Property Type: Land / LotOwnership: Freehold

27100 Schooner Way

Pender Island, BC V0N2M2

$278,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
14,810 square feet
Zoning
Unknown

RR1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,440.96

Interior

Fireplace
None

Listing Information

MLS®
1024364
Listed
January 27, 2026
Time on market
On the market for 216 days
Data last synced
August 28, 2026

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

Description

Flat, sunny and a very short walk to the ocean and Thieves Bay Marina, this 0.34-acre lot in Magic Lake Estates offers an ideal opportunity to build your Pender Island home with ease. With a gentle grade and an easy driveway in, this is a straightforward building lot. Enjoy south exposure and a prime location close to ocean access and the marina, perfect for boating, kayaking, and paddleboarding adventures. Municipal water and hydro are available at the lot line (septic required). Ownership in Magic Lake Estates includes access to tennis and pickleball courts, disc golf, walking trails, multiple beach accesses, and Magic Lake for swimming or paddling, along with exclusive low moorage rates at Thieves Bay Marina. A rare combination of flat land, sunshine, and proximity to the ocean and Thieves Bay Marina, all in one of Pender Island’s most sought-after neighbourhoods — this is an excellent opportunity to create your island retreat. (id:63159)

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/Middle2.9 km
Mayne Island SchoolElementary8.8 km
Saturna Island Elementary SecondaryK-1210.2 km
Galiano Community SchoolElementary13.0 km
Parkland SecondarySecondary14.0 km
North Saanich Middle SchoolMiddle14.2 km
Deep Cove ElementaryElementary14.9 km
Sidney ElementaryElementary15.0 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+)

  • Thieves Bay Park248 m
  • J.M. Abbott Park249 m
  • Sandy Sievert Park363 m
  • Unnamed571 m
  • Unnamed780 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$222,400.00
Periodic payment — Principal & Interest (monthly)$1,434.85
Additional monthly expenses (strata, tax, utilities, etc.)$120.08
Total monthly cost$1,554.93
Interest paid over 5-yr term$63,740.48
Balance at end of term$200,049.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,900
Stress test qualifying rate8.09%
Payment you must qualify for$2,030.84

Cash Needed at Closing

Minimum down payment$13,900
Estimated BC PTT$3,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,960

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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