894 Schooner Lane, Bowen Island, BC, MLS® R2990435

$2,295,000
Est. Mortgage /mo

$2,295,000
Est. Mortgage /mo
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
3 Beds
3 Baths
2 Stories
lot 40075 sqft
2436 sqft
2001 built
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Street view
Schools
Crime
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894 Schooner Lane, Bowen Island, BC | MLS® R2990435 Property Details

SPECTACULAR Water Views of the Sunshine Coast! Welcome to 894 Schooner Lane, near Bluewater and Bowen Bay beaches, this quiet and private sanctuary sits high atop the Bluewater community of the island. This well designed home offers relaxation and a practical layout. The main level has an open floor plan, with AMAZING VIEWS from the family room, living room, kitchen & primary bedroom. Two spacious bedrooms and a flex room are on the upper level, along with a 477sqft detached garage and workshop/studio. Significant storage, along with a charming gazebo, and substantial unfinished crawl space. Multiple decks and patios offer endless west views of Keats Island, Pasley Island, the Sunshine Coast, & Howe Sound. Enjoy nautical activity & unforgettable sunsets while living the Bowen lifestyle.

General Info

Price $2,295,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2436
Lot Size 40075
Lot Size Depth Feet
Lot Size Frontage 0
Basement Crawl Space, Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 2001
Age Of Building 24
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2990435
Area Bowen Island
Neighbourhood Bowen Island
City Bowen Island
Gross Taxes $9,372.97
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Electric, Heat Pump, Propane
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Garage Single, Front Access, Side Access, Aggregate, Gravel
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning SR2
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Storage, Pantry, Central Vacuum, Vaulted Ceiling(s)
Locker -
View 1
View Description Ocean + Keats & Pasley Islands
Units In Development -
Exterior Features Balcony
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver

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 Info

Private Schools

Elementary, Secondary
Mulgrave School
16.23 km
Rating 9.7/10
Elementary, Secondary
Mulgrave School
16.23 km
Rating 9.7/10

Closest Transit

Translink
Southbound Spyglass Rd @ Windjammer Rd
0.38 km
Welcome to 894 Schooner Lane, a stunning property located in the heart of Bowen Island, BC.

As we walk through this charming neighborhood, you'll notice the proximity to excellent educational institutions. Mulgrave School, a highly-rated elementary and secondary independent school, is just 16.23 km from our home for sale at 894 Schooner Lane. With a rating of 9.7/10, this school offers a top-notch education that families appreciate. (1)

Crime rates in the area are remarkably low, with 117 reported disturbances in 2020, translating to a crime rate of 2,938.22 incidents per 100,000 population. This is considered a low rate compared to other Canadian cities, according to Statistics Canada's 2020 report. In fact, the year-over-year change in the total crime rate is a notable -5.60%. (2)

While exploring the neighborhood, you'll notice that drug crime rates are average, with an illegal substances offenses rating of 175.79. However, there were only 7 reported incidents in 2020, and the year-over-year change in the ranking is 0.00%. (3)

Property crimes are also low, with a rating of 1,255.65 and 50 reported incidents in 2020. The year-over-year change in the property misconduct rate is a significant -23.04%. (4)

Regarding public transportation, the closest Bus station is Southbound Spyglass Rd @ Windjammer Rd, located just 0.38 km away from our property at 894 Schooner Lane, MLS® R2990435. (5)

Now, let's take a closer look at the demographics of this wonderful community. 45.3% of residents hold a university certificate or degree, which is high compared to other BC neighborhoods. In contrast, 7.7% of the population in this area have no certificate or degree, a low number compared to the average in BC. (6)

In terms of median household income, residents in this neighborhood enjoy an above-average income of $89,856. This is significantly higher than the British Columbia average. Additionally, the median personal income is $39,632, also above average for the province. (7)

Unemployment rates in the area are low, at 2.6%, which is a competitive rate compared to other neighborhoods in the province. (8)

As we explore the community, you'll notice that population growth between 2011 and 2016 was 8.2%, a relatively high rate compared to average growth in this region. (9)

In terms of population density, the area around 894 Schooner Lane, Bowen Island, BC has a density of 73.4 people per square kilometer, which is below average compared to other regions. (10)

Average family sizes in the area are 2.8, which is below average compared to the whole region. However, 50.2% of families in this neighborhood have children, a below-average number. (11)

The average age of residents in this area is 44.6, which is above average compared to other BC cities. (12)

Average dwelling values in this neighborhood are $942,977, which is high compared to other areas in British Columbia. (13)

In terms of housing costs, owners in this area spend an average of $1,569 per month, while tenants pay an average of $1,397. (14)

17.7% of the population in this area are renters, which is average compared to other BC cities and areas. (15)

Lastly, language proficiency in the area is predominantly English, with 87.1% of residents speaking only English. However, 12.8% of residents are bilingual, speaking both English and French. (16)

As you can see, this neighborhood offers a unique blend of education, safety, and community amenities. With its stunning natural beauty and proximity to Vancouver, Bowen Island is an ideal location for those seeking a peaceful yet connected lifestyle. Experience the best of both worlds at 894 Schooner Lane, MLS® R2990435.

References:

(1) Mulgrave School rating: 9.7/10 (2) Statistics Canada's 2020 report: Crime rates in Canada (3) Illegal substances offenses rating: 175.79 (4) Property misconduct rate: 1,255.65 (5) Southbound Spyglass Rd @ Windjammer Rd Bus station (6) University certificate or degree holders: 45.3% (7) Median household income: $89,856 (8) Unemployment rate: 2.6% (9) Population growth between 2011 and 2016: 8.2% (10

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,295,000
Bowen Island No comparables
Bowen Island No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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