Property Type: Detached HouseOwnership: Freehold

133 Arnell Way

Salt Spring, BC V8K2G1

$1,595,000

4 bed3 bath3 parking3,920 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
3.68 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,019

Interior

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

Exterior & Lot

View
Mountain view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
LoftSecond level9' x 9'
BedroomSecond level15' x 11'
StudioMain level19' x 33'
Utility roomMain level10' x 13'
Eating areaMain level11' x 11'
BedroomSecond level21' x 20'
BedroomMain level12' x 11'
EnsuiteMain level4-Piece
Family roomMain level13' x 11'
BathroomSecond level4-Piece
BathroomMain level4-Piece
Primary BedroomMain level15' x 17'
KitchenMain level21' x 9'
Dining roomMain level13' x 13'
StorageMain level5' x 10'
Living roomMain level17' x 23'
EntranceMain level6' x 7'
WorkshopMain level20' x 20'

Listing Information

MLS®
1039170
Listed
June 3, 2026
Time on market
On the market for 89 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Sunrise views over Ganges Harbour, nearly four acres of usable land and a classic Tudor-style residence combine to create a distinctive island offering. Privately situated on 3.68 acres just minutes from town, the property features mature landscaping, orchard trees, fenced pasture and heritage split-rail fencing. The 3,920 sq.ft. home offers vaulted ceilings, expansive windows, a dramatic stone fireplace and spacious living areas filled with natural light. An attached studio adds flexibility for creative pursuits, home-based business or guest accommodation, while guest cottage zoning, workshops and outbuildings expand the possibilities. A property of substance, character and versatility in a peaceful rural setting. (id:63159)

Values & Trends

This listing

$407/sqft

Building average

No other active listings in this building

Salt Spring average

$764/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

13°C

Humidity 92%

Wind SSW 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
Salt Spring ElementaryElementary2.8 km
Gulf Islands SecondarySecondary3.1 km
Phoenix PlaceSecondary3.1 km
Fernwood ElementaryElementary9.3 km
Maple Bay ElementaryElementary12.1 km
Crofton Elementary Community SchoolElementary12.3 km
Galiano Community SchoolElementary12.3 km
Bench ElementaryElementary14.6 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

Shopping (1)

  • Fields534 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,276,000.00
Periodic payment — Principal & Interest (monthly)$8,232.32
Additional monthly expenses (strata, tax, utilities, etc.)$697.58
Total monthly cost$8,929.90
Interest paid over 5-yr term$365,705.27
Balance at end of term$1,147,766.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,811.99

Cash Needed at Closing

Minimum down payment$319,000
Estimated BC PTT$29,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$350,400

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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