762 Ridge Rd, Galiano Island BC - Other for Sale - MLS# R2813828

$850,000
Est. Mortgage $3,760/mo
Parker Island
0 Beds
0 Baths
160 sqft
5313 $ /sqft
1990 built
$850,000
Est. $3,760/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 762 Ridge Road

Private Waterfront lot on Parker Island. This 8.5-acre waterfront acreage offers 455ft. of low-bank shoreline—ideal for your island escape. Just minutes by boat from Montague Harbour, the property features a rustic 12' x 16' cabin with 200-amp service. Enjoy the essentials of island living with a drilled well, a private outhouse, an outdoor hot water shower, bunk beds in a cozy 10' x 10' pump house, and a soft hot tub. There is a waterfront sundeck, and a offshore buoy is possible. With zoning that allows for a future home and cottage, and convenient access to a community dock, barge landing, water, electricity, and a driveway already in place this is a great opportuinity to build your dream property.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Refrigerator, Microwave
Fireplace 0
Heating Type Electric
# of Kitchens 0
Flooring Other
Foundation None

Exterior Features

View Description Ocean
Roof Metal
Structures Residential Detached, Cabin

Building Details

Price $850,000
Total Bedrooms 0
Total Bathrooms 0
Full Bathrooms 0
Half Bathrooms 0
Floor Area Total (sqft) 160
Year Built 1990
Age Of Building 36
Building Type Other
Property Type Residential
Stories 1
Building Name Parker Island
Ownership Type Freehold NonStrata
Utility Type Electricity Connected
Utility Sewer None
Water (WaterSource) Well Drilled
Parking Type Open, Front Access, Driveway
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 8.5
MLS® # R2813828
Area Islands-Van. & Gulf
Neighbourhood Galiano Island
City Galiano Island
Postal Code V0N 1P0
Gross Taxes $1,646.8
Zoning R2

Property Timeline

Status Date Price
R2813828 / Active 09-13-2023 $850,000
Rooms
Floor Type Dimensions
Main Level Great Room 10' x 10' ft

Listed by: Hugh & McKinnon Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
Salt Spring Centre School
9.05 km
Secondary
Penelakut Island Learning Centre
20.5 km

Closest Transit

Bus Stop
Long Harbour Rd at Scott Point Dr (WB)
4.63 km
Skytrain
Skytrain @ Brighouse Stn
37.24 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Low

Demographics

Post-Secondary Education
Above Average
34.1%
No Certificate/Degree
Below Average
9.1%
Owner Occupied
Below Average
35.2%
Employment Rate
Below Average
23.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 37.24 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GALIANO ISLAND compares
This property
1030 DOM
Listed
Galiano Island avg
Galiano Island avg

762 Ridge Road has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 762 Ridge Road

Walkability & Transit Near 762 Ridge Road

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
11

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 762 Ridge Road

/month
Principal & Interest
Property Taxes $137
Maintenance fee 0
A 20% down payment of $170,000 on this $850,000 listing yields an estimated mortgage of $3,246/month (30-year fixed, 4%). Total estimated housing cost: $3,383/month, $137 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $3,023/month in estimated rental income against $3,524/month in mortgage payments, the monthly cashflow is -$501/month. A 33% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Galiano Island, Galiano Island

Beds Home Types Square Feet Lot Size Year Built
This Home $850,000
Galiano Island Loading...
Galiano Island Loading...

No active comparable properties are currently available for this property type in Galiano Island. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 762 Ridge Road

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
11

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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