105 MADRONA ROAD, Galiano Island
$885,000
This 17,424 sqft property in Galiano Island is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
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!
How this price compares
This lot asks $51 per square foot of lot. That is 206% above the median of $17 across the 13 active lots VanPlex is showing in Galiano Island, and puts it 11 of 13 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $885,000
- Lot size
- 17,424 sqft
- Lot dimensions
- 97 x
- Frontage
- 97 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1941
- MLS® area
- Galiano Island
- MLS® number
- R2939136
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Listing data via MLS®. Displayed for information only.