Property Type: Land / Lot

11 171 Tripp Rd

Salt Spring, BC V8K1K6

$169,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
1,200 square feet
Zoning
Commercial

Ownership & Fees

Property type
Land / Lot
Strata / maintenance fee
$125/mo
Annual property tax
$0

Interior

Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Listing Information

MLS®
1039592
Listed
June 6, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Salt Spring · Data source: CREA DDF.

Description

Escape to easy lakeside living at Site 11, complete with a well-maintained 2003 Corsair fifth wheel that comfortably sleeps four and everything needed to start enjoying your getaway right away. This turn-key recreational site features a large composite deck, outdoor dining area, and included camping accessories—simply arrive and relax. Enjoy access to exceptional shared amenities including a sandy beach, dock, non-motorized boat launch, BBQ area, fire pit, shower and laundry facilities, and the convenience of a year-round caretaker. Annual fees of just $1,500 cover nearly all expenses, including property taxes. Hydro, internet, and cable services are available through local providers. (id:63159)

Location Insights

Weather

Nearest station: Duncan

15°C

Humidity 82%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Fernwood ElementaryElementary3.2 km
Phoenix PlaceSecondary3.7 km
Gulf Islands SecondarySecondary3.7 km
Salt Spring ElementaryElementary4.1 km
Crofton Elementary Community SchoolElementary7.8 km
Maple Bay ElementaryElementary11.5 km
Chemainus SecondaryK-1214.4 km
Queen of Angels School(Independent)Elementary/Middle14.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$135,920.00
Periodic payment — Principal & Interest (monthly)$876.91
Additional monthly expenses (strata, tax, utilities, etc.)$125.00
Total monthly cost$1,001.91
Interest paid over 5-yr term$38,955.06
Balance at end of term$122,260.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,241.15

Cash Needed at Closing

Minimum down payment$8,495
Estimated BC PTT$1,699
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,694

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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