Property Type: Land / LotOwnership: Freehold

Lot 23 SAKINAW DRIVE

Garden Bay, BC V0N1S1

$539,000

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Property Details

Property & Lot

Lot size
1.81 acres
Frontage
274 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,078.49 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3120672
Listed
May 7, 2026
Time on market
On the market for 117 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Private Acreage with Breathtaking Ocean Views. This stunning west facing 1.81 acre lot is located in the prestigious area of Sakinaw Ridge. The survey and geotechnical assessment has been done and the land is ready to be developed with the home of your dreams with water, electricity & community septic available. Surrounded by serene west coast wilderness yet just up the road from Daniel Point (home to several PNE prize homes) with a building scheme in place to protect your investment. This Garden Bay neighbourhood has endless recreational activities. Enjoy one of many lakes in the area, hike up Mt Daniel, go boating, play golf, fish, or simply relax and put your feet up & enjoy the peace and quiet. Are you ready to live the Sunshine Coast lifestyle? Call for more info today. (id:63159)

Location Insights

Weather

Nearest station: Sechelt

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Madeira Park ElementaryElementary4.2 km
Pender Harbour Elem-SecondaryK-127.5 km
False Bay SchoolK-1222.3 km
Halfmoon Bay ElementaryElementary22.6 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: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,200.00
Periodic payment — Principal & Interest (monthly)$2,781.96
Additional monthly expenses (strata, tax, utilities, etc.)$173.21
Total monthly cost$2,955.16
Interest paid over 5-yr term$123,583.16
Balance at end of term$387,865.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,922.49

Cash Needed at Closing

Minimum down payment$28,900
Estimated BC PTT$8,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,180

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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