Property Type: Condo / ApartmentOwnership: Strata

16 B1 134 MADRONA DRIVE

Galiano Island, BC V0N1P0

$65,000

1 bed1 bath12 parking646 sqftBuilt 2008
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Amenities

Gym

Also listed: Restaurant, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$317/mo
Annual property tax
$0 (2025)

Interior

Heating
Baseboard heaters
Fireplace
Yes (1)

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
12 — uncovered indicated
Features
RV

Restrictions & Policies

Pets
Not allowed

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

Listing Information

MLS®
R2988537
Listed
April 9, 2025
Time on market
On the market for 509 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Turnkey Oceanfront Groundfloor Villa - 6 Weeks Per Year! Own a cozy retreat on Galiano Island with this well-appointed 1-bedroom villa (Queen bed+ sofa bed), sleeping up to 4 with a small kitchen. With 1/8 fractional ownership, enjoy 6 weeks per year-just show up, relax, and unwind. Amenities include moorage, Smart Car use, hot tub, spa, fitness center, sandy beach, restaurant/bar, and pizzeria. Low strata fees include property taxes. Galiano Island, the jewel of the Southern Gulf Islands, offers 100 km of trails, 69 beach access points, and a vibrant arts and culinary scene. Adventure or tranquility- you choose. This suite is pet free. (id:63159)

Values & Trends

This listing

$101/sqft

Building average

$58/sqft

1 active listing(s)

Galiano Island average

$71/sqft

2 active listing(s)

Parking: 12 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 73%

Wind WSW 2 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

33

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/Middle12.9 km
Salt Spring ElementaryElementary13.8 km
Gulf Islands SecondarySecondary14.1 km
Saturna Island Elementary SecondaryK-1214.1 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+)

  • La Lena17 m
  • La Lena18 m
  • Atrevida23 m
  • Babes In The Wood86 m
  • Unnamed261 m

Cafes (2)

  • Sturdies Bay Bakery and Cafe · 44 Madrona Road126 m
  • Oxeye · 2470 Sturdies Bay Road262 m

Parks (1)

  • Galiano Lions Park735 m

Shopping (1)

  • Manzanita Ville238 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$52,000.00
Periodic payment — Principal & Interest (monthly)$335.49
Additional monthly expenses (strata, tax, utilities, etc.)$349.11
Total monthly cost$684.60
Interest paid over 5-yr term$14,903.35
Balance at end of term$46,774.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,250
Stress test qualifying rate8.09%
Payment you must qualify for$474.84

Cash Needed at Closing

Minimum down payment$3,250
Estimated BC PTT$650
Legal / closing costs (typical estimate)$1,500
Total cash needed$5,400

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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