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Investment signal

$2,000,000

3380 Gunpowder Trail

Save this home

Beds

4

Baths

3

Sqft

Year

1985

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hornby Island. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

*** For more information, please click Brochure button. *** 4.3 Acres in quiet neighbourhood near to Grassy Point Beach (1.3 km) Unique Double Zoned Lot allows two residential dwellings (Rental Income). Large garden area with fruit trees. Detached double bay garage with Family Room above. New Roof on Main House and Garage (2023) and new septic (2024) for both dwellings. Good water. Ampitheatre, Mini-home. quality and supply. (id:65958)

Subtype
Single Family
Architectural style
Cottage, Cabin
Structure
House
Community
Hornby Island
Common interest
Freehold
Living area
2,250 square feet
Lot size
4.3 acres
Lot dimensions
4.3
Parking
6 total
Fireplace
1
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Annual tax
$5,796
Zoning
Rural residential
Photos
29
MLS#
1033211
Area
HORNBY_ISLAND

Features and systems

Appliances

RefrigeratorHot TubRange - ElectricDishwasherJetted Tub

Heating

ElectricOther

Cooling

None

Lot

AcreageCentral locationLevel lotPrivate settingWooded areaOther
Negative cash flow ~$2,104/mo at these assumptions

Cash on cash

-6.31%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,214

Financing

Down payment$400,000
Loan amount$1,600,000
Mortgage$8,107/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$917
Insurance$80
Maintenance$1,667
CapEx reserve$833
Vacancy loss$500

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $8,107/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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