Property Type: Detached HouseOwnership: Freehold

121 Whims Rd

Salt Spring, BC V8K1B2

$749,900

2 bed2 bath3 parking1,134 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Lot size
7.31 acres
Zoning
Residential

RW1 & R DPA 4 & 7

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,023

Interior

Heating
Electric, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BalconySecond level7' x 31'
DenSecond level12' x 13'
BathroomMain level4-Piece
BedroomSecond level14' x 8'
Primary BedroomSecond level11' x 11'
StorageMain level4' x 7'
BathroomMain level3-Piece
KitchenMain level12' x 12'
Living roomMain level14' x 19'

Listing Information

MLS®
1022994
Listed
January 10, 2026
Time on market
On the market for 233 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Nature Eco-Reserve with covenant providing a sanctuary for wildlife. 2 Bedroom plus Den residence, in completely private setting with trails. Open plan living, with very large main deck (partially covered). The upper level of the residence has 2 bedrooms & also has a large den which can be used as an office or guest area. Definitely very private! Across the road from St. Mary Lake with nearby beach access and fair-weather sports including swimming, sailing and fishing. 3 secluded ponds! Easy walk to elementary school. Drive in from Whims Road & drive out onto North End Road. 7.31 Acres of Nature's Wonder! (id:63159)

Values & Trends

This listing

$661/sqft

Building average

No other active listings in this building

Salt Spring average

$761/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.

Nearby Schools

SchoolTypeDistance
Fernwood ElementaryElementary844 m
Gulf Islands SecondarySecondary5.4 km
Phoenix PlaceSecondary5.4 km
Salt Spring ElementaryElementary5.7 km
Crofton Elementary Community SchoolElementary9.3 km
Maple Bay ElementaryElementary13.8 km
Chemainus SecondaryK-1214.3 km
Galiano Community SchoolElementary14.7 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: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$308.92
Total monthly cost$4,179.40
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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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