Salt Spring · V8K2M8
$8,500/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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First time on market in over 50 years, this rare 10-acre waterfront-access property offers an exceptional opportunity to create a legacy estate on Salt Spring Island. Beautifully untouched and richly forested, the property enjoys access to Booth Canal—perfect for kayaking serene waterways out to the ocean. Level and sun-dappled with multiple prime building sites for a dream residence and guest cottage, plus subdivision potential. Established plum and apple trees, along with a former vineyard site, add to the idyllic island charm. Cherished by three generations as a private retreat, this property captures timeless Salt Spring living. Included is an adorable approx. 600 sq. ft. cabin with power, water, covered porch, and woodstove. Surface spring well with 600-gallon reservoir and septic system already in place. Peaceful, private, minutes to town, and offered under assessed value—an extraordinary island opportunity.
2
Beds
1975
Year built
Vacant Land
Type
Salt Spring
Area
Listed
May 21, 2026
Nearby & Commute
38 min
walk to Country Grocer
1h 7m
bike to Alderlea Station
3h 44m
walk to Alderlea Station
2h 15m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 50%
| Detached | 29 | 50.0% |
| Land | 14 | 24.1% |
| Townhouse | 10 | 17.2% |
| Other | 3 | 5.2% |
| Condo / Apartment | 1 | 1.7% |
| Other | 1 | 1.7% |
| Under $5,000 | 15 | 1.1% |
| $5,000 to $9,999 | 10 | 0.7% |
| $10,000 to $14,999 | 15 | 1.1% |
| $15,000 to $19,999 | 45 | 3.2% |
| $20,000 to $24,999 | 50 | 3.5% |
| $25,000 to $29,999 | 60 | 4.2% |
| $30,000 to $34,999 | 65 | 4.6% |
| $35,000 to $39,999 | 40 | 2.8% |
| $40,000 to $44,999 | 60 | 4.2% |
| $45,000 to $49,999 | 40 | 2.8% |
| $50,000 to $59,999 | 95 | 6.7% |
| $60,000 to $69,999 | 105 | 7.4% |
| $70,000 to $79,999 | 105 | 7.4% |
| $80,000 to $89,999 | 80 | 5.7% |
| $90,000 to $99,999 | 80 | 5.7% |
| $100,000 to $124,999 | 175 | 12.4% |
| $125,000 to $149,999 | 125 | 8.8% |
| $150,000 to $199,999 | 125 | 8.8% |
| $200,000 and over | 125 | 8.8% |
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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
$8,500
Principal and interest
Calculated estimate
$7,859
Property tax
Calculated estimate
$492/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,699,000
Down payment
Calculated estimate
$339,800 (20%)
Estimated mortgage
Calculated estimate
$1,359,200
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
$8,500
/mo
Rate
%
Amortization
Principal and interest
$7,859
Property tax (est.)
$492
P&I
Tax
Down payment
$339,800 (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 $339,800 down (20%) on $1,699,000, 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.
