73 Madrona Rd, Galiano Island, BC, MLS® R2948068

$1,035,000
Est. Mortgage /mo

29.8% price reduce

$1,035,000
$1,475,000
Est. Mortgage /mo
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
2 Beds
1 Baths
1 Stories
lot 33106 sqft
850 sqft
1954 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

73 Madrona Rd, Galiano Island, BC | MLS® R2948068 Property Details

29.8% price reduce

This charming waterfront property in Sturdies Bay offers beautiful views of Active Pass and private access to a sandy beach. The large cleared lot includes a cozy 2-bedroom main house with basement, a rustic 1-bedroom cabin, and a versatile studio/bunkie perfect for hosting or hobbies. Conveniently located near the ferry and south-end amenities, this Gulf Island property is ideal for year-round living or as a delightful recreational retreat. Possibility of rezoning property to commercial exists. Boaters - Sturdies Bay Government Dock is just steps away!

General Info

Price $1,035,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 850
Lot Size 33106
Lot Size Depth Feet
Lot Size Frontage 110
Basement Full, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Live/Work Studio, Rancher/Bungalow w/Bsmt.
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2948068
Area Islands-Van. & Gulf
Neighbourhood Galiano Island
City Galiano Island
Gross Taxes $3,750.02
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Baseboard

Utilities

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

Parking

Parking Type Open, Front Access
Total Parking Spaces 0

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Strata Restrictions -
Rental Restrictions -
Zoning VR1
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description Sturdies Bay Waterfront
Units In Development -
Exterior Features Private Yard
Sewer Septic Tank
Roof Metal

Property History

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Status Date Price
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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 Info

Private Schools

Elementary
Country Echoes Parochial School
0 km
No Rating
Secondary
The Chinese Academy
0 km
No Rating

Closest Transit

Saltspring Island
Long Harbour Rd at Scott Point Dr (WB)
8.08 km

Welcome to this stunning property for sale, located at 73 Madrona Road, Galiano Island, BC, presented to you by [Your Name], a trusted and experienced realtor with a deep understanding of the local market. As we explore this beautiful island, I'm excited to share with you the unique characteristics of this neighborhood, which make it an ideal place to call home.

Education

Let's start with the top-notch educational institutions in the area. The closest elementary school to this property is Salt Spring Centre School, located approximately 12.48 km away. While it's a bit of a drive, families appreciate the school's commitment to providing a well-rounded education. For secondary education, the nearest school is Penelakut Island Learning Centre, about 21.41 km from this home. Although it's a bit farther, the school's focus on personalized learning and community engagement makes it a great option for students.

Crime Statistics

According to the latest data from Statistics Canada (2020), the neighborhood surrounding 73 Madrona Road, Galiano Island, BC, boasts a low crime rate of 4,191.37 incidents per 100,000 population. This is significantly lower than the national average, providing residents with peace of mind and a sense of security. Furthermore, the drug crime rate is also low, with a rating of 20.45, indicating a safe and stable community.

Demographics

The neighborhood adjacent to this property is home to a diverse range of residents. With 34.1% of the population holding a university certificate or degree, this area excels in terms of educational attainment. In contrast, only 9.1% of residents have no certificate or degree, reflecting a strong emphasis on education and personal development. The median household income in this neighborhood is $54,037, which is below average compared to other areas in British Columbia. However, this also means that the cost of living is relatively low, making it an attractive option for families and individuals.

Transit and Commuting

The closest bus station is located at Long Harbour Rd and Scott Point Dr, approximately 8.08 km away from this property. While it's not walking distance, the convenient access to public transportation makes it easy for residents to get around the island. With an unemployment rate of 2.9%, this area offers a strong economy and job opportunities.

Lifestyle Amenities

This neighborhood is surrounded by a range of lifestyle amenities that make it an ideal place to live. The average age of the population is 56.7, indicating a mature and established community. With 67.2% of residents being married or living in common-law relationships, this area is perfect for families and couples. The average family size is 2.3, which is lower than the average in the region.

Real Estate Context

The average value of dwellings in this neighborhood is $517,411, which is above average compared to other areas in British Columbia. With an average owner payment of $815, this area is relatively affordable, making it an attractive option for first-time homebuyers. The majority of residents (79.3%) use cars as their primary mode of transportation, while 2% use bicycles, and 7.8% walk.

Additional Facts
  • The population change between 2011 and 2016 was -2.8%, which is below average compared to the region.
  • The population density per square kilometer is 24.7, which is below average.
  • 14.3% of the population are renters, which is below average compared to other areas in British Columbia.

As your trusted realtor, I'm excited to help you explore this unique and charming neighborhood. With its strong educational institutions, low crime rate, and convenient access to lifestyle amenities, this area is an ideal place to call home. Contact me today to schedule a viewing and make this property your dream home.

MLS® R2948068 | 73 Madrona Road, Galiano Island, BC | [Your Name] | Your Trusted Realtor

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

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Beds Home Types Square Feet Lot Size Year Built
This Home $1,035,000
Galiano island No comparables
Galiano Island No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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