1580 CENTRAL RD HORNBY ISLAND

Public land record for Denman Island, BC. PID 003042251.

About this page: a public-record page assembled from publicly available data sources, cited below. Figures labelled "LandIntelVal" and "Estimated property tax" are our calculations based on a stated methodology — not appraisals, official assessments, or tax bills. BC Assessment determines official valuations and classifications using its own methodology, which may differ from ours. Property owners can submit corrections.

PID
003042251
Roll Number
771-08626.000
Zoning
A1 [source]
Agricultural Land Reserve
Yes — within the Agricultural Land Reserve [source]
Area
10.07 acres (40760.2611 m²)
Owner Type
Private (classification only; names are not published)
Parcel Class
Subdivision
Plan Number
VIP24652
Assessed Value
$367,556 (2026) [source]
LandIntelVal (est. market)
$1,818,874 — our estimate, not an appraisal
Buildings (measured)
2 structures, ~138 m² (1,490 sq ft) footprint — from satellite building footprints

Valuation & taxes

LandIntelVal is our independent, market-based estimate. Land is built up from three parts: a base building-site value, additional acreage at a rural per-acre rate, and — for waterfront lots — a premium for each measured metre of actual shoreline, tiered by water type (ocean shoreline is valued well above lake, river, marsh, or creek). Those rates are calibrated against real Denman sale prices (credibility-blended with assessment-derived rates where sales are thin). Buildings are valued at the greater of BC Assessment's building value and a measured-footprint replacement cost, where the replacement rate is itself derived from BC Assessment (the median building value per m² of footprint across Denman), so under-reported improvements are surfaced. It is not an appraisal, not an official valuation, and is not used by any regulatory body; BC Assessment uses different methodology and may value this property substantially differently.

Estimated property tax is calculated from the publicly available 2025 rural rates for Jurisdiction 771 (CVRD Electoral Area A) including Denman service-area levies, applied to the current BC Assessment value assuming Class 01 (Residential). The actual bill may differ based on property classification, exemptions (Home Owner Grant, deferments), and supplementary assessments. This is not a tax bill. [rate source]

Building siting & setbacks

The nearest substantial building on this lot sits about 21.7 m from the closest lot line.

This is within the bylaw minimum for the zone (front-yard and sea setbacks, which are larger, are assessed separately). Measured from public data; not a legal determination.

Land assessment pattern

According to BC Assessment, this parcel's assessed value is $367,556 (2026), compared with our LandIntelVal market estimate of $1,818,874. Assessed values substantially below a market estimate are typical of parcels classified as Class 9 (Farm) under the BC Assessment Act, which assesses farm land at agricultural-productivity value rather than market value. BC Assessment does not publish property-class data, so the classification for this property cannot be confirmed from public records.

About Class 9 (Farm): under the Assessment Act, farm classification requires demonstrated annual farm income — for parcels over 4 hectares, $2,500 plus 5% of the "actual value of the farm land" above the 4-hectare baseline, as determined by BC Assessment. If that actual value were equivalent to our LandIntelVal estimate, the calculated threshold for this parcel would be approximately $2,831 per year; the actual threshold applied by BC Assessment may differ. Actual farm income for any property is confidential and held by BC Assessment.

Official records for this lot

Sources

Every fact on this page is drawn from public records. Data as of the dates below.

Estimates on this page reflect our methodology applied to public data. Actual market value, assessed value, property classification, and the applicable tax bill are determined by BC Assessment, the Islands Trust, the CVRD, and the Province of BC, using their own methodologies. For authoritative information about this property, consult the linked official records. DenmanIsland.co is a non-commercial, public-interest resource and this page is not legal advice. Spotted an error? Report a correction.