137 Forest Ridge Road
Salt Spring · V8K1W4
$7,324/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Salt Spring · V8K1W4
$7,324/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Trade traffic for tranquility and discover the peaceful lifestyle that only Salt Spring Island can offer. Set on 5 beautiful, level acres of fertile, usable land, this private hobby farm is surrounded by mature trees and enjoys a quiet south-end location close to walking, hiking and riding trails. Currently in pasture, the property is fully fenced and offers endless possibilities for gardening, small-scale farming, livestock, orchards, hobby agriculture, home-based ventures or simply enjoying the open space. The impressive 1,430 sq. ft. barn, built on a concrete slab, currently features six quality stalls but could easily be adapted into a workshop, artisan studio, storage facility or multi-purpose agricultural building. Additional equipment shelters and an RV site add to the property's versatility. Zoning also permits the addition of a guest cottage and studio, providing excellent future potential. The well-built 2,145 sq. ft. two-storey home offers two bedrooms plus a spacious den, 2½ bathrooms, an inviting Pacific Energy wood stove, a full-height (5'10'') crawl space and quality copper plumbing. Recent improvements include updated kitchen and bathrooms, a 40-year fiberglass roof (2011), new downspouts and eavestrough covers on all buildings (2025), and a brand-new septic field (2026). Whether you're dreaming of growing your own food, raising a few animals, creating a private country retreat or simply embracing a slower pace of life, this exceptional Salt Spring Island property offers privacy, flexibility and outstanding value.
3
Beds
2,145 ft²
Floor area
1989
Year built
Single Family
Type
Salt Spring
Area
Listed
February 15, 2026
$1,529,000 is 48.2% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
2h 7m
walk to Tru Value Foods
1h 49m
bike to nearest SkyTrain station
6h 1m
walk to nearest SkyTrain station
2h 26m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 63%
| Detached | 38 | 63.3% |
| Land | 19 | 31.7% |
| Other | 3 | 5.0% |
| Under $5,000 | 5 | 1.2% |
| $10,000 to $14,999 | 5 | 1.2% |
| $15,000 to $19,999 | 15 | 3.5% |
| $20,000 to $24,999 | 15 | 3.5% |
| $25,000 to $29,999 | 20 | 4.7% |
| $30,000 to $34,999 | 25 | 5.9% |
| $35,000 to $39,999 | 15 | 3.5% |
| $40,000 to $44,999 | 15 | 3.5% |
| $45,000 to $49,999 | 20 | 4.7% |
| $50,000 to $59,999 | 30 | 7.1% |
| $60,000 to $69,999 | 25 | 5.9% |
| $70,000 to $79,999 | 35 | 8.2% |
| $80,000 to $89,999 | 30 | 7.1% |
| $90,000 to $99,999 | 15 | 3.5% |
| $100,000 to $124,999 | 55 | 12.9% |
| $125,000 to $149,999 | 25 | 5.9% |
| $150,000 to $199,999 | 45 | 10.6% |
| $200,000 and over | 30 | 7.1% |
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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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,324
Principal and interest
Calculated estimate
$6,749
Property tax
Calculated estimate
$425/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,459,000
Down payment
Calculated estimate
$291,800 (20%)
Estimated mortgage
Calculated estimate
$1,167,200
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
$7,324
/mo
Rate
%
Amortization
Principal and interest
$6,749
Property tax (est.)
$425
P&I
Tax
Down payment
$291,800 (20%)
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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 $291,800 down (20%) on $1,459,000, 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.
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.
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.