If you’re in the market for a new home in Vancouver, you could save yourself a few hundred thousand dollars and buy yourself a private island instead.
Yes, you read that correctly.
According to the National Bank of Canada, the average price of a non-condo residence in Vancouver is $1,342,184.
Meanwhile, the entirety of Burts Island – less than a six hour drive from the city – is for sale for just $695,000.
The sprawling 5.3 acre private island is located within the well-protected Bamfield Inlet on Vancouver Island’s west coast.
“Unlike the Georgia Strait and Inner Coast, very few private islands become available for sale on the west coast of the island,” reads the listing from Private Islands Inc.
Burts Island is currently undeveloped, leaving you ample space to build your dream home. According to the listing, there are several building sites to choose from.
The land is easily accessible, and features “gentle topography,” Private Islands Inc. notes.
Other highlights of the property include its proximity to Barkley Sound, one of BC’s top fishing destinations, and Pacific Rim National Park Reserve.
If you’d rather buy a move-in-ready island, Private Islands Inc. has dozens of other listings up for sale across the province.