Property Type: Detached HouseOwnership: Freehold

112 Murrelet Pl

Salt Spring, BC V8K1G9

$1,265,000

3 bed3 bath4 parking2,901 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
House
Lot size
1.11 acres
Zoning
Residential

R6(a)

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,474.03

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PatioMain level
WorkshopMain level
BathroomSecond level
BedroomSecond level
Living roomMain level
Dining roomMain level
KitchenMain level
PantryMain level
Laundry roomMain level
Primary BedroomMain level
BedroomMain level
SunroomMain level
SaunaMain level
BathroomMain level
EnsuiteMain level
Family roomSecond level
EntranceMain level

Listing Information

MLS®
1037654
Listed
June 16, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Salt Spring Island · Data source: CREA DDF.

Description

Set on a pristine, sun -soaked park-like 1.1 acre in a private Channel Ridge cul-de-sac, this immaculate custom Wilco-built home captures breathtaking ocean-to-island views, surrounded by stunning mature gardens. Thoughtfully designed with vaulted ceilings and expansive floor-to-ceiling windows, the light-filled interior showcases a cozy wood stove, stylish gourmet kitchen with abundant storage, and a main-level primary suite with walk-in closet and view ensuite. A second downstairs bedroom/den leads to a garden-side atrium. Upstairs offers a second primary suite plus an office/media space and bathroom, all framed by spectacular vistas. Relax or entertain on the spacious south facing view deck and enjoy beautifully fenced landscaped grounds with stone borders, exposed aggregate concrete walkway, flower beds, fruit trees greenhouse, detached double garage, and direct access to miles of scenic hiking trails. An exceptional island retreat blending comfort, beauty, and effortless indoor-outdoor living. (id:63159)

Values & Trends

This listing

$436/sqft

Building average

No other active listings in this building

Salt Spring average

$764/sqft

81 active listing(s)

Parking: 4 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

4

1/9 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
Fernwood ElementaryElementary2.7 km
Phoenix PlaceSecondary5.3 km
Gulf Islands SecondarySecondary5.3 km
Salt Spring ElementaryElementary5.7 km
Crofton Elementary Community SchoolElementary6.8 km
Maple Bay ElementaryElementary11.5 km
Chemainus SecondaryK-1212.8 km
Chemainus Elementary Community SchoolElementary13.4 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.

Nearby Places

Parks (1)

  • Duck Creek Park676 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($101,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,012,000.00
Periodic payment — Principal & Interest (monthly)$6,529.08
Additional monthly expenses (strata, tax, utilities, etc.)$601.17
Total monthly cost$7,130.25
Interest paid over 5-yr term$290,042.11
Balance at end of term$910,297.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$101,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,946.91

Cash Needed at Closing

Minimum down payment$101,500
Estimated BC PTT$23,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$126,300

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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