Masset

Masset sits at the northern tip of Haida Gwaii, where the Pacific Ocean meets a community that’s quietly becoming one of BC’s most intriguing remote destinations. With a population of just 838, this isn’t your typical mortgage market — but that’s exactly what makes it interesting.

The numbers tell a story that most lenders miss. While the 12.8% unemployment rate might scare off traditional institutions, nearly 30% of the workforce is in healthcare and social assistance, creating unusual stability for such a remote location. The median household income of $67,000 stretches further here than it would in Vancouver, and with 58.8% of homes being single-detached houses, there’s real equity to work with.

What’s fascinating about Masset is its climate advantage. The community sits in plant hardiness zone 8b, meaning it has a longer growing season than much of northern BC. This agricultural potential, combined with its position as a gateway to some of Canada’s most pristine fishing and cultural tourism, creates opportunities that patient investors understand.

The Haida Nation’s cultural renaissance has brought new economic activity, while retirees discover that their pension dollars work harder in a place where ocean views come standard. The median age of 44 reflects a community that’s found its rhythm between working families and lifestyle migrants who’ve chosen substance over urban conveniences.

For mortgage brokers, Masset represents the kind of opportunity Tekamar was built for. We lend here with a maximum LTV of 55%, recognizing that while the market moves slowly, the underlying value in this unique corner of BC remains solid. Properties here aren’t just homes — they’re positions in one of Canada’s last genuine frontiers, where the combination of natural beauty, cultural significance, and economic potential creates equity that traditional metrics often overlook.