Property Type: Detached HouseOwnership: Freehold

2777 CEDAR WAY

Savary Island, BC

$798,000

3 bed2 bath1,600 sqftBuilt 2003
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
10,890 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,366

Interior

Heating
Propane, Wood, Other, Other, Other, Other
Cooling / A/C
None
Fireplace
Yes (2)
Fireplace type
Wood, Conventional, Conventional, Propane

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
4pc BathroomMain level
BedroomMain level
BedroomAbove
BedroomMain level
2pc BathroomMain level
Laundry roomMain level

Listing Information

MLS®
19770
Listed
April 9, 2026
Time on market
On the market for 145 days
Data last synced
August 28, 2026

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

Description

Meticulously crafted, this stunning custom home sits on a quiet and private lot in Savary Shores, where quality workmanship and thoughtful design are evident at every turn. Built with exposed timber frame and beautiful log work throughout, the home also showcases solid fir floors milled directly from trees on the property, complemented by rich oak flooring in the main bedroom. The open-concept living, dining, and kitchen area is both warm and inviting, featuring vaulted ceilings, clear cedar panelling, stone countertops, and a striking live-edge bar--perfect for gathering with family and friends. Comfort is ensured year-round with two wood stoves and a propane wall furnace, offering flexibility and efficiency in every season. Outside, the property continues to impress with generous garden space, a substantial woodshed, and a dedicated workshop--ideal for storage, hobbies, or future projects. A true reflection of craftsmanship and care, in a peaceful Savary neighbourhood. (id:63159)

Values & Trends

This listing

$499/sqft

Building average

No other active listings in this building

Savary Island average

$635/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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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

Parks (1)

  • Ala Spit County Park · 5050 Geck Road718 m

Nearby places data: © OpenStreetMap contributors.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$638,400.00
Periodic payment — Principal & Interest (monthly)$4,118.74
Additional monthly expenses (strata, tax, utilities, etc.)$360.50
Total monthly cost$4,479.24
Interest paid over 5-yr term$182,967.28
Balance at end of term$574,242.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,800
Stress test qualifying rate8.09%
Payment you must qualify for$5,714.95

Cash Needed at Closing

Minimum down payment$54,800
Estimated BC PTT$13,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,260

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.

Request more information