$74,000
581 MacMillan Dr
Beds
0
Baths
—
Sqft
—
Year
—
Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sayward. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Beautiful views surround this multi-family lot in the heart of the Sayward Valley! Conveniently located right in the Village with all amenities including sewer and water to the lot line. This lot is right across the road from the recreation centre, post office, medical clinic, elementary school and library with seemingly endless wilderness to explore though the mountains and along the coastlines and rivers! This oversized lot comes with development plans for a 4-plex with lower in-law suites to get you started! Have something else in mind? Zoning allows for duplexes and retail space as well. Check with the Village office to discuss your many options! Don’t miss out on this rare opportunity in a wonderful location with the City of Campbell River and airport just an hour South. (id:65958)
- Subtype
- Vacant Land
- Community
- Kelsey Bay/Sayward
- Common interest
- Freehold
- Lot size
- 13,721 square feet
- Lot dimensions
- 13721
- On market
- Feb 27, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $1,322.09
- Zoning
- Residential/Commercial
- Photos
- 14
- MLS#
- 1027196
- Area
- SAYWARD
Features and systems
Lot
View
Cash on cash
66.78%
Cap rate
18.22%
GRM
4.4
Break-even rent
$533
Financing
Operating expenses (monthly)
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.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Sayward. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.