36.2% price reduction

105 Madrona Rd, Galiano Island, BC

$950,000
Est. Mortgage /mo

MLS® R2939136 · Sturdies Bay

2 Beds
2 Baths
800 sqft
1188 $ /sqft
1941 built
$950,000
$1,490,000
Est. /mo with 20% down
$1,188/sqft · Tax $3,622/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

36.2% price reduction

Waterfront with beach access! Located at the south end of the island, this south-facing waterfront property, held by the same family for over 100 years, offers unbeatable walkability to the ferry, restaurants, and shopping, all right at your doorstep in Sturdies Bay on Galiano Island. The cozy one-bedroom main house is complemented by a charming one-bedroom cottage and a large garage on a spacious, cleared lot. Enjoy direct access to a sandy beach with shallow waters via a private staircase, perfect for relaxation. The property also boasts fruit trees, a fenced garden, and bright southern exposure, making it the ultimate island retreat. Possibility of rezoning property to commercial exists. Boaters - Sturdies Bay dock is steps away!

General Info

Price $950,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 800
Lot Size 17424
Lot Size Depth Feet
Lot Size Frontage 97
Basement Crawl Space
Basement Features -

Property Metrics

Year Built 1941
Age Of Building 85
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2939136
Building Name Sturdies Bay
Area Islands-Van. & Gulf
Neighbourhood Galiano Island
City Galiano Island
Postal Code V0N 1P0
Price per Sqft $1,188
Gross Taxes $3,622.33
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

Utility Type Electricity Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Shallow

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 4
Listed by: Hugh & McKinnon Realty Ltd.

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.

Neighborhood & Transit Info

Private Schools

Elementary
Salt Spring Centre School
14.04 km
Elementary, Secondary
Southpointe Academy
25.45 km

Closest Transit

Bus Stop
Long Harbour Rd at Scott Point Dr (WB)
9.77 km
Skytrain
Skytrain @ Brighouse Stn
34.84 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $302
Maintenance fee 0
A 20% down payment of $190,000 on this $950,000 listing yields an estimated mortgage of $3,628/month (30-year fixed, 4%). Total estimated housing cost: $3,930/month, $302 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $3,556/month in estimated rental income against $4,088/month in mortgage payments, the monthly cashflow is -$532/month. A 32% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $950,000
Galiano Island Loading...
Galiano Island Loading...
There are currently no active comparable Single Family Residences in Galiano Island to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (36.2% 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

Property FAQs

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

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