1609 Schooner Way, Pender Island BC - Land for Sale - MLS# R3089366

$225,000
Est. Mortgage $995/mo
0 sqft
10.0% price reduction
$225,000
$250,000
Est. $995/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 1609 Schooner Way

10.0% price reduction

This 0.45-acre parcel sits in a serene pocket near the end of a cul-de-sac, offering a quiet setting with filtered ocean views and a natural island backdrop. A lovely location to bring your island home plans to life. Services are already at the lot line, including municipal water, sewer, and hydro. The property is ideally situated close to Thieves Bay Marina, parks, and walking trails, offering an easy connection to the outdoor lifestyle Pender Island is known for. Magic Lake homeowners enjoy exclusive use of Thieves Bay Marina with low moorage rates A solid opportunity to secure a well-located parcel in a desirable area and build at your own pace in a serene Gulf Island setting.

Exterior Features

Structures Land Only

Building Details

Price $225,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 19602
Lot Size Depth Feet
MLS® # R3089366
Area Islands-Van. & Gulf
Neighbourhood Pender Island
City Pender Island
Postal Code V0N 2M2
Gross Taxes $3,017.13
Zoning RR1

Property Timeline

Status Date Price
R3089366 / Active 02-12-2026 $225,000

Listed by: RE/MAX LIFESTYLES REALTY

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
Salt Spring Centre School
14.15 km
Secondary
Brentwood College
22.32 km

Closest Transit

Bus Stop
Beaver Point Parking Lot
4.27 km
Skytrain
Skytrain @ Brighouse Stn
45.34 km

Demographics

Post-Secondary Education
Above Average
34.1%
No Certificate/Degree
Below Average
9.1%
Owner Occupied
Below Average
35.2%
Employment Rate
Below Average
23.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1609 Schooner Way

Mortgage Calculator for 1609 Schooner Way

/month
Principal & Interest
Property Taxes $251
Maintenance fee 0
A 20% down payment of $45,000 on this $225,000 listing yields an estimated mortgage of $859/month (30-year fixed, 4%). Total estimated housing cost: $1,110/month, $251 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing has an estimated rental yield of $1,346/month, resulting in a +$180/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Pender Island, Pender Island

Beds Home Types Square Feet Lot Size Year Built
This Home $225,000
Pender Island Loading...
Pender Island Loading...

Based on 2 comparable active properties in Pender Island, the average asking price is $251,500. This listing is priced 10.5% below the neighbourhood average. This property is flagged as a Hot Deal (10.0% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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