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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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Dl 4055 E Dark Cove Jervis Road, Madeira Park
MLS®: R2875472
1600
Sq.Ft.
1
Baths
2
Beds
5,928,516
Lot SqFt
1985
Built
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Description
136 acre oceanfront property located in Jervis Inlet for sale by way of Court Order. 4,150 feet of quality low bank frontage within a protected bay. The property was rezoned in 2005 from RU-2 to CD-5. CD-5 Zoning permits a wide range of uses including resort hotel, spa, restaurant, pub & marina. Improvements include a 1,600 sf log home and a small guest cabin. This property is well suited for a resort development, large corporate or special interest group retreats, family estate or longterm holding property. It is water access only, 15-20 minutes by boat from Egmont or 2.5 hours from Vancouver. Call to book your appointment to view today!
Taxes (2023): $6,223.66
