11.3% price reduction

1690 Cottage Way, Galiano Island, BC

$865,000
Est. Mortgage /mo

MLS® R2981533

3 Beds
3 Baths
2585 sqft
335 $ /sqft
1974 Built
$865,000
$975,000
Est. /mo with 20% down
$335/sqft · Tax $2,720/2022
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

11.3% price reduction

GREAT VALUE! Expansive ocean-view home at the north end of Galiano Island with direct access to the stunning trails of Bodega Ridge Provincial Park. Nestled in lush woodland, this unique property offers rare ocean vistas across both sides of the island.This 2-bed, 2-bath home features a West Coast modern aesthetic with vaulted ceilings, rich cedar walls, and floor-to-ceiling windows that frame sweeping southwest views over Trincomali Channel. From the rooftop deck, enjoy sparkling coastal mountain views above the Salish Sea. An open-concept kitchen, dining, and living area makes entertaining easy, while the spacious library, office, and lounge offer flexible space to work, create, or unwind. Attached guest suite provides income potential. With TLC, this island gem can shine again.

General Info

Price $865,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2585
Lot Size 2.02
Lot Size Depth Feet
Lot Size Frontage 594.23
Basement None
Basement Features -

Property Metrics

Year Built 1974
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2981533
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Galiano Island
City Galiano Island
Postal Code V0N 1P0
Price per Sqft $335
Gross Taxes $2,720.44
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Wood
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Open, RV Access/Parking, Guest, Side Access, Aggregate
Total Parking Spaces -
Listed by: Gulfport 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.

Neighborhood & Transit Info

Private Schools

Elementary
Salt Spring Centre School
13.62 km
Secondary
Penelakut Island Learning Centre
10 km

Closest Transit

Bus Stop
Fernwood Rd at Walkers Hook Rd (NB)
4.17 km
Skytrain
Skytrain @ Yvr-Airport Stn
36.35 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 $227
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($173,000), the estimated monthly payment for this listing is $3,531/month — $3,304 principal & interest, $227 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 an estimated rental income of $4,438/month against $3,675/month in carrying costs, this property generates an estimated +$763/month positive cashflow.
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 $865,000
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 (11.3% 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

What are the closest top-rated schools to 1690 Cottage Way, Galiano Island, BC?

Is 1690 Cottage Way, Galiano Island, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 1690 Cottage Way, Galiano Island, BC?

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

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $5,999
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$300 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent