- Active
#16 B1 – 134 Madrona Drive
Galiano Island · Apartment/Condo
- Beds
- 1
- Baths
- 1
- Sqft
- 646
- Built
- 2008
Listed by Hugh & McKinnon Realty Ltd. · MLS® R2988537
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Sign inListing history
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About this home
Turnkey Oceanfront Groundfloor Villa - 6 Weeks Per Year! Own a cozy retreat on Galiano Island with this well-appointed 1-bedroom villa (Queen bed+ sofa bed), sleeping up to 4 with a small kitchen. With 1/8 fractional ownership, enjoy 6 weeks per year-just show up, relax, and unwind. Amenities include moorage, Smart Car use, hot tub, spa, fitness center, sandy beach, restaurant/bar, and pizzeria. Low strata fees include property taxes. Galiano Island, the jewel of the Southern Gulf Islands, offers 100 km of trails, 69 beach access points, and a vibrant arts and culinary scene. Adventure or tranquility- you choose. This suite is pet free.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 646 sq ft
- Year built
- 2008
- Pets
- Not allowed
- Storey
- 1
- Parking
- 12
- Property type
- Apartment/Condo
- Basement
- None
- Carport
- No
- Fireplace
- 1
- Area
- Islands-Van. & Gulf
- Sub-area
- Galiano Island
- Style
- Ground Level Unit
- Listed
- Hidden until you accept the VOW terms
- Structure
- Multi Family
- PID
- Hidden until you accept the VOW terms
Highlights
- Waterfront
- Gym
- In-suite laundry
- Hot tub
- Golf course
- Wine fridge
- Caretaker
- Hot water incl.
Features and inclusions
- Appliances
- Dryer, Dishwasher, Refrigerator, Stove, Wine Cooler
- Heating
- Baseboard
- Flooring
- Hidden until you accept the VOW terms
- Construction
- Hidden until you accept the VOW terms
- Roof
- Hidden until you accept the VOW terms
- Parking
- Open, RV Access/Parking, Lane Access, Gravel
- Lot
- Near Golf Course, Marina Nearby, Private, Recreation Nearby
- Laundry
- In Unit
- Community
- Restaurant
Board rules show these details to signed-in buyers who accept the VOW terms.
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $308
- Property tax
- $17/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $475
Purchase snapshot
- List price
- $65,000
- Down payment
- $13,000 (20%)
- Estimated mortgage
- $52,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $593 a month
- Gross yield
- 10.9%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Space and layout
Room sizes and building details need a free account
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 66%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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