Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Hero Image
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Lot 44 Cassiar Drive
Port Edward | British Columbia

The Measure of

True Excellence

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Paul Hague
Paul Hague
Presented At
$6,502,396
Bedrooms
12
Bathrooms
6
Living
4,200
SQFT
Fireplace
Stone Countertops
Terrace
Garden
Water View
Waterfront
Oceanfront
Mountain View
Privacy
Investment Property
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 1
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 2
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 3
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 4
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 5
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Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 14
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Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 21
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 22
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 23
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 24
Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 25
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Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 28
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Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. - Photo 31
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Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada. , Port Edward , British Columbia

Historic Cassiar Cannery

Where the Skeena River meets the Pacific, Cassiar Cannery rests at the edge of wilderness and history. Once alive with the rhythms of a working salmon cannery, this 74-acre waterfront estate now offers a quieter story—of heritage carefully preserved, of wildlife returning to restored habitats, and of life lived in harmony with the tides. With one kilometre of oceanfront, historic homes reborn as guest houses, and sweeping views of the estuary, Cassiar is both sanctuary and stage: a place where past and future meet, and where visionaries are invited to write the next chapter of its remarkable story. Heritage and History Established in the 1889, Cassiar Cannery became the longest consecutively operating salmon cannery on the West Coast. Cassiar Cannery packed salmon from 1903 to 1983 as the last operating Skeena Cannery. Generations lived and worked here, shaping a community defined by resilience and connection to the sea. Today, its spirit endures in restored homes, original architecture, and preserved landscapes. For those drawn to heritage, Cassiar is not simply a property, but a living landmark of British Columbia’s maritime past. The Property Spanning 74 acres on both sides of the rail line, with 20 to 30 acres of usable land, Cassiar offers 1 kilometre of low-bank waterfront, half a kilometre of road frontage, and a 2.53 hectare foreshore lease. The site also holds a 4 to 5 acre wharf and expansive natural habitat. Wildlife flourishes at Cassiar herons, gulls, sandpipers, and eagles soar overhead, salmon and seals travel the estuary, and bears, deer, and wolves roam free along wildlife corridors. More than 500 plant species have been catalogued on the estate, making Cassiar part of a recognized biological hotspot. Over the past decade, the Cannery has supported extensive research into the salt marsh and mudflats, underscoring its importance as a potential biosphere. Residences and Guest Houses Five former cannery manager homes remain, with four carefully restored and adapted as guest houses, providing turnkey accommodation and income potential. One is used as a principal residence and one as a utility building. Each blends period character with modern comforts, inviting guests into an authentic yet livable heritage experience. Event and Commercial Buildings The original General Store has been restored and reimagined as a versatile event space, equipped to host gatherings, retreats, and cultural programming. A 10,000 square foot blast freezer building, constructed in 1979 on deep piles, offers substantial additional potential. With open-span storage on the upper floor and a concrete workshop below, it could be modernized to support small-scale fisheries, light industry, or further event and hospitality ventures. Waterfront and Dock Cassiar Cannery includes a 2.53-hectare foreshore lease and substantial dock infrastructure. While requiring upkeep, the dock footprint represents invaluable capacity for future use, from marine access to tourism, transportation, or research. Licenses and Tenures The estate holds a renewed Commercial Foreshore Lease until 2032, tenure over water system areas, and historically one of the province’s largest water licenses (four million litres per day across three creeks, second largest in BC). Mining tenure from 1890 remains in place, excluding gold and silver. An Industrial Effluent Permit is also registered. Lifestyle and Environment Cassiar Cannery is defined by stewardship and connection to place. Restored habitats have brought over 75 bird species back to the estuary, alongside herons, gulls, sandpipers and bald eagles. A slower pace of life unfolds here: fishing, kayaking, hiking, and wildlife observation all begin at the shoreline. The property has become a cultural and environmental hub, supported by a strong online presence, including nearly 14,000 Facebook followers and 2,400 Instagram followers. Recognition and Awards Cassiar Cannery has been widely recognized for its unique offering: Canadian Hidden Gem – Globe and Mail Top 10 Unusual Places to Overnight in BC – Destination BC Top 40 Glamping Destinations (1 of 4 in Canada) – Comfortably Wild by HoneyTrek Tourism and Accommodation Excellence – Tourism Prince Rupert Best Wilderness Accommodation in BC – LuxLife Best Wilderness Guest Houses in Northern BC – LuxLife Women’s Wilderness Retreat of the Year – LuxLife Best Wilderness & Scientific Wilderness Retreat in Western Canada – North American Business Awards Potential Industrial/Commercial Use The Cassiar Cannery property has an incredible amount of industrial/commercial use potential. The property has 500 metres of road frontage on Skeena Road and over 1 km of railroad frontage with the CN Rail line that runs through the property. With its own registered stop and private crossing (Mile Marker 79.63 on the CN Skeena Sub), the property sits on direct rail access to the Port of Prince Rupert, Vancouver, and Eastern Canada. The vast majority of the property is untouched with logging/forestry opportunities. The property also previously held a license for bottling water that could be re-instated. With its own dam and licensed water source, premium quality water is another commercial possibility. The foreshore lease and existing permitted dock infrastructure provide the potential for marine businesses or marine access for commercial use. The property also has excellent potential for an ecotourism business/retreat centre year-round. Investment and Potential Opportunities at Cassiar Cannery are as vast as the estuary it fronts. The property lends itself to heritage conservation, boutique tourism, eco-lodging, cultural retreats, or as a singular private estate. With usable land, extensive buildings, foreshore tenure, and rail, road, and ocean access, Cassiar is uniquely positioned to evolve while maintaining its legacy. Cassiar Cannery is more than an estate; it is a living story. It captures the heritage of a bygone era, the beauty of untouched wilderness, and the potential for an extraordinary future. Rarely does a property combine history, lifestyle, natural wonder, and commercial potential at this scale. Cassiar Cannery is an invitation to steward a landmark, preserve its ecological and cultural richness, and shape its next chapter.

Gallery

3D Street View Tour

Map showing Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada.

Property Location

Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada., Port Edward British Columbia

Local Weather & Climate

Port Edward, British Columbia

Current Conditions Updated recently
48 °F
Light rain
Feels Like 40°F
Humidity 81%
Wind 28 mph
Visibility 4.2 mi
Sunrise 3:14 PM
Sunset 2:28 AM
5-Day Forecast
Sun 8 Mar
Snow
High 48°
Low 34°
Mon 9 Mar
Snow
High 35°
Low 27°
Tue 10 Mar
Snow
High 36°
Low 27°
Wed 11 Mar
Snow
High 36°
Low 28°
Thu 12 Mar
Snow
High 36°
Low 23°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Port Edward?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Port Edward. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $650,239,600 20% down ($130,047,920)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$55,875
$55,875/day
Your home may appreciate while you sleep
$392,199/week $1,699,529/mo $20,394,352/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$357.8M
vs
OWN 📈 +$507.5M
$507.5M Potential Equity
vs $357.8M lost to rent over 10 years
$130.0M Down Payment Growth
3.9x
10yr
$507.5M
8.1x
20yr
$1,050.8M
12.6x
30yr
$1,642.2M
Wealth Comparison
×3,910
Equivalent to 3,910 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $1,642.2M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $765.8M +18%
Market $885.5M +36%
Optimistic $1,021.8M +57%
$507.5M est. equity
20 Years
Conservative $901.8M +39%
Market $1,205.9M +85%
Optimistic $1,605.8M +147%
$1,050.8M est. equity
30 Years
Conservative $1,062.1M +63%
Market $1,642.2M +153%
Optimistic $2,523.5M +288%
$1,642.2M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Lot 44 Cassiar Drive, Port Edward, BC V0V 1G0, Port Edward, British Columbia, Canada features 12 bedrooms with 4,200 square feet of living space.
This property offers 4,200 square feet of living space.
This property is listed at $650,239,600, which equals $154819 per square foot.
Based on current market indicators, Port Edward shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Port Edward, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Paul Hague

Paul Hague

Sotheby's International Realty Canada

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