While there were a lot of interesting things to come out of the BC Property Assessment update this year, what surprised us the most was the list of the towns and cities where prices were rising the most. And, we’ve found a waterfront investment property for sale in Port Clements, which happened to take the top spot on that list. Let’s take a look!

waterfront property port clements
Photo via Sotheby’s International Realty

Ok, for some context here. When then BC Property Assessment came out, we were floored to find that some of BC’s smaller, more remote communities absolutely blew Vancouver out of the water when it came to numbers going up. At the top of that heap? Port Clements, a town in Haida Gwaii that saw prices rise an astounding 58% on average.

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home for sale
Photo via Sotheby’s International Realty
home for sale
Photo via Sotheby’s International Realty

Now, does that rise have us raising our eyebrows? Just a little. But, there’s no doubt that Port Clements (and Haida Gwaii in general) was a relatively undervalued spot prior to the pandemic. Rugged and hard to get to, Haida Gwaii has long been seen as one of Canada’s best hidden gem areas, offering not only thousands of years of Indigenous history, but access to some of the most stunning landscapes in the country as well. So, the rise of remote working, paired with increasingly unattainable home prices in major cities, meant that more and more people were looking elsewhere for their next move.

waterfront property port clements

waterfront property port clements
Photo via Sotheby’s International Realty

Which brings us to this week’s home! This waterfront investment property in Port Clements features 3 lots, on which sit a main home, an Airbnb opportunity, and a carriage house. The property comes with a whopping 105 feet of ocean frontage, which means you (and potential guests) will wake up to views that most people can only dream of.

home for sale
Photo via Sotheby’s International Realty
waterfront property port clements
Photo via Sotheby’s International Realty

We won’t lie to you, while this property is technically ‘turnkey’ (aka comes with furnishings), the first step we’d take is a little work on the interior design. We’re actually big fans of the Cape Cod-influenced architecture, but the current decor is more ’90s family on vacation’ than ‘up and coming tourism hotspot’.

home for sale
Photo via Sotheby’s International Realty
home for sale
Photo via Sotheby’s International Realty

Even still, while the $900,000 price tag is a little out of our budget, we can’t help but be drawn to this opportunity. After all, what does that same amount get in Vancouver? Maybe a cool shoebox in East Van?