Listing Stats Update - Parcel A Lot 11 Thain - May 2

May22024

Your Listing Update

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Whatsuniqueaboutthetimeweareinnowishowmanypricedecreaseswearehavingalongwitha surplusoflistingscomingonthemarket.Youcanseethatnowhomesaresellingoveraskingaswell, whichjustfiredupafewweeksago.Thesehomeswerepricedrightandaregenerallythe“creampuff” listings.

USEDCOWICHAN

Considering the Real Estate Board Statistics, this is what the value of your lot is today:

$502,250=$467,921

$700,000=$x

x=$652,154.70

APRIL 2022

Sold Price: $599,900 $700,000

Layout:

Bedrooms: 0

Bathrooms: 0

Kitchens: 0

Fireplaces:

Fin Sqft:

Unfin Sqft: Interior Features: Appliances

Included:

Heating:

Roof: Foundation:

Parking: Driveway, Open, RV Access/Parking DOM: 5

Exterior

Features:

Lot Size: 55,757sqft / 1.28ac

Built (est):

Basement: Park Spcs: 6

Rare & exceptional 1.28 acre oceanfront building lot in stunning Stoney Hill. Within moments of renowned Stoney Hill Park with outstanding hiking, quaint Genoa Bay Seaside Restaurant & Maple Bay with multiple amenities including Harbour Air Seaplanes, a location such as this is truly special. Greeted by a custom steel gate this property welcomes you into a selectively treed surrounding complete with rough-in driveway, partial landscaping & world class ocean views looking over Mount Maxwell ecological reserve land on Salt Spring Island. These views are here to stay. As part of the sale there is an included sea can & RV with attached steel framed bunkie to enjoy the property as it is right now or to give you a comfortable place to stay & keep items secure while you build your dream. Upcoming zoning by-law changes in June/30/2024 give an opportunity to build a primary residence with a secondary suite or an accessory dwelling unit. Buyer to verify zoning/bylaw changes. No GST.

Layout: Bedrooms: 0

Bathrooms: 0

Kitchens: 0

Fireplaces:

Fin Sqft:

Layout:

Bedrooms: 0

Bathrooms: 0

Kitchens: 0

Fireplaces:

Fin Sqft:

Unfin Sqft: Interior Features: Appliances Included:

Lot Size: 306,662sqft / 7.04ac

Basement: Park Spcs: 4

Built (est): Heating:

Parking: Additional

Over 7 acres of very accessible land that wil allow for 2 residences ( see A2 zoning) . In addition there are two garages already framed up with loft areas for your use. Much work has already been done on the property (clearing and fireproofing) and there are lots of good building areas. In addition there are already 2 drilled wells for your use. There are great panoramic views from this rare offering. This would be great for a family or someone wanting a home and revenue property While GST is applicable - GST is included in the listing price

Layout:

Bedrooms: 0

Bathrooms: 0

Kitchens: 0

Fireplaces:

Fin Sqft:

Unfin Sqft: Interior Features: Appliances Included:

Heating:

Roof: Metal Foundation:

Parking: Driveway Fenced

Exterior Features:

Lot Size: 107,593sqft / 2.48ac

Built (est):

Basement: Park Spcs: 6

Beautiful sunny 2.47 acres with southern exposure to build your dream home. This property has a proven water source through a 10 gallon per minute well. Lovely area. Completely fenced with 2 gated entrances and gravel driveway, leading down to a steel construction workshop with a 13 foot ceiling, wired with 220V and 100 amp service. The property has a great building site with views of the local mountains, and very low property taxes due to farm status. The workshop is currently rented commercially at $525.00 pm plus hydro. The rental agreement expires June 16 2024 but he would like to stay on if possible. Note: This is not a residential rental agreement it is commercial and it expires soon. It may be possible to maintain farm status by continuing to grow the trees.