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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.
Mortgage rates are estimates of current rates. No fees are included.
10052 Malaspina Road, No City Value
MLS®: R3001507
1474
Sq.Ft.
5
Baths
5
Beds
79,715
Lot SqFt
2011
Built
Description
A rare coastal real estate investment opportunity! The Laughing Oyster offers 1.83 acres of spectacular ocean view property overlooking Okeover Inlet. Features include a 157-seat restaurant, two homes, and four newly built tiny homes ideal for luxury AirBnB rentals or boutique retreats. Zoned commercial, with ample parking, gardens, wells, and septic systems. Create a private oceanview estate, a family compound, or continue as a destination resort. Minutes to Lund, Powell River, and the marina. Proven revenue with significant growth potential. A turnkey opportunity in an extraordinary setting.
Taxes (2024): $10,988.14
Amenities
Private Yard