Foreclosures, 32.1% price reduce

DL 4055 E Dark Cove Jervis Rd, Madeira Park, BC

$2,650,000
Est. Mortgage /mo

MLS® R2875472

2 Beds
1 Baths
1600 sqft
1656 $ /sqft
1985 Built
$2,650,000
$3,905,000
Est. /mo with 20% down
$1,656/sqft · Tax $6,224/2023
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

Property Details & Specs

Foreclosures 32.1% price reduce

136 acre oceanfront property located in Jervis Inlet for sale by way of Court Order. 4,150 feet of quality low bank frontage within a protected bay. The property was rezoned in 2005 from RU-2 to CD-5. CD-5 Zoning permits a wide range of uses including resort hotel, spa, restaurant, pub & marina. Improvements include a 1,600 sf log home and a small guest cabin. This property is well suited for a resort development, large corporate or special interest group retreats, family estate or longterm holding property. It is water access only, 15-20 minutes by boat from Egmont or 2.5 hours from Vancouver. Call to book your appointment to view today!

General Info

Price $2,650,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1600
Lot Size 136.1
Lot Size Depth Feet
Lot Size Frontage 4150
Basement None
Basement Features -

Property Metrics

Year Built 1985
Age Of Building 40
Building Type Single Family Residence
Property Type Residential
Stories 1
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2875472
Building Name -
Area Sunshine Coast
Neighbourhood Pender Harbour Egmont
City Madeira Park
Postal Code V0N 2H4
Price per Sqft $1,656
Gross Taxes $6,223.66
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Wood

Utilities

Utility Type None
Utility Sewer None
Water (WaterSource) Other

Parking

Parking Type None
Total Parking Spaces -
Listed by: Landquest Realty Corporation & Landquest Realty Corporation

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.

Neighborhood & Transit Info

Private Schools

Elementary
Assumption School
39.47 km
Secondary
Coast Mountain Academy
63.24 km

Closest Transit

Bus Stop
Hwy 101 at Jenkinson (WB)
15.64 km
Skytrain
Skytrain @ Burrard Stn
84.97 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
22%
No Certificate/Degree
Above Average
16.3%
Owner Occupied
Below Average
39%
Employment Rate
Below Average
25%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $519
Maintenance fee 0
Financing 80% of the $2,650,000 asking price over 30 years at 4% results in approximately $10,640/month in total estimated carrying costs, $519 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $6,677/month in rental income, leaving a -$4,183/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,650,000
Madeira Park Loading...
Pender Harbour Egmont Loading...
This listing has no active comparable properties in Madeira Park at present. The price evaluation chart will update as similar listings become available. This property is flagged as a Hot Deal (Foreclosures, 32.1% price reduce) based on its competitive pricing and market demand.
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

Property FAQs

What are the closest top-rated schools to DL 4055 E Dark Cove Jervis Road, Madeira Park, BC?

Is DL 4055 E Dark Cove Jervis Road, Madeira Park, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for DL 4055 E Dark Cove Jervis Road, Madeira Park, BC?

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

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