Property Type: Detached HouseOwnership: Freehold

2705 Galley Cres

Pender Island, BC V0N2M2

$749,900

3 bed3 bath4 parking1,850 sqftBuilt 1993
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
19,166 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,864.38

Interior

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

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
OtherAuxiliary Building10' x 10'
OtherAuxiliary Building10' x 10'
Laundry roomLower level8' x 6'
BedroomLower level14' x 10'
BedroomLower level14' x 10'
OfficeLower level7' x 7'
Family roomLower level20' x 13'
EnsuiteMain level6' x 6'
BathroomMain level10' x 6'
BathroomLower level5' x 9'
Primary BedroomMain level12' x 14'
KitchenMain level13' x 14'
Dining roomMain level14' x 11'
Living roomMain level14' x 15'
EntranceLower level6' x 14'

Listing Information

MLS®
1024365
Listed
January 31, 2026
Time on market
On the market for 213 days
Data last synced
August 28, 2026

Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.

Description

Welcome to Magic Lake Estates on beautiful Pender Island! Set on a private, fully fenced 0.41-acre lot, this well-maintained island home is 1,850 sq ft with 3 beds & 3 baths, surrounded by mature landscaping, fruit trees, & multiple garden beds with sprinkler system to satisfy that green thumb. A gated entry leads to a property that has been thoughtfully cared for inside & out. The main living area features a propane fireplace, separate dining room, & easy access to expansive decks & patio areas—ideal for outdoor living. A unique English-style teahouse adds flexible space for hobbies or quiet retreat. Located on a cul-de-sac, the home is connected to municipal water & sewer, a significant advantage over well & septic systems. Property owners in Magic Lake Estates can be members of the Magic Lake Property Owners Society and get exclusive access to moorage at Thieves Bay Marina and reduced rates at the Tennis/Pickle Ball courts. Experience Golf Island living at it's best! Welcome home! (id:63159)

Values & Trends

This listing

$405/sqft

Building average

No other active listings in this building

Pender Island average

$808/sqft

36 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 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

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/Middle2.9 km
Mayne Island SchoolElementary8.8 km
Saturna Island Elementary SecondaryK-1210.2 km
Galiano Community SchoolElementary12.9 km
Parkland SecondarySecondary14.0 km
North Saanich Middle SchoolMiddle14.3 km
Deep Cove ElementaryElementary14.9 km
Sidney ElementaryElementary15.1 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

Parks (5+)

  • J.M. Abbott Park224 m
  • Thieves Bay Park276 m
  • Sandy Sievert Park312 m
  • Unnamed523 m
  • Unnamed753 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$498.37
Total monthly cost$4,368.85
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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.

Request more information