Waterfront Properties

Experience the unsurpassed quality and elegance of a luxury waterfront home in Victoria, British Columbia. This west coast island gem is located on the southern tip of Vancouver Island where rugged natural beauty and a vibrant cultural lifestyle come together in perfect harmony. With a year round moderate climate residents and visitors from around the world enjoy country clubs that boast first class golf courses, fishing excursions, sailing and hiking adventures. Live theatre, fine dining and an eclectic mix of art festivals provide the backdrop of unique urban living.

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Not surprisingly, Victoria has been named the number one Canadian city for those looking to retire, raise families or for sound waterfront real estate investments. Whether you find your luxury dream home overlooking the oceanfront or in one of the many waterfront coastal communities, Vancouver Island offers discerning home buyers a relaxed lifestyle with ample outdoor activities in all four seasons. When you are looking for that exclusive California style beach house or an expansive oceanfront estate acreage home with fully equipped maid quarters, let British Columbia’s capital city of Victoria sweep you off your feet and put you on the waterfront.

Victoria, British Columbia enjoys a flourishing, active real estate market with prime waterfront homes that cater to clients looking for superior quality, elegance and the natural beauty of the west coast. Residents can live the private lifestyle they are accustomed to and still enjoy the convenience of fine dining, live theatre, unique boutique style shopping and all the amenities of a vibrant downtown oceanfront community. From one of a kind heritage waterfront homes in Victoria to exclusive private oceanfront log cabins nestled along one of the many surrounding seaside communities one is sure to find the home of their dreams.

Whether you are searching for a home for your family close to top private schools, the perfect retirement home or real estate investment opportunities in Victoria you can depend on the team of Scott Piercy and his team of Engel & Völkers to take care of every detail. They understand the special needs of home buyers looking for exclusive waterfront homes in Victoria and the surrounding area. They pride themselves in catering to your specific needs and assuring that every detail will be professionally taken care of. Join the growing number of people that are taking advantage of a thriving community and real estate market in the rugged and pristine beauty of Canada’s west coast.

177 Mariners Way

GI Mayne Island Mayne Island V0N 2J2

$699,000

Residential beds: 2 baths: 1.0 876 sq. ft. built: 1975

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• Details
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Status:

Active

Prop. Type:

Residential

MLS® Num:

1000569

Bedrooms:

2

Bathrooms:

1

Year Built:

1975

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Welcome to Otterspool Cottage! Experience the charm of this cozy waterfront cabin, perfectly situated on a gently sloped lot with views into Village Bay, nestled in the tranquil woods. This adorable 2-bedroom, 1-bath cabin offers a warm and inviting atmosphere with a feeling of 'family'. The cottage features an open living space with large windows that showcase the scenic waterfront from the dining room, along with a workshop and laundry in the basement. Grab a couple chairs and head down to the shoreline where the forest meets the ocean to a lovely, little beach for summers and sunsets. Ideal for a weekend getaway or a quiet retreat, this waterfront cabin combines rustic charm with nature’s beauty for the perfect escape. Come Feel the Magic!

Documents & Links:

Sales Brochure

General Info:

Property Type:

Residential

Type:

Single Family Residence

Year built:

1975 (Age: 51)

Living Area:

876 sq. ft.81.4 m2

Listing General Location:

GI Mayne Island, Gulf Islands

Bedrooms:

2

Bathrooms:

1.0 (Full:-/Half:-)

Lot Size:

14,811 sq. ft.1,376 m2

Kitchens:

1

Home Style:

Cottage/Cabin

Additional Info:

Construction:

Frame Wood, Wood

New Construction:

No

Basement:

Unfinished, Walk-Out Access

Foundation:

Pillar/Post/Pier, Concrete Perimeter

Electricity:

Yes

Roof:

Asphalt Shingle

Total Building Area:

1,271 sq. ft.118 m2

Total Unfinished Area:

395 sq. ft.36.7 m2

# Bedrooms or Dens Total:

2

# Main Level Bedrooms:

2

# Second Level Bedrooms:

0

# Third Level Bedrooms:

0

# Lower Level Bedrooms:

0

# Other Level Bedrooms:

0

# Main Level Bathrooms:

1

# Second Level Bathrooms:

0

# Third Level Bathrooms:

0

# Lower Level Bathrooms:

0

# Other Level Bathrooms:

0

# Main Level Kitchens:

1

# Second Level Kitchens:

0

# Third Level Kitchens:

0

# Lower Level Kitchens:

0

# Other Level Kitchens:

0

Living Area Lower Floor:

0 sq. ft.0 m2

Living Area Main Floor:

876 sq. ft.81.4 m2

Living Area Other Floor:

0 sq. ft.0 m2

Living Area 2nd Floor:

0 sq. ft.0 m2

Living Area 3rd Floor:

0 sq. ft.0 m2

Fireplaces:

1

Fireplace Details:

Living Room

Laundry Features:

In House

Water supply:

Regional/Improvement District

Sewer:

Septic System

Cooling:

None

Heating:

Baseboard, Electric, Wood

Fireplace:

Yes

Appliances Included:

Dryer, F/S/W/D, Refrigerator, Washer

Exterior Features:

Low Maintenance Yard

View:

Ocean

Waterfront Features:

Ocean Front

Entry Location:

Main Level

Minimum Age:

0

BBQ Allowed:

Yes

Smoking Bylaw:

No

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:

Gulf Islands Rural (764)

Zoning:

SR

Other Details:

Number of 2 piece baths:

0

Number of 3 piece baths:

0

Number of 4 piece baths:

1

Number of 5 piece baths:

0

Number of 2 piece Ensuites:

0

Number of 3 piece Ensuites:

0

Number of 4 piece Ensuites:

0

Property Condition:

Resale

Land Info:

Utilities:

Electricity Connected

Exposure / Faces:

Northwest

Layout:

Main Level Entry with Lower Level(s)

Lot Site Features:

Walk on Waterfront

Attached Garage:

No

Carport Spaces:

0

Garage Spaces:

0

Garage:

No

Parking Features:

On Street

Total Parking Spaces:

2

Road Surface Type:

Paved

Listing Info:

Date Listed:

Jun 19, 2025

Original Price:

799000.0

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Listed by RE/MAX Mayne-Pender

Data was last updated July 26, 2026 at 10:05 AM (UTC)

Area Statistics

Listings on market:

30

Avg list price:

$727,000

Min list price:

$70,000

Max list price:

$6,898,000

Avg days on market:

94

Min days on market:

4

Max days on market:

507

Avg price per sq.ft.:

$556.07

These statistics are generated based on the current listing's property type and located in GI Mayne Island. Average values are derived using median calculations. This data is not produced by the MLS® system.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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