456 STEWARD DRIVE, Galiano Island

$485,000

This 121,096.8 sqft property in Galiano Island is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.

PHILLIMORE POINT PARADISE Discover the charm of Phillimore Point, a boat-access neighbourhood minutes from Montague Marina. A short stroll from the private community dock leads to this architecturally designed, custom-built 3 bed, 2 bath mid-century retreat. Set on the largest interior lot on the Point, the hexagonal home features ocean views, multiple decks, open-plan living, a loft, guest wing, rooftop deck and a spacious workshop. Coastal details include fir beams, cedar and spruce walls, parquet and cork floors and floor-to-ceiling windows. Off-grid comforts include solar lighting, propane appliances, wood heat and community water. With a playhouse, gardens, water storage and zoning for a future cottage, this coastal gem is an ideal family retreat for rustic Gulf Island living.

How this price compares

This lot asks $4 per square foot of lot. That is 66% below the median of $12 across the 13 active lots VanPlex is showing in Galiano Island, and puts it 3 of 13 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$485,000
Lot size
121,096.8 sqft
Lot dimensions
378.33 x IRR
Frontage
378.33 ft
Bedrooms
2
Bathrooms
2
Year built
1977
MLS® area
Galiano Island
MLS® number
R3164462

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.