- Active
201 Grantville Street
Salt Spring · Vacant Land
Listed by Rennie & Associates Realty Ltd. · MLS® 1026809
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Sign inAbout this home
This exceptional offering presents a rare opportunity to acquire two adjoining ¼-acre lots, combined to create a generous ½-acre forested property on beautiful Saltspring Island. Situated on Grantville Street, this raw land parcel captures the essence of west coast island living—privacy, natural beauty, and proximity to the ocean—making it an ideal foundation for a wide range of future uses. From the moment you arrive, the property’s natural setting is immediately apparent. Mature trees frame the landscape, creating a sense of seclusion and tranquility that is increasingly hard to find. The forest canopy provides dappled light throughout the day, while the surrounding greenery offers year-round visual interest and a strong connection to nature. A particularly special feature of this property is the seasonal creek that runs through the land. This natural water feature enhances the character of the property and contributes to its peaceful ambiance. In the wetter months, the creek flows gently, adding sound, movement, and a sense of vitality to the landscape. In the drier seasons, it remains a visible natural corridor that supports local flora and fauna and adds depth to the property’s ecological appeal. This feature not only elevates the overall experience of the land but also offers opportunities for thoughtful landscaping and design that embraces the existing environment. The driveway has already been roughed in, offering convenient access and a clear starting point for future development. This practical improvement saves time and effort and allows prospective buyers to easily walk the property and visualize potential building plans. The driveway leads toward a semi-level building site, naturally positioned to take advantage of the land’s layout while maintaining privacy.
Home facts
- Parking
- 6
- Property type
- Vacant Land
- Area
- Salt Spring
- Listed
- February 26, 2026
- PID
- 009-088-474
- Common interest
- Freehold
Features and inclusions
- Lot
- Rectangular
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
- $1,512
- Property tax
- $92/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,754
Purchase snapshot
- List price
- $319,000
- Down payment
- $63,800 (20%)
- Estimated mortgage
- $255,200
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
For investors
As a rental
- Estimated rent
- $756 a month
- Gross yield
- 2.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 58%
Who lives here
Documents
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