Property Type: Detached HouseOwnership: Freehold

964 SAVARY ISLAND RD

Savary Island, BC

$329,900

1 bed1 bath900 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Lot size
9,147 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,637

Interior

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

Room Dimensions

RoomLevelDimensions
Living roomMain level
Primary BedroomMain level
3pc BathroomMain level
WorkshopMain level
DenMain level

Listing Information

MLS®
20020
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX POWELL RIVER · Data source: CREA DDF.

Description

Located in desirable Indian Point, just a short walk to the beach and public boat launch, this solidly built 33' x 26' cabin is finished to lock-up and ready for your vision. The 12' x 24' shop is the perfect place to stage your renovation, then convert it into a bunky, guest space, or dream workshop. Both buildings are on full concrete foundations with a well and septic already in place. Access from both Savary Island Road and Sommerset Lane. The main level features 1 bedroom, a spacious bathroom, and 2 wood stoves, while the full basement offers room for additional bedrooms or a recreation area. A fantastic opportunity to create your ideal island getaway in one of Savary's most sought-after locations. Easy to view call to set up a viewing. (id:63159)

Values & Trends

This listing

$367/sqft

Building average

No other active listings in this building

Savary Island average

$642/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.

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (strata, tax, utilities, etc.)$181.42
Total monthly cost$1,884.14
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,409.97

Cash Needed at Closing

Minimum down payment$16,495
Estimated BC PTT$4,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,593

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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