Pender Island · V0N2M2
$3,835/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Welcome to Magic Lake Estates on beautiful Pender Island! Set on a private, fully fenced 0.41-acre lot, this well-maintained island home is 1,850 sq ft with 3 beds & 3 baths, surrounded by mature landscaping, fruit trees, & multiple garden beds with sprinkler system to satisfy that green thumb. A gated entry leads to a property that has been thoughtfully cared for inside & out. The main living area features a propane fireplace, separate dining room, & easy access to expansive decks & patio areas—ideal for outdoor living. A unique English-style teahouse adds flexible space for hobbies or quiet retreat. Located on a cul-de-sac, the home is connected to municipal water & sewer, a significant advantage over well & septic systems. Property owners in Magic Lake Estates can be members of the Magic Lake Property Owners Society and get exclusive access to moorage at Thieves Bay Marina and reduced rates at the Tennis/Pickle Ball courts. Experience Golf Island living at it's best! Welcome home!
3
Beds
1,850 ft²
Floor area
1993
Year built
Single Family
Type
Pender Island
Area
Listed
January 31, 2026
$775,000 is 52.9% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).
Nearby & Commute
32 min
walk to Tru Value Foods
2h 17m
bike to nearest SkyTrain station
7h 37m
walk to nearest SkyTrain station
2h 21m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 59%
| Detached | 20 | 58.8% |
| Land | 14 | 41.2% |
| $5,000 to $9,999 | 5 | 1.5% |
| $15,000 to $19,999 | 5 | 1.5% |
| $20,000 to $24,999 | 25 | 7.5% |
| $25,000 to $29,999 | 15 | 4.5% |
| $30,000 to $34,999 | 15 | 4.5% |
| $35,000 to $39,999 | 20 | 6.0% |
| $40,000 to $44,999 | 20 | 6.0% |
| $45,000 to $49,999 | 20 | 6.0% |
| $50,000 to $59,999 | 40 | 11.9% |
| $60,000 to $69,999 | 30 | 9.0% |
| $70,000 to $79,999 | 30 | 9.0% |
| $80,000 to $89,999 | 20 | 6.0% |
| $90,000 to $99,999 | 15 | 4.5% |
| $100,000 to $124,999 | 30 | 9.0% |
| $125,000 to $149,999 | 10 | 3.0% |
| $150,000 to $199,999 | 25 | 7.5% |
| $200,000 and over | 10 | 3.0% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$3,835
Principal and interest
Calculated estimate
$3,469
Property tax
Calculated estimate
$217/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$749,900
Down payment
Calculated estimate
$149,980 (20%)
Estimated mortgage
Calculated estimate
$599,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$3,835
/mo
Rate
%
Amortization
Principal and interest
$3,469
Property tax (est.)
$217
P&I
Tax
Down payment
$149,980 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $149,980 down (20%) on $749,900, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
