Peter Nash - Real Estate

Selling Luxury & Waterfront Properties on the Canadian West Coast Since 1972

Affilation VICTORIA, B.C. CANADA

Macdonald Realty Victoria

Call Peter: 250.384.0566

Natural State Recreational Waterfront Lot On Unique Reid Island-Buy The View…

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$130,000. (CAD)

Reid Island (South) Lot 8, Gulf Islands

Lot size: 1.6

MLS® Number: 369521

This tranquil oceanfront Lot is located on Reid Island (South) situated in Trincomali Channel (48ᵒ51’N., 123ᵒ23’W). The island is equidistant between Clam Bay (Thetis Island) and Porlier Pass (Valdes and Galiano Islands). About 3 miles (4.8 kilometres) north of Chemainus, Vancouver Island.

The level natural state well treed property of 1.60 acres (0.65 hectares) +/- offers beautiful wide expansive East-North-East marine views including Porlier Pass which leads to Strait of Georgia. The lot has easy low bank access to the smooth rocky foreshore with 126 feet (38.4 metres) +/- of frontage.  Build your dream recreational cottage. There is a small storage a-frame in place plus a dug well (details unknown) in the upper NW corner of the property.  Annual SRR assessment approximately $190.00 and taxes $391.00 (2016).

Known as South Reid Retreats Ltd which is an area of 77 acres having 38 lots with ownership by way of lease with one share in South Reid Retreats Ltd. (SRR Ltd) – Easily transferable. The structure of ownership works well – ask an owner!

The area offers great diving, fishing, kayaking and a variety of marine and bird life. The island is easily reached by water taxi, transport barge, private boat, and float plane (No community dock or ferry service). You can moor your commuter boat offshore with a mooring buoy and your kayaks and dinghies easily kept on the low bank foreshore.

A great opportunity to have part of this exclusive gulf Island – seldom does one come available.

>Reid Island is in two sections:  The North part of the island being about 146 acres (60 hectares) +/- with 20 lots having freehold title ownership and the South part (SRR) being 77 acres (31.2 hectares) +/- with 38 lots and some common areas with ownership by way of shares.  Reid Island is overseen by the Islands Trust -Thetis Island Local Trust Area. The Island was named after Captain James Reid who was in command of the Hudson’s Bay Company brigantine Vancouver.

The property is being sold on an As Is Where Is Basis with no representations!