- Active
261 Mobrae Avenue
Salt Spring · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 1,590
- Built
- 1975
Listed by Easy List Realty · MLS® 1040230
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Sign inAbout this home
*** For more information, please click Brochure button. *** Feelings of peace and relaxation wash over you the moment you arrive at this beautifully maintained Salt Spring Island property. Lovingly improved and meticulously cared for, it offers the perfect balance of comfort, character, and opportunity to make it your own. Perched in one of the island’s most sought-after neighbourhoods, this .86-acre property enjoys spectacular sunset views over the Salish Sea and vistas of St. Mary Lake, distant fields, and coastal mountains. Surrounded by mature trees and abundant wildlife, the setting is both private and serene. The fully fenced backyard is designed for enjoyment and easy maintenance, featuring irrigated garden beds, a powered garden shed, woodshed, fire pit, brick patio, and a custom wood-fired cedar sauna built in 2025. The remaining grounds offer open lawn, wildflowers, mature timber, and a large level area ideal for a future shop, greenhouse, or studio. A unique bonus is the fully serviced and secluded guest retreat, home to “Daisy,” a beautifully restored vintage Travelux trailer with its own driveway—perfect for visitors, rental potential income, or creative space. Inside, soaring 14-foot vaulted ceilings, abundant natural light, exposed cedar beams, reclaimed wood accents, and thoughtful design create a warm modern farmhouse aesthetic. Extensive recent upgrades mean virtually every aspect of the home has been refreshed or improved. Additional features include a new oversized septic system (2020), engineered hardwood flooring, interior and exterior paint, upgraded electrical fixtures and receptacles, organic wool carpeting, new deck railings, workshop/tool room, insulated crawlspace, and numerous outdoor entertaining areas. Ideally located just 2 minutes from the Vesuvius ferry, 6 minutes from Ganges, and close to St. Mary Lake, sports fields, tennis courts, theatre, and shopping. A rare opportunity to enjoy island living at its finest.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 1,590 sq ft
- Year built
- 1975
- Parking
- 20
- Property type
- Single Family
- Garage
- Yes
- Carport
- Yes
- Fireplace
- 1
- Area
- Salt Spring
- Style
- Cottage
- Listed
- June 11, 2026
- Structure
- House
- PID
- 001-704-222
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Patio
- Private yard
- Sauna
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Freezer
- Heating
- Heat Pump, Baseboard heaters, Wood, Hot Water
- Cooling
- Air Conditioned
- Parking
- Attached Garage, Carport, RV, Visitor Parking, Additional Parking
- Lot
- Central location, Level lot, Park setting, Private setting, Wooded area, Corner Site, Other
Rooms and building
- Water
- Zoning
- Rural 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
- $6,138
- Property tax
- $375/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,663
Purchase snapshot
- List price
- $1,295,000
- Down payment
- $259,000 (20%)
- Estimated mortgage
- $1,036,000
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 · 74%
Who lives here
Documents
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