Property Type: Detached HouseOwnership: Freehold

1671 FULFORD-GANGES ROAD

Salt Spring Island, BC V8K2A8

$3,690,000

7 bed8 bath5,421 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Lot size
15.62 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,250.25 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Baseboard heaters, Electric, Wood
Fireplace
Yes (4)

Listing Information

MLS®
R3111758
Listed
April 15, 2026
Time on market
On the market for 138 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Set on over 15 acres of beautiful treed and pastoral land, this exceptional property offers a rare blend of privacy, versatility, and future potential. A picturesque pond, orchard, extensive garden, and Fulford creek flowing through the rear of the property create a serene, park-like setting. 2 main houses, a cottage, multiple outbuildings and a barn make this ideal for horses, farming, hobbies or a family compound. With expansive acreage and layout, there is exciting potential for subdivision or further development (buyer to verify.) A unique opportunity to enjoy rural charm while investing in your future. (id:63159)

Values & Trends

This listing

$681/sqft

Building average

No other active listings in this building

Salt Spring Island average

$1,327/sqft

4 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

14°C

Humidity 86%

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 ElementaryElementary6.6 km
Phoenix PlaceSecondary6.8 km
Gulf Islands SecondarySecondary6.8 km
Maple Bay ElementaryElementary11.3 km
Bench ElementaryElementary11.5 km
Fernwood ElementaryElementary13.0 km
Deep Cove ElementaryElementary13.1 km
Crofton Elementary Community SchoolElementary13.7 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

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($738,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,952,000.00
Periodic payment — Principal & Interest (monthly)$19,045.30
Additional monthly expenses (strata, tax, utilities, etc.)$875.19
Total monthly cost$19,920.49
Interest paid over 5-yr term$846,051.69
Balance at end of term$2,655,333.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$738,000
Stress test qualifying rate8.09%
Payment you must qualify for$22,699.85

Cash Needed at Closing

Minimum down payment$738,000
Estimated BC PTT$102,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$842,000

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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