Lot 2 Innisfree Lane, Bowen Island, BC, MLS® R3049725

$1,350,000
Est. Mortgage /mo

10.0% price reduction

$1,350,000
$1,500,000
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
0 Stories
$ 0 Maint. Fee
0 sqft
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Lot 2 Innisfree Lane, Bowen Island, BC | MLS® R3049725 Property Details

10.0% price reduction

The Bluffs at Innisfree Lane is the third phase of Bowen's popular Evergreen development, offering some of the island's most breathtaking views—arguably the best on the west side of the island. Like the other phases, sustainability, green spaces, and a sense of belonging permeate throughout, as do the sunsets and crickets' song. The development is tied in with the Cross Island Trail via the Handlogger’s and Mt Gardner hikes. Nearby path wanders down to Bowen Bay Beach below. Lot 2 is an expansive 1.6 acre offering, featuring an unobstructed view out to Worlcombe Island, the Salish Sea and Gabriola/Vancouver Island in the distance. A flat and easy build site sits above ample sunny gardening spaces. Drilled well in place, services at the lot line, and a septic field already installed.

General Info

Price $1,350,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 1.68
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3049725
Area Bowen Island
Neighbourhood Bowen Island
City Bowen Island
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Septic Tank, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Well Drilled

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CD12
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Stunning w-facing Salish Sea
Units In Development -
Exterior Features Private Yard

Property History

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Status Date Price

Listed by: Macdonald 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.

Neighborhood Info

Private Schools

Elementary, Secondary
Mulgrave School
15.56 km
9.7/10
Excellent
Elementary, Secondary
Mulgrave School
15.56 km
9.7/10
Excellent

Closest Transit

Bus Stop
Eastbound Adams Rd @ Bowen Bay Rd
0.66 km
Skytrain
Skytrain @ Burrard Stn
22.58 km

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

Welcome to the charming community of Bowen Island, where the serene beauty of nature meets the convenience of modern living. I'm your trusted realtor, and I'm excited to guide you through the highlights of this exceptional property located at Lot 2 Innisfree Lane, Bowen Island, BC, MLS® R3049725.

Let's start with the excellent educational opportunities in the area. Families love this neighborhood because of its proximity to top-rated schools. The closest Elementary independent school to this home is Mulgrave School, rated 9.7/10 and located just 15.56 km away. Similarly, the closest Secondary independent school is also Mulgrave School, with the same impressive rating and distance.

Moving on to crime statistics, I'd like to reassure you that this neighborhood is a safe and secure place to call home. According to Statistics Canada's 2020 report, the area surrounding Lot 2 Innisfree Lane, Bowen Island, BC has a low crime rate, with only 117 disturbances reported. The overall crime rate of 2,938.22 incidents per 100,000 population is significantly lower than the national average, making this community an attractive choice for families and individuals alike. Additionally, the year-over-year change in the total crime rate is a remarkable -5.60%, indicating a continued decline in crime rates in this area.

Regarding property crimes, the neighborhood surrounding Lot 2 Innisfree Lane, Bowen Island, BC has a low rate of 1,255.65 incidents per 100,000 population, with a notable decrease of 23.04% in the past year. This low rate of property misconduct provides residents with peace of mind and a sense of security.

For those who prioritize convenience and accessibility, the closest Bus station is Eastbound Adams Rd @ Bowen Bay Rd, located just 0.66 km away from this property, making it easy to commute to nearby cities and amenities.

Now, let's take a look at the demographics of this thriving community. Approximately 45.3% of residents in this neighborhood hold a university certificate or degree, which is significantly higher than the average in British Columbia. Conversely, only 7.7% of the population in this area have no certificate or degree, indicating a well-educated and skilled community.

In terms of income, the median household income is $89,856, which is above average compared to other areas in British Columbia. The median personal income is also $39,632, which is above average, indicating a stable and thriving economy in the area. Furthermore, 58.4% of households in this neighborhood have a mortgage, which is average compared to other neighborhoods in the region.

Unemployment rates in this area are also noteworthy, with a low rate of 2.6%, making it an attractive choice for professionals and families looking to establish roots in a stable community.

This neighborhood is also experiencing rapid growth, with a population change of 8.2% between 2011 and 2016, which is higher than the average growth rate in the region. The population density per square kilometer is 73.4, which is below average, indicating a spacious and peaceful living environment.

In terms of family dynamics, the average size of families in this area is 2.8, which is below average compared to other regions. However, 50.2% of families in this neighborhood have children, which is below average, but still a significant number. Moreover, 68.6% of the population is married or living in common-law relationships, which is a high percentage.

The average age of the population in this area is 44.6, which is above average compared to other cities in British Columbia. This indicates a mature and established community with a strong sense of stability and security.

When it comes to real estate values, the average value of dwellings in this neighborhood is $942,977, which is high compared to other areas in British Columbia. The average owner payments are also high, with owners spending an average of $1,569 per month on their dwellings. Tenants in this area are also paying a high average rent of $1,397 per month.

Interestingly, 17.7% of the population in this area is renting, which is average compared to other cities and neighborhoods in British Columbia.

In terms of language, 12.8% of the population in this area speaks both English and French, which is above average. However, 87.1% of the population speaks only English, which is below average. Finally, 0.1% of the population speaks neither English nor French, which is low compared to other areas in British Columbia.

Finally, let's talk about transportation. Approximately 21.1% of the population in this area uses public transportation, which is above average. However, 66.4% of the population relies on cars, which is low compared to other areas.

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 $1,350,000
Bowen Island $1,059,583
Bowen Island $1,059,583
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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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