Property Type: Detached HouseOwnership: Freehold

171 Lautman Dr

Salt Spring, BC V8K2C2

$899,000

3 bed2 bath4 parking2,062 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
House
Lot size
0.83 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,314

Interior

Heating
Baseboard heaters, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
WorkshopMain level
BalconySecond level
BathroomSecond level
Primary BedroomSecond level
BedroomSecond level
BedroomSecond level
Living roomMain level
Laundry roomMain level
BathroomMain level
Dining roomMain level
KitchenMain level
Family roomMain level

Listing Information

MLS®
1038160
Listed
June 12, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Salt Spring Island · Data source: CREA DDF.

Description

Privately perched on a sun-lit 0.83-acre south-facing property, this charming 3-bedroom, 2-bathroom West Coast home offers a rare blend of practical space, character, and convenience. Complete with an oversized detached garage and available for immediate possession, this is an exceptional opportunity to embrace island living at its finest. Offering approximately 2,000 square feet of thoughtfully designed living space, the semi-open floor plan features both a welcoming living room and a comfortable family room. Each flows effortlessly onto expansive front sundecks, creating a seamless connection between indoor and outdoor living and providing the perfect setting for entertaining, relaxing, or simply taking in the surrounding trees. The detached workshop has been divided into a dedicated workroom and garage space, providing endless possibilities for hobbies, creative pursuits, storage, or home-based projects. Serviced by piped water and ideally situated in a central mid-island location, the property enjoys the best of both worlds: a natural and rural setting with everyday amenities close at hand. Beautiful Cusheon Lake is just a short stroll away, while town is only four minutes by car. If you've ever imagined waking among the treetops in your own private home, this property captures that feeling perfectly. (id:63159)

Values & Trends

This listing

$436/sqft

Building average

No other active listings in this building

Salt Spring average

$764/sqft

81 active listing(s)

Parking: 4 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 ElementaryElementary4.9 km
Gulf Islands SecondarySecondary5.2 km
Phoenix PlaceSecondary5.2 km
Fernwood ElementaryElementary11.4 km
Galiano Community SchoolElementary12.2 km
Maple Bay ElementaryElementary13.0 km
Mayne Island SchoolElementary13.8 km
Crofton Elementary Community SchoolElementary14.0 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.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$462.50
Total monthly cost$5,102.53
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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.

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