Property Type: Land / LotOwnership: Freehold

4846 Cutlass Crt

Pender Island, BC V0N2M2

$468,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
2 acres
Zoning
Rural residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,166.94

Interior

Fireplace
None

Parking

Total spaces
4

Listing Information

MLS®
1047270
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 this 2.0 acre parcel of undeveloped land with OCEAN views 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 and potential for creating a home with a breathtaking vista to enjoy. 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

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/Middle1.4 km
Saturna Island Elementary SecondaryK-129.0 km
Mayne Island SchoolElementary9.9 km
Parkland SecondarySecondary14.2 km
North Saanich Middle SchoolMiddle14.3 km
Galiano Community SchoolElementary14.6 km
Sidney ElementaryElementary14.9 km
Deep Cove ElementaryElementary15.4 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)

  • Swimming Hole Park310 m
  • Danny Martin Ball Park747 m
  • Prior Park792 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$374,400.00
Periodic payment — Principal & Interest (monthly)$2,415.50
Additional monthly expenses (strata, tax, utilities, etc.)$347.24
Total monthly cost$2,762.75
Interest paid over 5-yr term$107,304.12
Balance at end of term$336,774.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,400
Stress test qualifying rate8.09%
Payment you must qualify for$3,418.82

Cash Needed at Closing

Minimum down payment$23,400
Estimated BC PTT$7,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,260

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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