37189 Schooner Way
Pender Island, BC V0N2M2
$1,490,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.55 acres
- Zoning
- Unknown
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,906.42
Interior
- Heating
- Heat Pump, Baseboard heaters, Wood
- Cooling / A/C
- See Remarks
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Lower level | 21'8 x 7'5 |
| Bathroom | Lower level | 15'4 x 7'0 |
| Bedroom | Lower level | 15'6 x 15'11 |
| Bathroom | Lower level | 15'4 x 7'10 |
| Bedroom | Lower level | 15'6 x 13'10 |
| Office | Main level | 15'7 x 10'2 |
| Bathroom | Main level | 5'1 x 3'10 |
| Other | Main level | 14'7 x 11'3 |
| Laundry room | Main level | 14'7 x 10'5 |
| Ensuite | Main level | 13'7 x 7'8 |
| Primary Bedroom | Main level | 14'8 x 13'6 |
| Bathroom | Main level | 7'0 x 3'3 |
| Kitchen | Main level | 28'6 x 34'4 |
| Living room | Main level | 15'4 x 23'10 |
| Entrance | Main level | 6'7 x 22'0 |
Listing Information
- MLS®
- 1037887
- Listed
- May 22, 2026
- Time on market
- On the market for 101 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX LIFESTYLES REALTY · Data source: CREA DDF.
Description
This spacious oceanfront home offers a flexible layout that is well suited for full-time living, extended family, guests, or potential B&B/income or home business use. With main-level living upstairs and a separate lower level with its own entrance, the setup offers plenty of options depending on your needs. The upper floor features an open living, dining, and kitchen area 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, allowing for comfortable everyday living on one floor. Downstairs, the walkout lower level functions almost like a separate guest space, with two bedrooms, a wet bar with fridge, full bathroom, half bath, flexible living area, and direct access to the oceanfront deck. Ideal for visiting family and friends, a home share/B&B setup, or simply giving everyone their own space. The home is filled with natural light and enjoys ever-changing coastal scenery with passing boats, whales, eagles, and sunsets. Recent upgrades include new decking, heat pumps, and new flooring. Additional features include a double garage, greenhouse/sunroom, fenced garden with fruit trees, garden shed, and rainwater catchment irrigation. Located on Magic Lake water and sewer with access to Thieves Bay Marina and Magic Lake amenities including tennis courts. (id:63159)
Values & Trends
This listing
$502/sqft
Building average
—
No other active listings in this building
Pender Island average
$805/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 | 2.2 km |
| Mayne Island School | Elementary | 9.4 km |
| Saturna Island Elementary Secondary | K-12 | 9.8 km |
| Parkland Secondary | Secondary | 13.8 km |
| Galiano Community School | Elementary | 13.8 km |
| North Saanich Middle School | Middle | 14.0 km |
| Sidney Elementary | Elementary | 14.7 km |
| Deep Cove Elementary | Elementary | 14.9 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 Park259 m
- Unnamed498 m
- Unnamed580 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.