5 Wise Island
Gulf Islands, BC V0N1P0
$299,000
Property Details
Property & Lot
- Lot size
- 16,553 square feet
- Zoning
- Unknown
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,062
Interior
- Fireplace
- None
Building
- Parcel ID (PID)
- 003-614-492
Listing Information
- MLS®
- 1048335
- Listed
- September 2, 2026
- Time on market
- On the market for 11 days
- Data last synced
- September 13, 2026
Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.
Description
A rare opportunity to create your own West Coast island retreat. Lot 5 on Wise Island is an exceptional waterfront building lot positioned at the tip of the island, offering approx 215' of water frontage with the potential for stunning East, West and North water views. Set within a protected bay, this is a truly special setting to build something uniquely your own. One of Wise Island’s rare amenities is community water, treated and tested monthly and already brought to the property line. A $2,500 connection fee applies, plus a monthly fee based on development. The island is off-grid with no power or sewer, embracing an authentic island lifestyle with solar power and pit toilets. Fire standpipes are located throughout the island. Most owners access Wise Island via Galiano Island, just a short boat ride away, or enjoy an approximately 1.5-hour leisurely cruise from Sidney. Watch our detailed walkthrough video to explore the entire island, both the members docks and the incredible potential of Lot 5. Please do not visit the property without an appointment and explanation from your Realtor. (id:63159)
Location Insights
Weather
Nearest station: Duncan
13°C
—
Humidity 90%
Wind WNW calm km/h
Today
21°
Tonight
12°
Monday
18°
Monday night
13°
Tuesday
22°
Tuesday night
10°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Fernwood Elementary | Elementary | 6.7 km |
| Salt Spring Elementary | Elementary | 6.8 km |
| Gulf Islands Secondary | Secondary | 6.9 km |
| Phoenix Place | Secondary | 6.9 km |
| Galiano Community School | Elementary | 8.6 km |
| Mayne Island School | Elementary | 13.6 km |
| Crofton Elementary Community School | Elementary | 15.2 km |
| Maple Bay Elementary | Elementary | 18.3 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.
School district: Gulf Islands (SD64)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,950) — 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.