Property Type: Detached HouseOwnership: Freehold

1856 BALSAM CRESCENT

Masset, BC V0T1M0

$629,000

4 bed2 bath1,904 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
12,594 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,668.01 (2025)

Interior

Basement
Finished, Full
Heating
Electric
Fireplace
None

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Detached Garage, RV

Room Dimensions

RoomLevelDimensions
Utility roomMain level
FoyerMain level
Enclosed porchMain level
Bedroom 2Upper Level
Recreational, Games roomBasement
Living roomMain level
Enclosed porchMain level
Bedroom 3Upper Level
Dining roomMain level
OtherMain level
Bedroom 4Upper Level
KitchenMain level
OtherUpper Level
Bedroom 5Main level
Enclosed porchMain level

Listing Information

MLS®
R3093058
Listed
February 24, 2026
Time on market
On the market for 188 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Embrace the ultimate Haida Gwaii lifestyle in this beautifully updated two-storey residence, set on a generous 12,594 sq. ft. lot in the heart of Masset. This property is a true sanctuary, featuring a lush, established garden and a vibrant greenhouse ready for your green thumb. The home offers a cozy, modern interior with a layout designed for comfort. The private backyard is an entertainer's dream, boasting a large covered patio and a manicured lawn. For the adventurer, the massive detached workshop provides incredible space for boat and RV storage. Located steps from village amenities and the marina, this home perfectly blends convenience with a serene, private setting. All tools, equipment, furniture neogtiable. . OPEN HOUSE JUNE 14 From 1-3pm (id:63159)

Values & Trends

This listing

$330/sqft

Building average

No other active listings in this building

Masset average

$345/sqft

7 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

Cloudy

12°C

Cloudy

Humidity 97%

Wind S 8 km/h

Tonight

12°

Tuesday

14°

Tuesday night

13°

Wednesday

18°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

838

(2021 Census)

+5.7% since 2016

Density: 40.5/km²

Dwellings: 518

Median household income: $67,000

After-tax: $59,600

Immigrant population: 7.5%

Top countries of origin (% of total population)

  • Philippines2.4% · 20
  • United States of America1.8% · 15

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

4/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Villager Cafe381 m
  • Sushi Yokohama406 m
  • Charters Restaurant562 m
  • Golden Pam Cafe575 m
  • The 626655 m

Cafes (1)

  • The Ground545 m

Grocery (1)

  • Co-op Masset Food Store · 1562 Main Street595 m

Banks & ATMs (2)

  • Unnamed425 m
  • Northern Savings Credit Union436 m

Nearby places data: © OpenStreetMap contributors.

School district: Haida Gwaii (SD50)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$503,200.00
Periodic payment — Principal & Interest (monthly)$3,246.48
Additional monthly expenses (strata, tax, utilities, etc.)$400.67
Total monthly cost$3,647.14
Interest paid over 5-yr term$144,218.57
Balance at end of term$452,630.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,545.35

Cash Needed at Closing

Minimum down payment$37,900
Estimated BC PTT$10,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,980

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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