Property Type: Detached HouseOwnership: Freehold

940 HANSON LANE

Savary Island, BC V0N2G0

$1,099,000

4 bed2 bath1,787 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
9,060 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,255

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
3pc BathroomMain level
3pc BathroomMain level
BedroomMain level
BedroomAbove
BedroomMain level
Laundry roomMain level

Listing Information

MLS®
19512
Listed
November 21, 2025
Time on market
On the market for 284 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Here is your opportunity to purchase walk on waterfront at Indian Point on sunny Savary Island. Words cannot describe the stunning ocean views from this lovely home. Built in 1992 by a local builder. The Gebhardt family have enjoyed 30 magical years at this little piece of paradise. Being on the waterfront gives you a front row seat to sunsets, star gazing and the northern lights. The Livingroom, kitchen and dining room all have an open concept with vaulted ceiling and open beams. A free-standing propane fireplace gives you somewhere in the winter to curl up and watch the storms or maybe even some whales passing by. Master bedroom also has vaulted ceiling, private bathroom and yes, that amazing view. Three more bedrooms gives you lots of room for guests, total of 2 full bathrooms and an outdoor shower. Decks both in the front and back of the house for your outdoor entertaining. Bonus workshop on property that could easily be turned into a guest bunkie. (id:63159)

Values & Trends

This listing

$615/sqft

Building average

No other active listings in this building

Savary Island average

$629/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
Cortes Island SchoolElementary15.4 km
Miracle Beach ElementaryElementary21.2 km
James Thomson ElementaryElementary22.3 km
Navigate AcademyElementary23.5 km
Ocean Grove ElementaryElementary24.1 km
Henderson ElementaryElementary24.4 km
Brooks SecondaryElementary24.7 km
Secondaire BrooksSecondary24.7 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% ($84,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,200.00
Periodic payment — Principal & Interest (monthly)$5,672.30
Additional monthly expenses (strata, tax, utilities, etc.)$360.25
Total monthly cost$6,032.55
Interest paid over 5-yr term$251,981.25
Balance at end of term$790,843.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,798.07

Cash Needed at Closing

Minimum down payment$84,900
Estimated BC PTT$19,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,380

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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