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22054 Treasure Island — Canyon Lake — 2 Beds • 2 Baths • 1,252 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+34 more

$619,900

1 DOM

$495/sqft2 bd2 ba1,252 sqftHOA ~657/mo

Call

22054 Treasure Island Canyon Lake, CA 92587

1,411sqft lot

Live on a private lake less than 2 hours from LA and San Diego. Waterski, fish, paddle board, swim or just enjoy the views. Treasure Island is a gated community within the gates of Riverside County's best kept secret, Canyon Lake. Some amenities of Treasure Island include: private pool and spa, private boat dock and slip, community room and small gym. Canyon Lake offers: golf, tennis, pickleball, basketball courts, dog parks, beaches, private dinner house, pool and many community events monthly. Come and experience the serenity of the water and surrounding views. This condo sits on Treasure Island with the best east facing views of Canyon Lake and surrounding mountains.

MLS SW26068841

951-216-2000 (Office) 9512855222 (Cell) cathysantich@gmail.com

Est. payment

$4,619/mo

Principal & interestTaxesInsuranceHOA

$3,135$646$181$657

Down %

Rate %

Years

Down payment: $123,980 · Total cost: $1,252,419

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,619/mo

Principal & interest: $3,135
Est. property tax: $646
Est. insurance: $181
HOA (normalized / mo): $657
Down payment: $123,980

Est. gross rent$2,583/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,036/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 10, 2026	$619,900	—

Facts & Features

Transaction Data

HOA Fee$657/monthly

Structure & Property

Year Built1974

Garage Spaces1

951-216-2000 (Office) 9512855222 (Cell) cathysantich@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

22054 Treasure Island, Canyon Lake, CA 92587

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Call

22054 Treasure Island Canyon Lake, CA 92587

About this home

Catherine Santich

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Catherine Santich

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

22054 Treasure Island, Canyon Lake, CA 92587

About This Property

Property Photos

22054 Treasure Island Canyon Lake, CA 92587

About this home

Catherine Santich

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Catherine Santich

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.