LOT 18 Cotton Point, Keats Island, BC, MLS® R2982096

$550,000
Est. Mortgage /mo

Below Assessment Value

$550,000
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
2 Beds
1 Baths
2 Stories
lot 74923 sqft
644 sqft
2000 built
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Schools
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LOT 18 Cotton Point, Keats Island, BC | MLS® R2982096 Property Details

Below Assessment Value

Howe Sound’s lowest-priced freehold 1.7-acre, 2-bedroom, 1-bathroom, waterfront cabin—and it’s ready for August. Move right into this furnished Keats Island cabin and enjoy the rest of summer from your 500 sqft oceanfront deck as whales pass by and sunsets light up the coast. This well-kept off-grid retreat features soaring ceilings, a propane stove/fridge, rainwater system with two large tanks, plus tools and essentials to get you started. A new mooring buoy provides easy boat access, and nearby private docks hint at future value with permitting potential. Priced $123K below BC Assessment, this rare package offers immediate enjoyment and long-term upside.

General Info

Price $499,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 644
Lot Size 1.72
Lot Size Depth Feet
Lot Size Frontage 158.7
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2000
Age Of Building 25
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Refrigerator, Stove, Freezer
Building Features BuildingFeatures
Structures Residential Detached, Cabin

Additional Details

MLS # R2982096
Area Sunshine Coast
Neighbourhood Keats Island
City Keats Island
Gross Taxes $2,391.97
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type None
Utility Sewer Septic Tank
Water (WaterSource) Other

Parking

Parking Type None
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RR
Rental Suites -
# of Kitchens 0
Flooring Hardwood
Foundation Block
Interior Features Vaulted Ceiling(s)
Locker -
View 1
View Description Stunning Waterfront Views
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Septic Tank
Roof Metal

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

Closest Transit

Sunshine Coast F
Marine 1030 block (NB)
3.61 km
Welcome to LOT 18 Cotton Point, Keats Island, BC - A Hidden Gem on the Water

As we walk through the charming community of LOT 18 Cotton Point, you'll discover a unique blend of natural beauty and small-town charm. Located on the picturesque Keats Island, this real estate listing, MLS# R2982096, offers a tranquil retreat from the hustle and bustle of city life.

Education

Just a short drive away, you'll find Mulgrave School, a highly-rated independent school with a 9.7/10 rating. This esteemed institution is just 18.79 km from LOT 18 Cotton Point, making it an excellent choice for families who value a top-notch education.

Safety

According to the latest crime statistics from Statistics Canada (2020), LOT 18 Cotton Point is a safe and secure community. With a crime rate of 5,409.81, which is below average compared to other Canadian cities, you can feel confident in your decision to live here. Plus, the illegal substances offences rating is a mere 47.96, indicating a low incidence of drug-related crimes.

Demographics

This neighbourhood boasts an above-average percentage of residents with university certificates or degrees (27.9%), while only 8.2% of the population has no certificate or degree, which is lower than the average in BC. The median household income of $68,813 is average compared to other BC neighbourhoods, and the median personal income of $34,912 is also average. Additionally, 42.5% of households have a mortgage, which is lower than the average.

Transit

The nearest bus station, Marine 1030 block (NB), is just 3.61 km away from LOT 18 Cotton Point, making it convenient for commuters. You can easily access the city and other areas without worrying about traffic or parking.

Lifestyle Amenities

LOT 18 Cotton Point is surrounded by stunning natural beauty, with parks, beaches, and trails just a short walk or bike ride away. You'll also find a variety of amenities, including grocery stores, restaurants, coffee shops, and hospitals nearby. Whether you're an outdoor enthusiast or simply looking for a relaxing atmosphere, this community has something for everyone.

Real Estate Context

The average value of dwellings in LOT 18 Cotton Point is a staggering $683,881, which is high compared to other areas in British Columbia. However, the average owner payments are below average, with homeowners spending an average of $992 per month on their properties. Tenants, on the other hand, are paying an average of $1,052 per month, which is average compared to other cities.

Community

LOT 18 Cotton Point is a close-knit community with a strong sense of belonging. With an average age of 49.5, this neighbourhood is home to a mature and established population. You'll find a mix of families, couples, and retirees, with 35.8% of families having children, which is lower than the average. However, 62.8% of residents are married or living common law, which is above average.

Getting Around

The majority of residents in LOT 18 Cotton Point use cars to get around, with 77% of the population driving. However, 13% of residents use public transport, and 4.3% walk, while 1.9% use bicycles, which is above average.

In conclusion, LOT 18 Cotton Point, Keats Island, BC, MLS# R2982096, is a unique and charming community that offers a tranquil retreat from the hustle and bustle of city life. With its stunning natural beauty, excellent schools, and safe and secure environment, this neighbourhood is an excellent choice for families, couples, and retirees alike.

Please note: All data and statistics are based on the latest available information from credible sources, including Statistics Canada and other government reports.

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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 $550,000
Keats Island No comparables
Keats 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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