4812 Cannon Cres
Pender Island, BC V0N2M2
$260,000
Property Details
Property & Lot
- Lot size
- 20,473 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,380.34
Interior
- Fireplace
- None
Exterior & Lot
- View
- Ocean view
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1033641
- Listed
- August 19, 2026
- Time on market
- On the market for 12 days
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
Set on Pender Island and just moments from Magic Lake, this 0.47-acre parcel of undeveloped land offers much possibility in a sought-after Gulf Islands setting. One of three adjoining parcels currently available, it provides the option to acquire additional land for increased privacy or a larger overall holding. The land features a mix of natural terrain and treed areas, offering a range of possibilities. An existing structure remains on site and is included as is. Well suited to buyers who value space, privacy, and a connection to the outdoors, with an opportunity for those drawn to land stewardship to care for the land in its natural state. Located within Magic Lake Estates, owners can become members of the Magic Lake Property Owners Society which will allow for exclusive moorage options at Thieves Bay Marina as well as preferred rates for using the tennis courts. A rare opportunity in a desirable island setting with access to oceanfront recreation, trails and nearby amenities. (id:63159)
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
11
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 | 1.2 km |
| Saturna Island Elementary Secondary | K-12 | 8.9 km |
| Mayne Island School | Elementary | 9.9 km |
| Parkland Secondary | Secondary | 14.3 km |
| North Saanich Middle School | Middle | 14.4 km |
| Galiano Community School | Elementary | 14.6 km |
| Sidney Elementary | Elementary | 15.0 km |
| Deep Cove Elementary | Elementary | 15.6 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)
- Swimming Hole Park155 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($13,000) — 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.