1701 Joan Audrey Lane

General property description

This very special 1.45 acre building lot on the sunset side of the island is the largest property currently available in the new Arbutus Ridge development. It has multiple cleared areas already prepped for your custom architectural home. Many tall trees still remain, however, creating a serene and private setting with distant coastal views. There is even an old-growth Douglas Fir that still stands proud. With the long, gently sloping driveway that’s in place you have easy access to most of the 1.45 acres to develop as you wish. Included is a classic 1970s travel trailer, and a large woodshed. Walk to King Edward Bay Beach in about 10 minutes, where a private mooring buoy awaits (included). Forest bathe for hours with hiking with trails at your doorstep.

Mortgage estimate

Tax from listing

Est. monthly total

$4,041

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$3,585

Property tax

$306

P&I

Tax

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Jessica Kuan

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $155,000 down (20%) on $775,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.