- Active
250 South Bank Drive
Salt Spring · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 3,750
- Built
- 1982
Listed by Pemberton Holmes - Salt Spring · MLS® 1023692
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Sign inAbout this home
NEW PRICE: Magical views and sunsets over looking St. Mary Lake! This gorgeous 1.56 acre west facing gardeners' paradise features a spacious solidly built two storey family home. The main floor entrance level features vaulted ceilings with wood beams that grace an open living and dining room enhanced by six skylights and the cosiness of a woodstove next to a large master suite with a lovely view. Each level has a large wraparound southwest facing deck overlooking the lake. Gazebo with newer circular hot tub. The walkout lower level has two bedrooms, one bath and a large family room with woodstove. Property is securely fenced to protect the mature garden of flowering shrubs, rhododendrons, vegetable beds, rock gardens and fruit trees. 10-station irrigation system keeps the garden healthy. Full dry basement. Paved driveway and double garage. This home has good bones but is ready for a refresh so bring your good taste and ideas!
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 3,750 sq ft
- Year built
- 1982
- Parking
- 4
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Salt Spring
- Style
- Westcoast
- Listed
- February 1, 2026
- Structure
- House
- PID
- 003-242-757
- Common interest
- Freehold
Highlights
- Hot tub
- Double garage
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Heating
- Baseboard heaters, Electric, Wood
- Cooling
- None
- Parking
- Garage
- Lot
- Private setting, Southern exposure, Irregular lot size, Rocky, Sloping, Partially cleared, Other
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
- $5,214
- Property tax
- $325/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,689
Purchase snapshot
- List price
- $1,100,000
- Down payment
- $220,000 (20%)
- Estimated mortgage
- $880,000
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 · 79%
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.
