153 Southern Way
Salt Spring, BC V8K2Y1
$1,599,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.5 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $30/mo
- Annual property tax
- $4,864
Interior
- Heating
- Heat Pump, Wood
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Lake view, Mountain view, Ocean view, Valley view
Parking
- Total spaces
- 7
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 |
|---|---|---|
| Entrance | Main level | — |
| Bathroom | Main level | — |
| Office | Main level | — |
| Ensuite | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Laundry room | Main level | — |
| Pantry | Main level | — |
| Kitchen | Main level | — |
| Sitting room | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
Listing Information
- MLS®
- 996701
- Listed
- April 28, 2025
- Time on market
- On the market for 490 days
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty Salt Spring Island · Data source: CREA DDF.
Description
A supreme blend of quality, light and views, this 2,500 square foot, one level, executive mountain home truly achieves the ideal contemporary yet west coast design. The open and elegant living area welcomes you right into the view with a master bedroom plus guest space and office wing on opposing sides. Soaring ceilings and immense sections of glass look out onto a dramatic ocean, lake and island backdrop, with the finest finishing and progressive features, the grand space does nothing to diminish the relaxed, comfortable and quality ambiance. Here you can work, entertain and hit the trails accessed steps away where one can climb to the peak of Mt Erskine, a beloved island trail leading to aerial views over Sansum Narrows and Vancouver Island. Serviced by a private drilled well, and with all the protection of New Home Warranty, this close to Ganges home was constructed by one of Salt Spring's finest builders, and is certainly to be treasured. (id:63159)
Values & Trends
This listing
$634/sqft
Building average
—
No other active listings in this building
Salt Spring average
$872/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 |
|---|---|---|
| Phoenix Place | Secondary | 1.9 km |
| Gulf Islands Secondary | Secondary | 2.0 km |
| Salt Spring Elementary | Elementary | 2.3 km |
| Fernwood Elementary | Elementary | 6.3 km |
| Crofton Elementary Community School | Elementary | 8.2 km |
| Maple Bay Elementary | Elementary | 9.8 km |
| Queen of Angels School(Independent) | Elementary/Middle | 12.8 km |
| Alex Aitken | Elementary | 13.3 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% ($319,980) — 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.