Property Type: Detached HouseOwnership: Freehold

150 Liberty Hall Lane

Salt Spring, BC V8K2H1

$1,749,900

3 bed4 bath2,842 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Lot size
8.59 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,107.63

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view, Valley view

Room Dimensions

RoomLevelDimensions
Family roomSecond level14'3 x 13'3
BathroomSecond level3-Piece
BedroomSecond level10'10 x 11'7
EnsuiteSecond level4-Piece
Primary BedroomSecond level17'8 x 15'6
BathroomMain level2-Piece
BathroomMain level4-Piece
Laundry roomMain level10'8 x 7'7
BedroomMain level9'8 x 11'10
Dining roomMain level13'10 x 15'4
KitchenMain level15'0 x 13'0
Living roomMain level19'4 x 38'9
EntranceMain level7'1 x 10'5

Listing Information

MLS®
1040613
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

An extraordinary 8.5ac oceanview estate on Salt Spring Island where enduring craftsmanship meets refined West Coast luxury. Built as a legacy property, this timber-framed residence—crafted from trees harvested on site—offers soaring ceilings and a sense of quiet strength. The 3BR/4BA layout features a serene primary retreat, heated tile floors, and light-filled spaces capturing sweeping harbour views toward Vancouver with prime sun exposure. This is the realization of a master mechanic’s vision, designed for a self-reliant lifestyle w/ 2 high-bay garages w/ mezzanine, engine hoist, plumbed compressors, a 1400sf wired shop, and 2100sf powered barn. Infrastructure includes a backup generator and dual wells, catering to those who prioritize practicality and long-term stability. Set on a quiet cul-de-sac mins to Ganges w/ future oceanview build potential, this compound is built to a higher standard for a life of comfort and independence. (id:63159)

Values & Trends

This listing

$616/sqft

Building average

No other active listings in this building

Salt Spring average

$762/sqft

81 active listing(s)

Parking: Not indicatedStorage 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.

Nearby Schools

SchoolTypeDistance
Salt Spring ElementaryElementary2.3 km
Phoenix PlaceSecondary2.5 km
Gulf Islands SecondarySecondary2.5 km
Fernwood ElementaryElementary8.8 km
Maple Bay ElementaryElementary11.4 km
Crofton Elementary Community SchoolElementary11.4 km
Galiano Community SchoolElementary13.0 km
Bench ElementaryElementary14.2 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($349,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,399,920.00
Periodic payment — Principal & Interest (monthly)$9,031.81
Additional monthly expenses (strata, tax, utilities, etc.)$734.30
Total monthly cost$9,766.11
Interest paid over 5-yr term$401,221.10
Balance at end of term$1,259,232.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$349,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,764.89

Cash Needed at Closing

Minimum down payment$349,980
Estimated BC PTT$32,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,478

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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