Property Type: Detached HouseOwnership: Freehold

1586/1592 VANCOUVER BLVD

Savary Island, BC V0N2G0

$1,095,000

2 bed2 bath1,663 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
0.92 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,345

Interior

Heating
Propane, Other
Cooling / A/C
None
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Features
Other

Restrictions & Policies

Age / occupancy
Adult-oriented (no young children)

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
FoyerBasement
FoyerMain level
Living roomBasement
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomBasement
Primary BedroomMain level
2pc BathroomBasement
4pc BathroomMain level

Listing Information

MLS®
20130
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

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

Description

A truly special Savary Island custom built waterfront home, beautifully crafted on a rare double-wide lot with sweeping southern ocean views. Just over 1,600 sqft, this 2-bedroom post-and-beam home showcases exposed woodwork, solid fir floors and exceptional craftsmanship throughout. Expansive glazing fills the open living space with natural light and brings the outdoors in, while the thoughtful design makes the most of its setting. The main bathroom features a bath with a view and slate-tiled shower, while huge waterfront and rear decks extend the living space outside. Eagle's nest in a tree at the waterfront, and return each year to raise their young - remarkably, you can view this all happening through the living room skylight. A double shop provides storage and workspace, while an excellent solar package, deep well and septic make island living comfortable and practical. A wonderfully unique Savary property, built with care and designed to embrace its surroundings. (id:63159)

Values & Trends

This listing

$658/sqft

Building average

No other active listings in this building

Savary Island average

$627/sqft

20 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
James Thomson ElementaryElementary16.8 km
Henderson ElementaryElementary19.1 km
Secondaire BrooksSecondary19.4 km
Brooks SecondaryElementary19.4 km
Cortes Island SchoolElementary19.5 km
Cote-du-SoleilElementary/Middle22.1 km
Edgehill ElementaryElementary22.1 km
Assumption School(Independent)Elementary22.7 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: 7.7% ($84,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$876,000.00
Periodic payment — Principal & Interest (monthly)$5,651.65
Additional monthly expenses (strata, tax, utilities, etc.)$611.75
Total monthly cost$6,263.40
Interest paid over 5-yr term$251,064.12
Balance at end of term$787,964.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,770.39

Cash Needed at Closing

Minimum down payment$84,500
Estimated BC PTT$19,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,900

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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