- Active
2990 Southey Point Road
Salt Spring · Single Family
- Beds
- 5
- Baths
- 4
- Sqft
- 2,953
- Built
- 1984
Listed by Macdonald Realty Salt Spring Island · MLS® 1004320
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Sign inAbout this home
Calling all water enthusiasts! This well-built, upgraded 4 bedroom plus office, 3 bathroom waterfront home on a southwest-facing property with 100+ feet of frontage on the tranquil Southey Bay is in move-in condition. One can live entirely on the main level with 2 bedrooms, an office, 2 bathrooms, an open-plan brand new kitchen, and dining room with a covered deck overlooking the bay. Spread out with guests on the walk-out lower level with a family room, bedroom, bathroom as well as storage. Attached is a 2-car garage wired for EV charging, a small detached workshop, and a garden storage shed. Most unique and exciting is the 1960's boat house perched directly above the emerald green water with an adjacent boat launch sized for boats up to 20 feet. At high tide, Southey Bay appears like a sheltered lagoon, spectacular for swimming, watching island bird and marine life, boating, paddling, and kayaking. Truly one of the most usable waterfront properties on the market. ****Viewings are by appointment only.****
Home facts
- Bedrooms
- 5
- Bathrooms
- 4 full
- Interior
- 2,953 sq ft
- Year built
- 1984
- Parking
- 4
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Salt Spring
- Style
- Westcoast
- Listed
- July 2, 2025
- Structure
- House
- PID
- 005-793-751
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
- EV charging
- Double garage
Features and inclusions
- Heating
- Forced air, Heat Recovery Ventilation (HRV), Electric, Wood
- Cooling
- None
- Parking
- Attached Garage, Garage
- Lot
- Level lot, Wooded area, Other, Rectangular, Moorage
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
- $8,531
- Property tax
- $525/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,206
Purchase snapshot
- List price
- $1,799,900
- Down payment
- $359,980 (20%)
- Estimated mortgage
- $1,439,920
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 · 81%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.