding a pristine piece of West Coast land for the future, this property provides generous depth and dual-street accessibility to bring your ideal getaway to life.Renowned for its unique microclimate, sandy shores, and relaxed, golf-cart-paced community, Savary is the ultimate escape just a short water taxi ride from Lund. Don't miss this opportunity to secure your own piece of paradise and start building memories for generations to come! (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.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$159,920.00
Periodic payment — Principal & Interest (monthly)$1,031.75
Additional monthly expenses (strata, tax, utilities, etc.)$112.25
Total monthly cost$1,144.00
Interest paid over 5-yr term$45,833.53
Balance at end of term$143,848.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,460.30

Cash Needed at Closing

Minimum down payment$9,995
Estimated BC PTT$1,999
Legal / closing costs (typical estimate)$1,500
Total cash needed$13,494

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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