Call Peter: 250.361.7516

Waterfront Of 4.47 Acres With Southern Exposure & Excellent Beach On Thetis Island…


$775,000. (CAD)

289 St. Margaret's Lane, Thetis Island

Lot size: 4.47 Acres (1.81 ha's) +/-

MLS® Number: 822463

Sold: $862,000. (CAD)

Situated in Preedy Habrour on Thetis Island this beautifully treed natural state secluded oceanfront property of 4.47 acres (1.81 hectares) +/- with a expansive southern exposure has an excellent walk-on and very usable beach.  Accessed from a no-thru tree lined country lane (St. Margaret’s Lane – off Forbes Road) being about 2 kilometers (1.24 miles) west from the ferry terminal.

Property:  The peaceful and inviting prime oceanfront 4.47 acre (1.81 hectares) +/- (size taken from BC Assessment) property Survey from 1926 is level and mostly in its natural state with many majestic trees (arbutus aka madrona, fir, cedar) and native plants. There is an existing driveway and trails through the property. Plus there is a Drilled Well and Septic System – independent professional reports as to their current status are available. There are two small existing structures (one old cabin of no value and one is usable-very basic) plus some temporary structures which will be removed along with any existing rubbish/junk on or before a sale completes. The property offers lovely marine views and many ideal sites for building your home or cottage.

2021 B.C. Assessment: $1,002,700.  2020 Taxes $5,950.

Zoning:  Zoning is Residential 1 (R-1) Thetis Island Land Use Bylaw. 

Waterfront:  The low bank frontage being approximately 848  feet (258,5 metres) +/-.  Access to beach requires proper stairs (poor current access-use caution). An excellent very usable walk-on beach – Summer Swimming, keeping and launching Kayaks, Canoes, Dinghies.

Services:  Well (1994 Log available) / Septic System (Records available) – see above comment / Hydro at Forbes Road.

Area:  The general area of Thetis Island is known as the ‘banana belt’ of the Gulf Islands of British Columbia and is noted for warm swimming, excellent fishing, shellfish, molluscs, boating, kayaking, canoeing, diving and a having a great variety of marine life, bird life and wild life – such as soaring bald eagles, hawks, gulls, ducks, blue Herons, variety of shore birds. Otters and Seals are quite common plus pod of Orcas (killer whales) can be seen in the general area of the island in Stuart Channel (Latitude 49°01’N., 58′ N, Longitude 123°42′ W) being about 3 miles (4.8 kilometers) north east of Chemainus, Vancouver Island – Thetis Island Chart  The peaceful and picturesque Island of about 10.5 square kilometers (4.1 square miles) has a population of approximately 400 permanent residence with the number increasing seasonally as part time. Easily accessed by B.C. Ferry service (frequent/20 minute trip) from Chemainus (population about 4000) on Vancouver Island arriving in Preedy Harbour or by Airplane (float) service from Vancouver and Victoria, boat (private or water taxi). Located approximately 35 miles (56 kilometers) from Vancouver and 46 miles (74 kilometers) from Victoria.  The island is mainly forested, with some farms and about 10 miles (16 kilometers) of public roads.  There is a pub/restaurant, post office, small store, community center (currently under improvement) and tennis court, volunteer fire department, small elementary school. There are two protected marinas in Telegraph Harbour and a Public dock in Preedy Harbour. Plus there is moorage at Chemainus and a large marina at Ladysmith on Vancouver Island.  Both Chemainus and Ladysmith offer many amenities and City of Duncan to the south and City of Nanaimo to the north are both a short easy drive away.

This prime location property is ideal for those wishing to build their permanent home or recreational cottage. Offered at $775,000. Canadian ($608,685.00 US December 31, 2020).

  • Buyers should do their own due diligence. Note: Please have your agent contact the Listing Agent before viewing the property.
  • B.C. Speculation tax does not apply.
  • Foreshore Aquaculture Lease (2.547 hectares/1.031 acres) has no relation to subject property.