786 Hayes Road

General property description

Arbutus Ridge is quickly becoming the place to be if you love contemporary architecture in a stunning setting of tall Douglas Firs & rocky outcrops. This 1.0 acre building lot is in its natural state which allows you to keep as many trees as you want for privacy, or thin them out to let in some more light – you choose. Currently, the property has beautiful filtered light all day long. Sunsets create vignettes that beg to be subjects of paintings. The terrain is gently sloping with a prominent rock bluff at the SE corner. A SHARED SEPTIC FIELD is already installed on a nearby property with connection at the lot line. 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

$3,325

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$2,891

Property tax

$285

P&I

Tax

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $125,000 down (20%) on $625,000, 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.