Property Type: Detached HouseOwnership: Freehold

105 MADRONA ROAD

Galiano Island, BC V0N1P0

$885,000

2 bed2 bath4 parking800 sqftBuilt 1941
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Property Details

Property & Lot

Sub-type
House
Lot size
17,424 square feet
Frontage
97 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,622.33 (2024)

Interior

Basement
Crawl space, Unknown, Unknown
Heating
Baseboard heaters
Fireplace
Yes (2)

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R2939136
Listed
October 30, 2024
Time on market
On the market for 670 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Hugh & McKinnon Realty Ltd. · Data source: CREA DDF.

Description

Waterfront with beach access! Located at the south end of the island, this south-facing waterfront property, held by the same family for over 100 years, offers unbeatable walkability to the ferry, restaurants, and shopping, all right at your doorstep in Sturdies Bay on Galiano Island. The cozy one-bedroom main house is complemented by a charming one-bedroom cottage and a large garage on a spacious, cleared lot. Enjoy direct access to a sandy beach with shallow waters via a private staircase, perfect for relaxation. The property also boasts fruit trees, a fenced garden, and bright southern exposure, making it the ultimate island retreat. Possibility of rezoning property to commercial exists. Boaters - Sturdies Bay dock is steps away! (id:63159)

Values & Trends

This listing

$1,106/sqft

Building average

No other active listings in this building

Galiano Island average

$1,017/sqft

19 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Gulf Islands (Southern)

16°C

Humidity 76%

Wind SSW 12 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

4/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Galiano Community SchoolElementary1.5 km
Mayne Island SchoolElementary4.2 km
Pender Islands Elem-SecondaryElementary/Middle13.0 km
Salt Spring ElementaryElementary13.8 km
Gulf Islands SecondarySecondary14.1 km
Saturna Island Elementary SecondaryK-1214.2 km
Phoenix PlaceSecondary14.2 km
Fernwood ElementaryElementary16.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Babes In The Wood37 m
  • La Lena71 m
  • La Lena71 m
  • Atrevida76 m
  • Unnamed221 m

Cafes (2)

  • Sturdies Bay Bakery and Cafe · 44 Madrona Road72 m
  • Oxeye · 2470 Sturdies Bay Road222 m

Parks (1)

  • Galiano Lions Park789 m

Shopping (1)

  • Manzanita Ville193 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($63,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$708,000.00
Periodic payment — Principal & Interest (monthly)$4,567.78
Additional monthly expenses (strata, tax, utilities, etc.)$341.86
Total monthly cost$4,909.64
Interest paid over 5-yr term$202,914.84
Balance at end of term$636,848.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,317.05

Cash Needed at Closing

Minimum down payment$63,500
Estimated BC PTT$15,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,700

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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