148 Oakspring Rd
Salt Spring, BC V8K1S8
$1,599,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $33/mo
- Annual property tax
- $7,885
Interior
- Heating
- Baseboard heaters, Electric, Wood
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Total spaces
- 6
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Second level | — |
| Bathroom | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | 7' x 11' |
| Bedroom | Main level | 9' x 11' |
| Bedroom | Main level | 11' x 9' |
| Family room | Main level | 17' x 11' |
| Den | Main level | 6' x 15' |
| Laundry room | Main level | 8' x 8' |
| Bedroom | Main level | 14' x 16' |
| Laundry room | Main level | 8' x 5' |
| Den | Main level | 13' x 6' |
| Primary Bedroom | Main level | 19' x 11' |
| Kitchen | Main level | 10' x 12' |
| Dining room | Main level | 22' x 12' |
| Living room | Main level | 22' x 12' |
| Storage | Main level | 6' x 6' |
| Entrance | Main level | 8' x 10' |
Listing Information
- MLS®
- 1046229
- Listed
- August 6, 2026
- Time on market
- On the market for 25 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
Tucked into five sun-drenched acres of meadows, forest trails, and enchanting gardens, this beautifully renovated country property captures the essence of Salt Spring Island living. Filled with natural light and thoughtfully arranged over 3,178 sq. ft., this exceptional Salt Spring Island home offers remarkable flexibility for multi-generational living, extended family, a mortgage helper, caretaker accommodation, guest suite, home-based business, or creative pursuits. Extensive renovations have transformed the home, featuring a stunning chef-inspired kitchen with quartz countertops, induction cooking, elegant new bathrooms, oak flooring throughout, a custom walk-in closet, sunken office, rebuilt garden-view deck, and a beautifully renovated upper-level three-bedroom suite with excellent income or family living potential. The gently sloping south-facing acreage is a rare blend of open meadows, established gardens, and peaceful forest trails, offering endless opportunities to garden, explore, entertain, or simply enjoy the tranquility of nature. Durable metal roofing on both the home and outbuilding provides long-term peace of mind, while the versatile outbuilding offers additional space for hobbies, storage, or workshop use. Whether you’re searching for a private family estate, an island retreat with room for everyone, or a property that offers flexibility for rental income or a caretaker, this home delivers exceptional lifestyle and value. Located just minutes from Ganges and all amenities, it offers the perfect balance of privacy, sunshine, convenience, and the relaxed lifestyle that makes Salt Spring Island real estate so sought after. A rare opportunity to own a move-in-ready country property with space to grow, gather, and create lasting memories (id:63159)
Values & Trends
This listing
$503/sqft
Building average
—
No other active listings in this building
Salt Spring average
$889/sqft
8 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 |
|---|---|---|
| Salt Spring Elementary | Elementary | 2.5 km |
| Gulf Islands Secondary | Secondary | 2.7 km |
| Phoenix Place | Secondary | 2.8 km |
| Fernwood Elementary | Elementary | 6.1 km |
| Galiano Community School | Elementary | 10.6 km |
| Crofton Elementary Community School | Elementary | 12.3 km |
| Maple Bay Elementary | Elementary | 14.3 km |
| Mayne Island School | Elementary | 14.5 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)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($319,800) — 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.