154 Cormorant Cres
Salt Spring, BC V8K1G8
$1,990,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.14 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,364
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Lower level | 10'3 x 18'9 |
| Dining room | Main level | 12'10 x 10'3 |
| Kitchen | Main level | 17'11 x 13'3 |
| Living room | Main level | 16'9 x 22'6 |
| Ensuite | Main level | 13'1 x 14'10 |
| Primary Bedroom | Main level | 16'1 x 17'3 |
| Bathroom | Main level | 6'7 x 11'3 |
| Bedroom | Main level | 12'10 x 11'6 |
| Recreation room | Lower level | 16'0 x 18'8 |
| Recreation room | Lower level | 24'4 x 17'4 |
| Bathroom | Lower level | 9'2 x 11'3 |
| Office | Lower level | 10'8 x 12'2 |
Listing Information
- MLS®
- 1027319
- Listed
- March 1, 2026
- Time on market
- On the market for 183 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker · Data source: CREA DDF.
Description
Enjoy spectacular views through Stuart Channel towards Samsun Narrows from this south-facing, spacious, and meticulously upgraded West Coast property. Ideal for buyers who appreciate quality craftsmanship, this post-and-beam home offers exceptional value, well below replacement cost. Backing onto the Channel Ridge Park Reserve with hiking trail access, this hillside 4,000~ sq ft residence has undergone extensive, thoughtful upgrades, including comprehensive FireSmart forest management, with windfall removal, crown reduction, and limbing to reduce wildfire risk and preserve the natural setting. A dedicated emergency water cistern adds further peace of mind, while a fire-resistant EnviroShake roof with a lifetime warranty and Fenstur triple-paned windows bring durability and efficiency to future-focused living. Thoughtfully designed landscaping features drought-tolerant, fire-conscious plantings that complement the home's natural surroundings. Vaulted ceilings and expansive windows enhance an elegant, livable floor plan, while a high-efficiency heat pump ensures year-round comfort. The bright walkout lower level, with 9 ft ceilings, offers flexible space for guests, media, a home office, or multigenerational living. A private deck and glass-covered atrium patio are designed for outdoor entertainment, and the heated garage workshop doubles beautifully as a studio. This well-priced, elegant home is move-in ready and conveniently located. (id:63159)
Values & Trends
This listing
$486/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
13°C
—
Humidity 92%
Wind SSW 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 |
|---|---|---|
| Fernwood Elementary | Elementary | 2.8 km |
| Phoenix Place | Secondary | 4.8 km |
| Gulf Islands Secondary | Secondary | 4.8 km |
| Salt Spring Elementary | Elementary | 5.1 km |
| Crofton Elementary Community School | Elementary | 7.1 km |
| Maple Bay Elementary | Elementary | 11.5 km |
| Chemainus Secondary | K-12 | 13.3 km |
| Chemainus Elementary Community School | Elementary | 14.0 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)
- Duck Creek Park798 m
Nearby places data: © OpenStreetMap contributors.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($398,000) — 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.