Courtesy of Pemberton Holmes Ltd.
Island living that pays you back. Tucked into sought-after Magic Lake Estates on North Pender Island, this rare two-dwelling property pairs an extensively updated 1,450 sq ft main home (3 bed, 2 bath, ocean views) with a legal, self-contained detached cottage (1 bed, 1 bath, its own kitchen) on a private, level 0.45-acre lot. Updated so thoroughly it was reclassified by BC Assessment as a single family dwelling, the main home is bright and move-in ready. Live in one and rent the other: the cottage rents for $16,200/yr and the main home is estimated near $30,000/yr. Enjoy a gardener's paradise yard, municipal water and sewer (rare on the islands), and a location minutes from Magic Lake, Thieves Bay Marina moorage, tennis, pickleball, disc golf, trails and beaches. Reached by BC Ferries from Swartz Bay and Tsawwassen, plus floatplane. A full-time island home with income, room for extended family, or an investment that rarely comes together like this.
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