Islands-Van. & Gulf Homes under $500,000

Welcome to the enchanting Islands-Vancouver and Gulf region of British Columbia, Canada—a hidden gem that boasts breathtaking natural beauty and a vibrant community spirit. Nestled between the stunning Pacific Ocean and the majestic coastal mountains, this area is a paradise for nature lovers and outdoor enthusiasts alike. From the lush forests of Vancouver Island to the serene shores of the Gulf Islands, every corner offers a unique landscape that invites exploration and adventure.

For those seeking a home in this idyllic setting, the Islands-Van. & Gulf. region presents an incredible opportunity with a variety of charming properties available for under $500,000. Whether you're a first-time homebuyer, a retiree looking for a peaceful retreat, or an investor searching for a lucrative opportunity, you’ll find options that cater to your needs.

Imagine waking up to the sound of waves lapping against the shore or enjoying your morning coffee surrounded by towering trees and the scent of fresh pine. The region features a diverse array of homes, including cozy cottages, modern condos, and quaint bungalows, each offering its own unique charm and character.

Beyond the homes, the Islands-Van. & Gulf. region is rich in culture and community. With local markets, artisan shops, and an array of recreational activities such as hiking, kayaking, and whale watching, you’ll find endless ways to immerse yourself in the local lifestyle.

Discover the magic of Islands-Vancouver and Gulf—where your dream home awaits at an affordable price!

Newest Islands-Van. & Gulf Homes under $500,000

$485,000

4 Beds ⋅ 2 Baths ⋅ R3164462 MLS® #

PHILLIMORE POINT PARADISE Discover the charm of Phillimore Point, a boat-access neighbourhood minutes from Montague Marina. A short stroll from the private community dock leads to this architecturally designed, custom-built 4 bed, 2 bath mid-century retreat. The hexagonal home features ocean views, multiple decks, open-plan living, a loft, guest wing, rooftop deck and a spacious workshop. Coastal details include fir beams, cedar and spruce walls, parquet floors and floor-to-ceiling windows. Off-grid comforts include solar lighting, propane appliances, wood heat and community water. With a playhouse, gardens, water storage and zoning for a future cottage, this coastal gem is an ideal family retreat for rustic Gulf Island living.

456 Steward Dr, Galiano Island

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$499,000

3 Beds ⋅ 2 Baths ⋅ R3149034 MLS® #

Ocean views and exciting potential in the mid-century fixer-upper! ! Set on a quiet cul-de-sac, this 3-bed, 2-bath home enjoys views over Shingle Bay, out toward Swanson Channel and across to Gulf Islands National Park. The main level offers one-level living, with 3 bedrooms, 2 bathrooms and laundry located on the same floor. With its mid-century character, the home is ready for a new owner to restore its original style or live there and make improvements over time. The lower level provides space for a workshop, studio with ocean view, walk-out to deck and storage. A metal roof and heat pump are already in place. On Magic Lake water and septic. Located close to walking trails, ocean access and low-cost moorage at Thieves Bay Marina.

2610 Gunwhale Rd, Pender Island

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$345,000

1 Baths ⋅ R3133050 MLS® #

Designed with the environment in mind, offering a softer foot print. The property sleeps six with three accessory buildings; 12x10 water shed where you will find the well components, shower and laundry, a 12x7.10 Bunky for sleeping or studio and the main 18x20 cabin includes covered deck, with kitchen, loft, free standing propane fireplace, composting toilet, enclosed veranda plus plenty of open deck space to make your island vacay an enjoyable one. The .42 acre setting is lush with natural flora, evergreens and dabbled sunlight. Fenced for small children and pet to play safe. Close to multiple unique beaches and the historic Lighthouse Park.

508 Aya Reach Rd, Mayne Island

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2315 Mackinnon Rd Unit 10C, Pender Island

$249,000

2 Beds ⋅ 2 Baths ⋅ R3129506 MLS® #

Rarely available oceanfront gem at Currents at Otter Bay! This 2-bed, 2-bath SW-facing cottage in prime location offers one of the best views in the complex. Enjoy stunning ocean vistas and breathtaking sunsets from your wraparound deck, living room, dining area, kitchen, and main bedroom. Fractional 1/4 ownership provides one week per month including two consecutive summer weeks, with the option to rent out unused time. Fully furnished and equipped, including in-suite laundry, BBQ, and deck furniture. Monthly fees cover taxes, maintenance, utilities, and more. Pet-friendly. Just relax and enjoy resort-style living with access to Otter Bay Marina’s recreation area, kayaking, paddleboarding, beach walks, two pools, and the Marina Café & store. Walk to the ferry and Pender Island Golf Course

2315 Mackinnon Rd Unit 10C, Pender Island

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$399,998

2 Beds ⋅ 1 Baths ⋅ R3116070 MLS® #

Welcome to this 1105 sqft, 2 bed, 1 bath cabin, with the ultimate Gulf Island rustic charm! An unfinished 484 sqft loft above the main floor offers possibilities, accessed conveniently from the outside—transform it into a private office or creative space. A workshop attached to the home is perfect for hobbies or storage. Enjoy the sunny, lovingly landscaped outdoors with gardens and a unique monkey puzzle tree, adding character to the property. Embrace west coast cabin living while being close to nature's beauty and as an added bonus, a 5 mins walk to the Village Bay BC Ferry terminal! Come Feel the Magic!

279 Wood Dale Dr, Mayne Island

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$54,000

1 Beds ⋅ 1 Baths ⋅ R3104527 MLS® #

Oceanfront villa on Galiano Island with 6 weeks of use each year. This turnkey 1-bedroom retreat sleeps 4 with a queen bed and sofa bed, and features a compact kitchen, jetted tub, private balcony, and BBQ. With 1/8 fractional ownership, simply arrive and enjoy. Walk to the ferry terminal and get here in less than an hour from Tsawwassen. Resort amenities include moorage, Smart Car use, hot tub, spa, fitness centre, sandy beach, restaurant, bar, and pizzeria. Strata fees include property taxes and can be offset by giving days to rental pool. The perfect island escape. This suite is pet free.

134 Madrona Rd Unit 23B, Galiano Island

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$419,000

R3088077 MLS® #

This lovely, mostly level, and gently sloping 2.1-acre property is located at Galiano's south end. Tucked away behind an adjacent lot, the forested property with eastern exposure ensures excellent privacy. It has been held within the same family for decades. A roughed-in driveway leads to the 900 sq. ft. main house, which is considered a tear-down. There is also a 245 sq. ft. rustic, single-room cabin with a covered deck. An older wood stove provides heat. These 2 structures are not currently serviced by power, water, nor septic. Power and a well are along Burrill Road. Centrally located, the property is within walking distance of the ferry Terminal, eateries, the health care center, Saturday market and other local amenities. It is also a short walk to picturesque Bellhouse Park.

118 Burrill Rd, Galiano Island

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$419,000

2 Beds ⋅ 1 Baths ⋅ R3064091 MLS® #

LUSH & FERTILE VALLEY offering at Galiano’s North End! Set in a peaceful, established neighbourhood, this 1-acre property rests in a valley bottom flanked by a rocky ridge and a gently sloping, west-facing mossy rise—offering privacy, sunlight, and protection. Once a cow pasture, the rich soil & retention of moisture invite you to grow your own food and establish an orchard. Majestic maple trees and a seasonal stream enhance the landscape and support diverse wildlife. Enjoy year-round sunsets at Valerie’s Place Shore Access, a short walk down the lane. Cook Road wetlands & Dionisio Provincial Park offer nearby recreation. Spanish Hills Dock, North End Community Hall, and Pink Geranium cafe are minutes away. Zoning permits an additional dwelling—bring your vision & build your island dream!

23180 Porlier Pass Rd, Galiano Island

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134 Madrona Dr Unit 16 B1, Galiano Island

$65,000

1 Beds ⋅ 1 Baths ⋅ R2988537 MLS® #

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.

134 Madrona Dr Unit 16 B1, Galiano Island

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134 Madrona Rd Unit 23-D, Galiano Island

$52,000

1 Beds ⋅ 1 Baths ⋅ R2934814 MLS® #

Luxurious oceanfront living on Galiano. This fine GALIANO INN & SPA VILLA unit may just be the vacation spot, you have been looking for. Offering fractional ownership entitling you to 6 weeks of personal use per year. This 1 BR unit with a fully equipped kitchen is located on the 2nd floor affording panoramic ocean views from the covered private deck that comes with a soaker tub & a fire place. Enjoy gourmet meals at the in - house Atrevida Restaurant. Treat yourself to a massage. Go for a stroll on the sandy beach. Enjoy a refreshing swim. Easy access to your getaway: arrive by private boat & tie up at the Galiano Inn's dock or take the ferry & walk over to your suite. You can also rent a Smart car to explore the wild beauty of the island with its numerous world-class parks & beaches.

134 Madrona Rd Unit 23-D, Galiano Island

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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.