- Active
171 Northern Way
Salt Spring · Vacant Land
Listed by Pemberton Holmes - Salt Spring · MLS® 1044034
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Sign inAbout this home
Build your dream home on this exceptional lot offering great views of St. Mary Lake, along with sweeping ocean, valley, and mountain vistas. Ideally located fairly close to Ganges, this property provides the rare opportunity to build both a primary residence and a cottage—an outstanding combination for family, guests, or rental potential. Enjoy abundant sunshine, peaceful surroundings, and excellent privacy. Now re-listed at a reduced price, this is an opportunity to own a special property.
Home facts
- Parking
- 5
- Property type
- Vacant Land
- Area
- Salt Spring
- Listed
- July 23, 2026
- PID
- 028-882-652
- Common interest
- Condo/Strata
Highlights
- Ocean view
- Mountain view
- City view
Features and inclusions
- Lot
- Acreage, Cul-de-sac, Irregular lot size
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,891
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,158
Purchase snapshot
- List price
- $399,000
- Down payment
- $79,800 (20%)
- Estimated mortgage
- $319,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 45%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.