Property Type: Detached HouseOwnership: Freehold

126 Maliview Dr

Salt Spring, BC V8K1B9

$775,000

3 bed2 bath3 parking1,321 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Lot size
0.55 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,250.59

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Air Conditioned, See Remarks
Fireplace
None

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
OtherAuxiliary Building13' x 7'
StorageMain level9'8
PorchMain level31' x 14'
StorageMain level5'3 x 7'11
Mud roomMain level8' x 7'
BathroomMain level
Laundry roomMain level6'
BedroomMain level9'6
BedroomMain level12' x 9'
EnsuiteMain level13' x 8'
Primary BedroomMain level9'10
KitchenMain level10' x 10'
Dining roomMain level9'10 x 10'11
Living roomMain level20' x 13'

Listing Information

MLS®
1025576
Listed
March 4, 2026
Time on market
On the market for 180 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes - Salt Spring · Data source: CREA DDF.

Description

Charming rancher on the desirable north end of Salt Spring Island in a family-friendly neighbourhood. This updated 3-bedroom, 2-bathroom home offers comfortable one-level living with a bright galley kitchen, adjoining dining area, and spacious living room. A covered back patio provides a private space for year-round enjoyment. The fully fenced and cross-fenced yard feels like your own park, backing onto large acreage for added privacy. Includes an 8' x 26' workshop and multiple storage sheds. Rare subdivision with community water and sewer. Walking distance to the ocean and lake, minutes to Ganges, and on the bus route. Quick Possession possible (id:63159)

Values & Trends

This listing

$587/sqft

Building average

No other active listings in this building

Salt Spring average

$762/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 ElementaryElementary814 m
Gulf Islands SecondarySecondary5.6 km
Phoenix PlaceSecondary5.6 km
Salt Spring ElementaryElementary5.8 km
Crofton Elementary Community SchoolElementary9.6 km
Maple Bay ElementaryElementary14.1 km
Chemainus SecondaryK-1214.5 km
Galiano Community SchoolElementary14.5 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: 6.8% ($52,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$620,000.00
Periodic payment — Principal & Interest (monthly)$4,000.03
Additional monthly expenses (strata, tax, utilities, etc.)$336.88
Total monthly cost$4,336.91
Interest paid over 5-yr term$177,693.78
Balance at end of term$557,692.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$52,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,555.77

Cash Needed at Closing

Minimum down payment$52,500
Estimated BC PTT$13,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$67,500

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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