Property Type: Detached HouseOwnership: Freehold

169 Armand Way

Salt Spring, BC V8K2B6

$6,995,000

5 bed6 bath10 parking5,385 sqftBuilt 2005
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
30 acres
Zoning
Rural residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,352.78

Interior

Heating
Heat Pump, Other
Cooling / A/C
Fully air conditioned
Fireplace
Yes (6)

Parking

Total spaces
10 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
BathroomMain level
EnsuiteSecond level
BedroomSecond level
EnsuiteSecond level
BedroomSecond level
EnsuiteSecond level
BedroomSecond level
EnsuiteSecond level
BedroomSecond level
EnsuiteMain level
Primary BedroomMain level
DenMain level
Dining roomMain level
Living roomMain level
KitchenMain level
EntranceMain level

Listing Information

MLS®
1041392
Listed
June 26, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada SSI · Data source: CREA DDF.

Description

The Wetherly on Salt Spring Island is an exceptional 30 acre estate of absolute privacy and outstanding natural beauty. When the owners purchased this secluded parcel over 1/4 century ago, they sought to preserve the tucked away, tranquil nature of the landscape while building a legacy estate to share with family, friends and visitors alike. A place designed to encourage connection with nature while providing inviting opportunities to gather. A key emphasis in the design phase was put on how the main home and out buildings interact with each other and their individual surroundings. The property is orchestrated around extended family recreation with indoor/outdoor spaces presenting ample opportunities for relaxation and play among the spa, social house and inground swimming pool. During the day as you approach the property it sits in reverence to the landscape. At night when it’s all lit up, you get a dramatically different perspective. A simply outstanding offering - like no other! (id:63159)

Values & Trends

This listing

$1,299/sqft

Building average

No other active listings in this building

Salt Spring average

$753/sqft

81 active listing(s)

Parking: 10 stall(s) includedStorage 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 ElementaryElementary5.4 km
Phoenix PlaceSecondary5.5 km
Gulf Islands SecondarySecondary5.5 km
Maple Bay ElementaryElementary10.5 km
Bench ElementaryElementary11.7 km
Fernwood ElementaryElementary11.7 km
Crofton Elementary Community SchoolElementary12.4 km
Queen of Angels School(Independent)Elementary/Middle13.2 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)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,399,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$5,596,000.00
Periodic payment — Principal & Interest (monthly)$36,103.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,715.06
Total monthly cost$37,818.56
Interest paid over 5-yr term$1,603,829.69
Balance at end of term$5,033,620.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,399,000
Stress test qualifying rate8.09%
Payment you must qualify for$43,031.28

Cash Needed at Closing

Minimum down payment$1,399,000
Estimated BC PTT$267,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,668,250

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