- Active
#205 – 611 Macmillan Drive
Sayward · Single Family
- Beds
- 0
- Baths
- 1
- Sqft
- 392
- Built
- 1979
Listed by Royal LePage Advance Realty · MLS® 1050244
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Sign inAbout this home
TENANTED STUDIO: Tenanted at $900/mo, about 9.8% gross yield. A low-cost way to own income property on Vancouver Island. This bright 2nd-floor studio with balcony and mountain views is rented month-to-month. Keep the tenant and collect rent from day one, or the seller can arrange vacant possession. Updated throughout: new kitchen and bathroom flooring, stainless steel fridge, stove and exhaust system, new kitchen fixtures, new bathroom vanity, sink and Panasonic whisper fan, new LED lighting, new baseboard heaters and thermostat, and built-in shelving in the storage closet. Low strata fee of $162.68/mo., pet-friendly building, parking. Steps to village amenities: rec center, library, health clinic, legion, Sayward Elementary, playground, tennis court, restaurant/pub, food markets and local farms. Close to trails, the ocean and Kelsey Bay Marina, less than an hour to Campbell River. A smart buy for investors, first-time buyers, or anyone wanting a lock-and-leave getaway.
Home facts
- Bedrooms
- 0
- Bathrooms
- 1 full
- Interior
- 392 sq ft
- Year built
- 1979
- Parking
- 2
- Property type
- Single Family
- Area
- Kelsey Bay/Sayward
- Listed
- September 18, 2026
- Structure
- Apartment
- PID
- 018-832-725
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Balcony
Features and inclusions
- Appliances
- Refrigerator, Range - Electric
- Heating
- Baseboard heaters
- Cooling
- None
- Parking
- Open
- Lot
- Central location, Other, Marine Oriented
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Multi-Family
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $521
- Property tax
- $33/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $705
Purchase snapshot
- List price
- $110,000
- Down payment
- $22,000 (20%)
- Estimated mortgage
- $88,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $986
- At 8.9621 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Moderate risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 48%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.