224 Bay Ridge Place
Salt Spring · V8K1W5
$41,951/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Salt Spring · V8K1W5
$41,951/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Perched within one of the most breathtaking natural settings in the Southern Gulf Islands, this extraordinary residence stands as one of the region’s most architecturally significant homes. A masterful collaboration between acclaimed architect Sean Pearson and renowned builder Hans Hazenboom, the home is a seamless fusion of refined modernism and West Coast craftsmanship. Dubbed the “Gulf Islands House” by the architect, the design draws inspiration from Arthur Erickson’s iconic Smith House II, combining enduring West Coast craftsmanship with the elegance and sophistication of a contemporary villa. Every detail throughout the residence has been thoughtfully considered and impeccably executed. Custom white oak cabinetry anchors each room with warmth and continuity, while curated custom furnishings elevate the home into a fully realized design experience. Expansive floor-to-ceiling windows frame the ever-changing coastal landscape, immersing every space in natural light while capturing sweeping ocean vistas and abundant wildlife from virtually every room in the home. Designed for both grand entertaining and intimate retreat, the residence features a dedicated theatre room and beautifully integrated guest accommodations that offer exceptional privacy while remaining elegantly connected to the main home. A four-car garage provides exceptional space for vehicles and recreation, while the property's waterfront amenities are equally impressive, including a private boathouse with a launching ramp and boat lift, a private deep-water buoy, and direct water access. The result is a property that feels expansive and intentional—luxurious without excess, and profoundly connected to its surroundings. This is more than a home; it is a legacy property—an architectural masterpiece deeply connected to its remarkable coastal setting, where world-class design and extraordinary waterfront living come together in one unforgettable estate.
4
Beds
5,699 ft²
Floor area
2009
Year built
Single Family
Type
Salt Spring
Area
Listed
July 24, 2026
Nearby & Commute
2h 15m
walk to Tru Value Foods
1h 48m
bike to nearest SkyTrain station
6h
walk to nearest SkyTrain station
2h 29m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 67%
| Detached | 41 | 67.2% |
| Land | 17 | 27.9% |
| Other | 3 | 4.9% |
| 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
$41,951
Principal and interest
Calculated estimate
$39,317
Property tax
Calculated estimate
$2,483/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$8,500,000
Down payment
Calculated estimate
$1,700,000 (20%)
Estimated mortgage
Calculated estimate
$6,800,000
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
$41,951
/mo
Rate
%
Amortization
Principal and interest
$39,317
Property tax (est.)
$2,483
P&I
Tax
Down payment
$1,700,000 (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 $1,700,000 down (20%) on $8,500,000, 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.