Property Type: Detached HouseOwnership: Freehold

3803 Cutlass Crt

Pender Island, BC V0N2M2

$799,000

2 bed1 bath2 parking760 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Lot size
1.03 acres
Zoning
Unknown

RR1 & W1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,172.31

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
LoftThird level5' x 8'
EntranceSecond level12'11 x 5'11
BedroomSecond level7'8 x 11'5
Primary BedroomSecond level10'6 x 11'5
Living roomMain level10'3 x 15'5
Eating areaMain level8'3 x 8'8
KitchenMain level8'4 x 8'5

Listing Information

MLS®
1036494
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

Listing provided by: Coastal Life Realty Ltd. · Data source: CREA DDF.

Description

Experience year-round tranquility with nature at your doorstep in this stunning south-facing high-bank oceanfront retreat. Watch humpbacks, orcas and eagles travel by as storms roll across the Salish Sea while you stay cozy by the fire. Tucked away from the road in a private, peaceful setting, this is the kind of property people dream about escaping to, a true West Coast hideaway surrounded by trees, rockery and the soothing sounds of a seasonal stream running alongside the home. The cottage offers 2 bedrooms, 1 bathroom and a charming loft accessed by a captain’s ladder that grandchildren and adventurous guests will love. The open concept kitchen, dining and living space features vaulted wood ceilings, creating warmth and natural light throughout. A wall of windows frames the ever-changing ocean views and opens onto a spacious deck where you can enjoy your morning coffee, evening sunsets or simply listen to the waves below. One of the unique features of this property is the sense of arrival. A private driveway winds through the trees to a flat parking area, followed by naturally landscaped stairs leading down to the cottage, creating a feeling of complete separation from the outside world. A special bonus is the electric trolley system, making it easy to transport groceries and belongings from the parking area directly to the deck. Designed for low-maintenance island living, the home features a durable metal roof and is connected to the Magic Lake Estates water and sewer system for added peace of mind. Located close to Magic Lake, ocean access points, scenic walking trails and Thieves Bay Marina, where Magic Lake homeowners enjoy access to low-cost moorage. Whether you are searching for a peaceful full-time residence, a weekend getaway or the perfect place to gather with family and friends, this oceanfront sanctuary offers the very best of Pender Island living. (id:63159)

Values & Trends

This listing

$1,051/sqft

Building average

No other active listings in this building

Pender Island average

$790/sqft

36 active listing(s)

Parking: 2 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/Middle1.8 km
Saturna Island Elementary SecondaryK-129.4 km
Mayne Island SchoolElementary9.6 km
Parkland SecondarySecondary14.0 km
North Saanich Middle SchoolMiddle14.1 km
Galiano Community SchoolElementary14.1 km
Sidney ElementaryElementary14.8 km
Deep Cove 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 (4)

  • Unnamed395 m
  • Unnamed446 m
  • Capstan Lane Park579 m
  • Danny Martin Ball Park620 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$469.03
Total monthly cost$4,592.93
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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