$475,000
LOT A Lord Rd, Galiano Island BC – Land for Sale – MLS® R3024070
LOT A Lord Road, Galiano Island, British Columbia V0N 1P0
474 days on the market
$450,000
Est. Mortgage $1,991/mo
Listing updated:
EstateBlock checked:
0
sqft
5.3% price reduction
Photos
Property Details for LOT A Lord Road
5.3% price reduction
This 5.76-acre property is a secluded, forested acreage at the south end of Galiano. It's located at the end of a country Road (Lord Road) , past Lord Community Park, which offers a loop trail through a cedar grove. The land is covered with mature fir and cedar trees, as the current owner has not disturbed the property for over 35 years. Situated in an area of large acreages, working farms, and historic farms, this property backs onto 134 forested acres. The zoning permits the construction of a main house, a detached guest cottage of up to 860 sq ft and additional accessory buildings. A roughed-in driveway leads to a drilled well and a potential house site. If you value tranquility, utmost privacy, and a rural setting, this property is the perfect place to build your dream home
Exterior Features
| Structures | Land Only |
|---|
Building Details
| Price | $450,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone Not Available, Cable Not Available |
| Water (WaterSource) | Well Drilled |
Lot & Land
| Lot Size | 5.76 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3024070 |
| Area | Islands-Van. & Gulf |
| Neighbourhood | Galiano Island |
| City | Galiano Island |
| Postal Code | V0N 1P0 |
| Gross Taxes | $2,636.77 |
| Zoning | RR |
Property Timeline
Listed by: Galiano Island Realty
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.
Map & Neighbourhood
Private Schools
- Elementary, Secondary
- Southpointe Academy
- Above Average 27.8 km
- Elementary, Secondary
- Southpointe Academy
- Above Average 27.8 km
Closest Transit
- Bus Stop
- Long Harbour Rd at Scott Point Dr (WB)
- 6.9 km
- Skytrain
- Skytrain @ Brighouse Stn
- 36.25 km
Crime Rate
- Total Crime Rate
- Low
- Violent Crime Rate
- Low
- Property Crime Rate
- Low
Demographics
- Post-Secondary Education
- Above Average 34.1%
- No Certificate/Degree
- Below Average 9.1%
- Owner Occupied
- Below Average 35.2%
- Employment Rate
- Below Average 23.4%
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
Sell Speed & Competition
62 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $494,100
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 36.25 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GALIANO ISLAND compares
This property
474 DOM
Galiano Island avg
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Galiano Island avg
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LOT A Lord Road has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.8% below comparable active properties in Galiano Island, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Nearby Restaurants, Cafes & Shops
Shopping (1 nearby)
- Galiano island soap works · 926 m · Gift Shop
Walkability & Transit Near LOT A Lord Road
Car-Dependent
0
Walk Score - Car-Dependent
Almost all errands require a car
Some Transit
0
Transit Score - Minimal Transit
It is possible to get on a bus
Somewhat
Bikeable 17
Bikeable 17
Bike Score - Somewhat Bikeable
Minimal bike infrastructure
Mortgage Calculator for LOT A Lord Road
/month
Principal & Interest
Property Taxes
$220
Maintenance fee
0
Financing 80% of the $450,000 asking price over 30 years at 4% results in approximately $1,939/month in total estimated carrying costs, $220 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,778/month in rental income, leaving a -$236/month cashflow at current carrying costs. Investors targeting break-even would need roughly 31% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for LOT A Lord Road, Galiano Island
Buy Vs Rent Calculator
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/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
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Principal paid off by year 5
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Principal paid off by year 10
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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.
Price vs Neighbourhood Average — Galiano Island, Galiano Island
This Home
$450,000
Galiano Island
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Galiano Island
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Based on 13 comparable active properties in Galiano Island, the average asking price is $498,833. This listing is priced 9.8% below the neighbourhood average. This property is flagged as a Hot Deal (5.3% price reduction) 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
