Salt Spring · V8K1L6
$2,600/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Rare opportunity to own a fully furnished ocean view condo on Salt Spring Island with CA2 zoning allowing for short term rental potential! This bright top floor 1 bed + den offers 986 sq ft just steps from Vesuvius Bay Ferry with easy access to Crofton, Duncan & Nanaimo, and approx. 10 min to downtown Ganges. Enjoy stunning ocean views from not one, but TWO private balconies — the only unit in the building with this feature. Floor to ceiling windows flood the open concept living area with natural light and open onto expansive deck shared by living room & primary bedroom. Large primary bedroom includes office/desk space. Den is large enough for additional sleeping space with pull out couch & second private balcony. Features include in suite laundry, large in unit storage room, & electric fireplace. Cable & wifi included in strata fees. Fully turnkey with all furniture, linens, cookware & dishware included. Reside full time or use as legal vacation rental (CA2 zoning with 2021 Islands Trust resolution allowing full-time owner occupancy). Located in sunny Vesuvius, you can walk to the ferry, warm swimming beaches, Seaside Restaurant & Vesuvius Store/Café. Opportunities like this don't come up often — act fast! Price + GST.
1
Beds
986 ft²
Floor area
2005
Year built
Single Family
Type
Salt Spring
Area
Listed
May 11, 2026
$519,000 is 49.7% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
1h 16m
walk to Country Grocer
1h 5m
bike to Alderlea Station
3h 36m
walk to Alderlea Station
2h 13m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 73%
| Detached | 24 | 72.7% |
| Land | 6 | 18.2% |
| Other | 2 | 6.1% |
| Condo / Apartment | 1 | 3.0% |
| Under $5,000 | 15 | 1.9% |
| $5,000 to $9,999 | 5 | 0.6% |
| $10,000 to $14,999 | 5 | 0.6% |
| $15,000 to $19,999 | 15 | 1.9% |
| $20,000 to $24,999 | 30 | 3.8% |
| $25,000 to $29,999 | 30 | 3.8% |
| $30,000 to $34,999 | 15 | 1.9% |
| $35,000 to $39,999 | 35 | 4.4% |
| $40,000 to $44,999 | 30 | 3.8% |
| $45,000 to $49,999 | 25 | 3.1% |
| $50,000 to $59,999 | 45 | 5.6% |
| $60,000 to $69,999 | 65 | 8.1% |
| $70,000 to $79,999 | 40 | 5.0% |
| $80,000 to $89,999 | 40 | 5.0% |
| $90,000 to $99,999 | 50 | 6.3% |
| $100,000 to $124,999 | 75 | 9.4% |
| $125,000 to $149,999 | 70 | 8.8% |
| $150,000 to $199,999 | 80 | 10.0% |
| $200,000 and over | 130 | 16.3% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,600
Principal and interest
Calculated estimate
$2,308
Property tax
Calculated estimate
$142/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$499,000
Down payment
Calculated estimate
$99,800 (20%)
Estimated mortgage
Calculated estimate
$399,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,600
/mo
Rate
%
Amortization
Principal and interest
$2,308
Property tax (est.)
$142
P&I
Tax
Down payment
$99,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $99,800 down (20%) on $499,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
