2924 MALASPINA PROMENADE
Savary Island, BC V0N2G0
$1,499,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,712 square feet
- Frontage
- 50 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,446
Interior
- Fireplace
- Yes (2)
- Fireplace type
- Wood, Conventional, Conventional, Propane
Exterior & Lot
- Waterfront
- Waterfront on ocean
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Above | — |
| Kitchen | Above | — |
| Primary Bedroom | Above | — |
| 3pc Bathroom | Above | — |
| Other | Main level | — |
| Other | Above | — |
| Bedroom | Main level | — |
| Bedroom | Other | — |
| 3pc Bathroom | Main level | — |
| 2pc Bathroom | Above | — |
| 3pc Bathroom | Other | — |
| Laundry room | Main level | — |
| Bedroom | Other | — |
| Bedroom | Other | — |
Listing Information
- MLS®
- 19791
- Listed
- April 14, 2026
- Time on market
- On the market for 139 days
- Data last synced
- August 28, 2026
Listing provided by: SAVARY ISLAND REAL ESTATE CORP · Data source: CREA DDF.
Description
Ultimate luxury on Sunny, Sandy, Savary Island. Composed of 2 separate buildings, this remarkable waterfront home boasts 5 bedrooms and 4 bathrooms, offering a spacious and comfortable living environment. With its walk-on-waterfront location the beach is just steps away from your front door with a small deck beach-side and room out front to moor your boat. Water Taxi and Float Plane service are just down the road, providing easy access to your island getaway. The indoor-outdoor living concept seamlessly blends the interior and exterior spaces. Glass sliders open the living room to the outside, allowing you to enjoy the refreshing ocean breeze and the sights and sounds of the island. The spacious deck has a huge BBQ and fire pit, perfect for entertaining while you take in the ocean views. With upscale appliances, immaculate finishing, and spa like bathrooms this is your luxurious island getaway. Come see for yourself what makes this property so special. Vendor Financing available. (id:63159)
Values & Trends
This listing
$662/sqft
Building average
—
No other active listings in this building
Savary Island average
$627/sqft
20 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| James Thomson Elementary | Elementary | 16.7 km |
| Henderson Elementary | Elementary | 19.0 km |
| Secondaire Brooks | Secondary | 19.3 km |
| Brooks Secondary | Elementary | 19.3 km |
| Cortes Island School | Elementary | 19.6 km |
| Edgehill Elementary | Elementary | 22.1 km |
| Cote-du-Soleil | Elementary/Middle | 22.1 km |
| Assumption School(Independent) | Elementary | 22.6 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.