Property Type: Detached HouseOwnership: Freehold

146 Menhinick Dr

Salt Spring, BC V8K1W7

$998,950

2 bed1 bath4 parking751 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
0.5 acres
Zoning
Rural residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,244

Interior

Heating
Baseboard heaters
Cooling / A/C
See Remarks
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomSecond level
BathroomMain level
BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level

Listing Information

MLS®
1038761
Listed
May 30, 2026
Time on market
On the market for 93 days
Data last synced
August 28, 2026

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

Description

Quietly tucked away near Ruckle Park, this design wise 2022 Scandinavian cabin confidently recalls that, perhaps now more than ever, simplicity is a recipe for relaxation. With current cottage comfort and undeniable southend charm, the soaring vaulted ceiling, custom modern kitchen and refreshing bath with 60'' shower cabin ensure a cozy year round environment. Lovely grounds with heirloom orchard, lush lawn and dramatic weeping willow trees encourage ''screen time'' on a different level. A quick stroll leads to a secluded beach on the left, and an incredible west coast trail to the right. Some days it is just the right thing to do both. Not a big house for a reason, this unique property is a wonderful island getaway for full time or vacation house living! Thoughtfully designed and positioned with future expansion potential in mind. (id:63159)

Values & Trends

This listing

$1,330/sqft

Building average

No other active listings in this building

Salt Spring average

$753/sqft

81 active listing(s)

Parking: 4 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.

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
Deep Cove ElementaryElementary9.3 km
Parkland SecondarySecondary9.9 km
North Saanich Middle SchoolMiddle10.4 km
Pender Islands Elem-SecondaryElementary/Middle10.8 km
Sidney ElementaryElementary12.0 km
Salt Spring ElementaryElementary12.4 km
Gulf Islands SecondarySecondary12.7 km
Phoenix PlaceSecondary12.7 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.

Nearby Places

Parks (2)

  • Lyonesse Linear Park557 m
  • Unnamed777 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,895) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,160.00
Periodic payment — Principal & Interest (monthly)$5,155.91
Additional monthly expenses (strata, tax, utilities, etc.)$308.33
Total monthly cost$5,464.24
Interest paid over 5-yr term$229,041.55
Balance at end of term$718,847.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,895
Stress test qualifying rate8.09%
Payment you must qualify for$7,105.66

Cash Needed at Closing

Minimum down payment$74,895
Estimated BC PTT$17,979
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,374

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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