37189 SCHOONER WAY
Pender Island, BC V0N2M2
$1,490,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.55 acres
- Frontage
- 0 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,906.42 (2025)
Interior
- Basement
- Finished, Crawl space, Unknown
- Heating
- Heat Pump, Baseboard heaters, Wood
- Fireplace
- Yes (1)
Exterior & Lot
- View
- View
- Waterfront
- Waterfront
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3126823
- Listed
- May 22, 2026
- Time on market
- On the market for 101 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.
Description
Spacious oceanfront home with a flexible layout ideal for full-time living, extended family, guests, potential B&B/income or home-business use. Main-level living upstairs features open living, dining, and kitchen spaces with vaulted ceilings, large windows, and panoramic east, south, and west-facing ocean views. The primary bedroom, ensuite, walk-in closet, office/flex space, and expansive oceanfront deck are all on the main level. The separate walkout lower level offers 2 bedrooms, wet bar with fridge, full and half bath, flexible living space, and oceanfront deck access. Recent upgrades include new decking, heat pumps, and flooring. Double garage, greenhouse/sunroom, fenced garden, fruit trees, and Magic Lake water/sewer with Thieves Bay Marina access. (id:63159)
Values & Trends
This listing
$361/sqft
Building average
—
No other active listings in this building
Pender Island average
$809/sqft
36 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Pender Islands Elem-Secondary | Elementary/Middle | 2.3 km |
| Mayne Island School | Elementary | 9.5 km |
| Saturna Island Elementary Secondary | K-12 | 9.9 km |
| Parkland Secondary | Secondary | 13.7 km |
| Galiano Community School | Elementary | 13.8 km |
| North Saanich Middle School | Middle | 13.9 km |
| Sidney Elementary | Elementary | 14.6 km |
| Deep Cove Elementary | Elementary | 14.8 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 (3)
- Capstan Lane Park312 m
- Unnamed540 m
- Unnamed624 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.