Property Type: Detached HouseOwnership: Freehold

110 Village Terr

Salt Spring, BC V8K2V2

$998,500

2 bed2 bath3 parking1,110 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Lot size
11,761 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,157.23

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomSecond level
BedroomSecond level
LoftSecond level
Laundry roomMain level
BathroomMain level
Primary BedroomMain level
KitchenMain level
Living room/Dining roomMain level

Listing Information

MLS®
1033546
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada SSI · Data source: CREA DDF.

Description

This charming village home is located on a tucked away enclave - the kind of setting that has made its original owners happy for more than 20 years. Now, the time has come for a new chapter, and they present the house in lovingly cared for condition. The artistic open plan with kitchen and living areas enjoying scenic garden views, along with two comfortably sized bedrooms and a lofty office/studio space.The separate lower level is currently a great workshop and storage zone. A lovely property in a great location! (id:63159)

Values & Trends

This listing

$900/sqft

Building average

No other active listings in this building

Salt Spring average

$758/sqft

81 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Gulf Islands SecondarySecondary304 m
Phoenix PlaceSecondary356 m
Salt Spring ElementaryElementary488 m
Fernwood ElementaryElementary6.0 km
Crofton Elementary Community SchoolElementary10.2 km
Maple Bay ElementaryElementary11.8 km
Galiano Community SchoolElementary12.9 km
Queen of Angels School(Independent)Elementary/Middle14.9 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.

Nearby Places

Restaurants (5+)

  • Uptown Pizza · 324 Lower Ganges Road219 m
  • Golden Island Restaurant261 m
  • Harbour House301 m
  • Seaside Restaurant570 m
  • Fishery and Chips583 m

Cafes (5+)

  • Unnamed587 m
  • Cafe Talia597 m
  • Switchboard cafe603 m
  • Tree House Cafe744 m
  • Salt Spring Coffee746 m

Grocery (3)

  • SALT JAR refillery · 346 Lower Ganges Road292 m
  • Country Grocer · 374 Lower Ganges Road462 m
  • Thrifty Foods · 114 Purvis Lane676 m

Parks (5+)

  • Kanaka Road Skateboard Park277 m
  • Peck's Cove Park370 m
  • Rainbow Road Recreation Centre476 m
  • Rotary Park520 m
  • Salt Spring Lions Commemorative Bike Park695 m

Shopping (1)

  • Moaut's Seaside Shops779 m

Gyms (1)

  • Ganges Yoga Studio706 m

Pharmacies (2)

  • Country Grocer Pharmacy · 374 Lower Ganges Road434 m
  • Pharmasave799 m

Banks & ATMs (3)

  • Island Savings692 m
  • BMO787 m
  • CIBC791 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,850) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$798,800.00
Periodic payment — Principal & Interest (monthly)$5,153.59
Additional monthly expenses (strata, tax, utilities, etc.)$402.44
Total monthly cost$5,556.02
Interest paid over 5-yr term$228,938.38
Balance at end of term$718,523.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,850
Stress test qualifying rate8.09%
Payment you must qualify for$7,102.55

Cash Needed at Closing

Minimum down payment$74,850
Estimated BC PTT$17,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,320

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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