Property Type: Detached HouseOwnership: Freehold

4218 Armadale Rd

Pender Island, BC V0N2M1

$1,699,000

0 bed0 bath5 parking1,000 sqft
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Property Details

Property & Lot

Sub-type
House
Lot size
3.16 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,153.49

Interior

Heating
Wood
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
Living room/Dining roomMain level16'3 x 15'1

Listing Information

MLS®
1038321
Listed
May 27, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Take in the spectacular natural beauty and ever-changing views that provide a perfect vantage point for observing seals, orca whales, bald eagles and lively river otters. Experience this stunning Pender Island 3.16-acre oceanfront retreat with a walkable beach shoreline in the heart of the Gulf Islands. Ideal for boat lovers and nature enthusiasts, this property is making its debut on the market after being in the same family for generations. Mature forested trees are sprinkled throughout and a cottage steps from the oceanfront among other outbuildings adorn the property. Bonus of two registered water wells. This extraordinary waterfront setting is a dream waiting to be realized. There are no easements, restrictive covenants or right of ways on the property title, providing immense possibilities for your ocean view dream home. Don’t let this chance slip away, this is a very large parcel of waterfront property with potential to subdivide in the future. Make this paradise your own today! (id:63159)

Values & Trends

This listing

$1,699/sqft

Building average

No other active listings in this building

Pender Island average

$772/sqft

36 active listing(s)

Parking: 5 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

4

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
Mayne Island SchoolElementary3.9 km
Pender Islands Elem-SecondaryElementary/Middle5.3 km
Saturna Island Elementary SecondaryK-128.4 km
Galiano Community SchoolElementary8.9 km
Salt Spring ElementaryElementary16.7 km
Gulf Islands SecondarySecondary17.1 km
Phoenix PlaceSecondary17.2 km
Parkland SecondarySecondary18.8 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 (1)

  • Mount Elizabeth Park565 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$312.79
Total monthly cost$9,081.89
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

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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