Property Type: Land / LotOwnership: Freehold

155 Liberty Hall Lane

Salt Spring, BC V8K2H1

$549,000

0 bed0 bath5 parking
Get Directions

Property Details

Property & Lot

Lot size
6.97 acres
Zoning
Residential

Rural (R)

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$2,566

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Ocean view, Valley view

Parking

Total spaces
5

Listing Information

MLS®
1014473
Listed
September 19, 2025
Time on market
On the market for 346 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes - Salt Spring · Data source: CREA DDF.

Description

''Sitting on top of the world!” A very special and private 6.97 acres with gorgeous ocean, lake, mountain and pastoral views from high up on Liberty Hall lane. You can sit in your deck chair and watch the eagles fly by. Driveway, well, cable/high speed internet and hydro are in and there are building sites for a home and cottage. 6 minute drive to Ganges and 15 minute drive to Fulford ferry. Property includes two “bunkies” with electricity to stay in while you build your dream home and an outhouse with composting toilet. A home built in the proposed building site would have even better views, given the elevation of the home. Further up driveway is best home site. 200 amps of power is in to a possible cottage site and there is easy access off the driveway. Upgraded driveway in place. Priced well under Assessment. (id:63159)

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 ElementaryElementary11.2 km
Crofton Elementary Community SchoolElementary11.2 km
Galiano Community SchoolElementary13.2 km
Bench ElementaryElementary14.1 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: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$213.83
Total monthly cost$3,047.40
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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.

Request more information