135 Fairway Dr
Salt Spring, BC V8K1M6
$759,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.98 acres
- Zoning
- Rural residential
RW1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,625
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Exterior & Lot
- Lot features
- Hillside, Park setting, Private setting, Wooded area, Irregular lot size, Other, Marine Oriented
Building
- Parcel ID (PID)
- 001-051-393
Parking
- Total spaces
- 5
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | 7'3 x 5'5 |
| Bedroom | Second level | 18'10 x 16'3 |
| Bedroom | Second level | 18'10 x 16'6 |
| Bedroom | Main level | 10'1 x 11'1 |
| Bedroom | Main level | 10'2 x 11'1 |
| Bathroom | Main level | — |
| Kitchen | Main level | 7'11 x 13'4 |
| Dining room | Main level | 7'11 x 9'4 |
| Living room | Main level | 18'3 |
Listing Information
- MLS®
- 1047673
- Listed
- August 26, 2026
- Time on market
- On the market for 6 days
- Data last synced
- August 29, 2026
Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.
Description
Steps from St. Mary’s Lake, you'll find this beautiful and spacious 4-bedroom, 2-bath log home on almost an acre of land. Additional accommodations—including a separate guest cabin/bunkie and a private, sequestered RV trailer (fully plumbed, Wi-Fi connected, and separately metered), each with its own patio or deck—make this property ideal for multigenerational living. There's a workshop that can easily accommodate your kayaks, bikes, tools, or art equipment. There is no shortage of parking space for your vehicles, and the large, fully screened sunroom can serve as a studio or auxiliary living room. Drop your paddleboard or kayak into the fresh water of the adjacent reservoir lake, or simply take a refreshing swim. Nearby, you’ll also find local schools, golf courses, groceries, and Ganges Village Center, where you can get just about anything you need to enjoy Salt Spring Island living. You’ll find it easy to settle into this idyllic island retreat. Key Features Main Residence: 4-bedroom, 2-bathroom authentic log home, gas stove, wood stove. Guest Cabin/Bunkie: Detached structure providing additional bedroom space. RV Setup: Sequestered at the back of the acre; fully plumbed and Wi-Fi connected, with a queen bed, kitchen/bath, and separate septic and hydro. Outdoor Space: Nearly one acre of land with private decks for each living unit. Bonus Structures: Workshop for gear/art and a large, fully screened sunroom. Infrastructure Updates: Recently upgraded hydro, 2 new septic systems, laundry, new hot water tank, and a new roadway to the back of the property (to the RV). Location & Lifestyle Water Access: Steps from St. Mary’s Lake for swimming, paddleboarding, and kayaking (1 kayak comes with the property). Proximity: Close to local schools, golf courses, groceries, and Ganges Village Center. Parking: Extensive space accommodating multiple vehicles, boats, and recreational toys. (id:63159)
Values & Trends
This listing
$353/sqft
Building average
—
No other active listings in this building
Salt Spring average
$765/sqft
81 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Fernwood Elementary | Elementary | 1.4 km |
| Gulf Islands Secondary | Secondary | 4.9 km |
| Phoenix Place | Secondary | 4.9 km |
| Salt Spring Elementary | Elementary | 5.1 km |
| Crofton Elementary Community School | Elementary | 9.1 km |
| Maple Bay Elementary | Elementary | 13.4 km |
| Chemainus Secondary | K-12 | 14.5 km |
| Galiano Community School | Elementary | 14.6 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.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($50,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.