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A picture of the Village of Sayward.

Sayward

Lending guidelines for Sayward, British Columbia

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Max Loan To Value:
55%
Details
2021 Population
334
7.4% growth
Nearest Tim Hortons
133 km away
Nearest Costco
128 km away
Nearest Hospital
65.5 km away
Median Household Income
$55,000
Land Area
4.44 Km²
75.2 people/km²
Employment Rate
36.4%
Avg Commute
41 min

Sayward sits at the end of Highway 19 on northern Vancouver Island, where the road literally runs out and the wilderness takes over. This isn’t a place you stumble upon by accident—it’s a deliberate choice for those who want genuine isolation without giving up modern conveniences entirely.

The numbers tell an interesting story. With a median age of 60.4 years and nearly 40% of residents over 65, Sayward has become a magnet for people seeking their final chapter somewhere spectacular. The community’s 7.4% growth since 2016 suggests word is getting out, despite the 16.7% unemployment rate that would scare off most investors.

Here’s what makes Sayward different: it’s the gateway to some of Vancouver Island’s most untouched territory. The Sayward Forest and nearby Salmon River provide world-class fishing and hunting that draws visitors from across North America. Many of those visitors eventually become residents, trading urban stress for a place where the biggest traffic jam involves logging trucks.

The housing market reflects this reality—76.5% single-detached homes dominate, with the occasional movable dwelling (8.8%) for those testing the waters before committing fully. The forestry and fishing industries still employ over a quarter of the workforce, providing the economic backbone that keeps this community anchored.

Tekamar’s 55% maximum LTV reflects the unique nature of Sayward’s market. Properties here sell to a specific buyer—someone who values access to pristine wilderness over proximity to shopping centers. While this limits the buyer pool, it also means the people who choose Sayward tend to stay, creating stability that raw population numbers don’t capture.

For brokers working with clients seeking rural financing, Sayward represents opportunity. The combination of natural amenities and relative affordability continues attracting buyers who understand that some places are worth the drive.

2021 Population
334
7.4% growth
Median Age
60
Driving Distance to
the Nearest Tim Hortons
1 hour 33 minutes
Driving Distance to
the Nearest Costco
1 hour 33 minutes
Driving Time to
Nearest Hospital
1 hour 3 minutes
Median Household Income
$55,000
Land Area
4.44 Km²
75.2 people/km²
Employment Rate
36.4%
Avg Commute
41 min
Restaurants
1 restaurant 2.99 per 1000 people

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