Property Type: OtherOwnership: Fractional Ownership

10C 2315 Mackinnon Rd

Pender Island, BC V0N2M1

$249,000

2 bed2 bath1 parking750 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
Recreational
Zoning
Residential/Commercial

C2(f)

Ownership & Fees

Property type
Other
Ownership
Fractional Ownership
Strata / maintenance fee
$546/mo
Annual property tax
$0

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
1 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
BathroomMain level2-Piece
BedroomMain level8'5 x 11'0
Primary BedroomMain level9'3 x 11'0
EntranceMain level
KitchenMain level9'0 x 10'6
Dining roomMain level9'0 x 10'6
Living roomMain level

Listing Information

MLS®
1038628
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.

Description

Rarely available oceanfront gem at Currents at Otter Bay! This 2-bed, 2-bath SW-facing cottage in prime location offers one of the best views in the complex. Enjoy stunning ocean vistas and breathtaking sunsets from your wraparound deck, living room, dining area, kitchen, and main bedroom. Fractional 1/4 ownership provides one week per month including two consecutive summer weeks, with the option to rent out unused time. Fully furnished and equipped, including in-suite laundry, BBQ, and deck furniture. Monthly fees cover taxes, maintenance, utilities, and more. Pet-friendly. Just relax and enjoy resort-style living with access to Otter Bay Marina’s recreation area, kayaking, paddleboarding, beach walks, two pools, and the Marina Café & store. Walk to the ferry and Pender Island Golf Course. (id:63159)

Values & Trends

This listing

$332/sqft

Building average

No other active listings in this building

Currents at Otter Bay average

$212/sqft

1 active listing(s)

Parking: 1 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

7

1/9 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
Pender Islands Elem-SecondaryElementary/Middle4.9 km
Mayne Island SchoolElementary5.8 km
Galiano Community SchoolElementary9.7 km
Saturna Island Elementary SecondaryK-1210.2 km
Salt Spring ElementaryElementary15.3 km
Gulf Islands SecondarySecondary15.6 km
Phoenix PlaceSecondary15.7 km
Parkland SecondarySecondary16.5 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 (1)

  • The Stand287 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,200.00
Periodic payment — Principal & Interest (monthly)$1,285.17
Additional monthly expenses (strata, tax, utilities, etc.)$584.06
Total monthly cost$1,869.23
Interest paid over 5-yr term$57,091.29
Balance at end of term$179,181.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,818.99

Cash Needed at Closing

Minimum down payment$12,450
Estimated BC PTT$2,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,930

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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