141 Pallot Way
Salt Spring, BC V8K2M5
$689,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.71 acres
- Zoning
- Rural residential
R
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $1,935.59
Interior
- Heating
- Heat Pump, Electric, Wood
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Auxiliary Building | — |
| Living room | Auxiliary Building | — |
| Other | Auxiliary Building | — |
| Living room | Auxiliary Building | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | 11' x 16' |
| Living room | Main level | — |
Listing Information
- MLS®
- 1043611
- Listed
- July 17, 2026
- Time on market
- On the market for 45 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes - Salt Spring · Data source: CREA DDF.
Description
Step into a fairy tale home with two detached studios, tucked away in a peaceful and private setting just minutes from the heart of Ganges, this enchanting .71-acre property feels as though it has been lifted from the pages of a fairy tale. Surrounded by towering grand firs, mature plantings, fruit trees, stone pathways, abundant bird song, and neighbouring Mouat Park, the property offers a magical sense of seclusion while remaining wonderfully close to town, shops, restaurants, and island amenities. The charming two-bedroom home features a welcoming living room addition and delightful details, including heart-cut shutters that perfectly complement the whimsical woodland atmosphere. Generous decking creates inviting outdoor spaces to relax, entertain, or simply enjoy the quiet beauty of the surrounding gardens. It is serviced by a septic system replaced in 2020. Set apart from the main residence are two additional structures that add to the property’s unique appeal. A cozy studio provides flexible space for creative pursuits, a home office, or a peaceful retreat, while the charming cabin has been recently updated and offers a fresh, comfortable space with endless possibilities. Each building enjoys its own deck, allowing the entire property to feel connected to the surrounding landscape while still offering a sense of privacy and separation. Wander along stone pathways beneath the trees, tend to the fenced garden, enjoy fruit from your own trees, or simply sit outside and listen to the birds. The mature landscape and woodland surroundings create a tranquil, storybook atmosphere that feels worlds away, yet the conveniences of Ganges is only a short distance from your door. Rarely does a property combine such a magical, fairy tale-like setting with this level of privacy and such easy access to town. Peaceful, charming, and full of character, this special Salt Spring Island retreat invites you to slow down, settle in, and enjoy a truly enchanting way of life. (id:63159)
Values & Trends
This listing
$534/sqft
Building average
—
No other active listings in this building
Salt Spring average
$763/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.
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
| School | Type | Distance |
|---|---|---|
| Phoenix Place | Secondary | 1.1 km |
| Gulf Islands Secondary | Secondary | 1.1 km |
| Salt Spring Elementary | Elementary | 1.5 km |
| Fernwood Elementary | Elementary | 6.2 km |
| Crofton Elementary Community School | Elementary | 9.0 km |
| Maple Bay Elementary | Elementary | 10.5 km |
| Queen of Angels School(Independent) | Elementary/Middle | 13.6 km |
| Alex Aitken | Elementary | 14.1 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)
- Mouat Park760 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($43,900) — 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.