Property Type: Land / LotOwnership: Freehold

LOT 115 MURDOCH ROAD

Garden Bay, BC V0N1S1

$349,000

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Property Details

Property & Lot

Lot size
33,939 square feet
Frontage
164 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,509.72 (2024)

Interior

Fireplace
None

Listing Information

MLS®
R3102223
Listed
March 23, 2026
Time on market
On the market for 161 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Spacious and level 0.78-acre parcel, tucked in the peaceful community of Madeira Park in Pender Harbour. This property has approx. 164 feet of road frontage and is 220 feet deep. The lot is level and easy to build on. Zoning allows a single-family home plus an auxiliary dwelling, and uses allow a B&B. Located minutes from Francis Point Marine Park and Madeira Park's shops and services, this property offers a rare blend of tranquility and convenience. Surrounded by ocean, lakes, and forest, explore endless recreational opportunities right outside your door, and enjoy a laid-back lifestyle in a friendly, well-established neighbourhood. Whether you´re planning a permanent home or a weekend retreat, this is West Coast living at its finest. (id:63159)

Location Insights

Weather

Nearest station: Sechelt

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Madeira Park ElementaryElementary1.9 km
Pender Harbour Elem-SecondaryK-126.5 km
Halfmoon Bay ElementaryElementary19.6 km
False Bay SchoolK-1221.1 km
West Sechelt ElementaryElementary24.2 km
Kinnikinnick ElementaryElementary24.6 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.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,200.00
Periodic payment — Principal & Interest (monthly)$1,801.30
Additional monthly expenses (strata, tax, utilities, etc.)$125.81
Total monthly cost$1,927.11
Interest paid over 5-yr term$80,019.52
Balance at end of term$251,141.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,549.50

Cash Needed at Closing

Minimum down payment$17,450
Estimated BC PTT$4,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,930

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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