Listing history

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About this home

Offered here for the first time in over two decades is a rare commercial lot. Nearly 1/2 acre at the entrance to Ganges with 3 road frontages, this could be a prominent location for any business. With C-1 zoning, a multitude of uses (commercial and residential) can be considered. A blue chip addition to any portfolio.

Home facts

Lot size: 20,431 sq ft
Property type: Land
Area: Islands-Van. & Gulf
Sub-area: Salt Spring Island
Structure: Land Only

Listed by NEWPORT REALTY (VREB). Data from BCRES. Last updated Jun 9, 2026, 4:16 PM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which 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: $4,408
Property tax: $275/mo
Home insurance: $150/mo
Estimated monthly total: $4,833

Purchase snapshot

List price: $930,000
Down payment: $186,000 (20%)
Estimated mortgage: $744,000

Estimates only. They leave out utilities, upkeep and closing costs.

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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

Space and layout

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Home value

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Neighbourhood

Open the map

Walk to Thrifty Foods10 min

Bike to Alderlea Station1h 16m

Walk to Alderlea Station4h 13m

Drive to downtown Vancouver2h 14m

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.

Agricultural Land Reserve: In the ALR; Provincial farmland protection restricts subdivision and non-farm use.
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 · 41%

Homes for sale nearby, by type

Detached21 for sale

Land15 for sale

Townhouse12 for sale

Duplex1 for sale

Multi-family1 for sale

Other1 for sale

Active listings within 3 km of this home.

Homes built in Saltspring Island, by type

Single-detached86.2% · 1,215

Apartment in duplex6.7% · 95

Movable dwelling2.8% · 40

Low-rise apartment2.5% · 35

Semi-detached1.4% · 20

Row house0.4% · 5

Source: Statistics Canada, 2021 Census of Population. 1,410 dwellings.

Who lives here

Statistics Canada area 59170635 · Saltspring Island

Median age: 55
Renter households: 19%
Average household size: 2.2
Median household income: $81,000

Population (2021): 3,255
Median rent: $1,150
Owner shelter cost: $980
30%+ of income on shelter: 27%
Owner households: 81%
Households with kids: 23%
Immigrants: 21%
Post-secondary: 69%
Average home value (2021): $956,000

Breakdown

Under $5,0001.1% · 15

$5,000 to $9,9990.7% · 10

$10,000 to $14,9991.1% · 15

$15,000 to $19,9993.2% · 45

$20,000 to $24,9993.5% · 50

$25,000 to $29,9994.2% · 60

$30,000 to $34,9994.6% · 65

$35,000 to $39,9992.8% · 40

$40,000 to $44,9994.2% · 60

$45,000 to $49,9992.8% · 40

$50,000 to $59,9996.7% · 95

$60,000 to $69,9997.4% · 105

$70,000 to $79,9997.4% · 105

$80,000 to $89,9995.7% · 80

$90,000 to $99,9995.7% · 80

$100,000 to $124,99912.4% · 175

$125,000 to $149,9998.8% · 125

$150,000 to $199,9998.8% · 125

$200,000 and over8.8% · 125

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170635.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Zoning and land-use recordsReview permitted uses and development constraints.
Survey or site planReview boundaries, structures, and encroachments.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

Availability is not guaranteed. Review documents with a professional.

Listing history

Price history and sold data need a free account

About this home

Home facts