Vacant Land Rent-to-Own on Pender Island, BC

Ready to own your own dream retirement, low cost, full self control home? Between Victoria and Vancouver, BC, Canada!

If you haven't visited this area, don't be surprised, people focus on the large cities and expensive suburbs and ignore this beautiful area on a large, well service island that have everything one needs to retire in peace. On Pender Island, in the coveted community of Magic Lake with maintained services and water.

At the top of the property, there's a street level (with floor down), undeveloped building site. The property is pie-shaped and cannot accommodate a large house but can possibly have a great 2 suite iny house given the large land size.

Water is available at property line, a connection fee is required to connected to the professionally managed community managed water to pay for the water meter installation but you simply connect to that and you have clean, tested water. No need to risk a water well with all the hassles.

Some land clearing and improvements have started. Developing a private trail down down the property to access Galleon Way and the oceanfront via the public access park. Leave your kayaks and standup boards on the public access and easily join the local orca pods by kayak or standup board and enjoy the private forest as your backyard.

- Electricity at property line

- High speed Shaw Fiber at property line with inexpensive $50, 10 mbps ultra high speed Internet!

- Water system at property line.The Seller might be willing to co-own the property with a Buyer to develop it.

*NOTE* The picture with the micro cabin is a artist rendition only with a very simple and inexpensive cabin.

Pricing: Land-only $211,000 Firm. Financing for land-only is available via Island Savings.

Pricing with co-ownership of land and buildings negotiable depending on share ownership contribution (1 of 3 shares to start to build up to full buyer ownership?)

Easy access via the Southern Gulf Island BC Ferries routes from either Vancouver and Victoria! Just a neighbouring island to the well known Salt Spring Island. If you come from Victoria, buy the BC Ferries Experience Card at the ticket booth to save on your trip! No cost BC Ferries from Pender to Victoria! ?
Free travel for seniors (65+) on BC Ferries during the week! If you are a senior and want to visit without having to drive? Just plan your trip via public transport and we can arrange free transport between Otter Bay to show you the property on a day trip.