Property Type: Detached HouseOwnership: Freehold

190 McLennan Dr

Salt Spring, BC V8K1X2

$1,400,000

2 bed2 bath5 parking1,191 sqftBuilt 1987
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Property Details

Property & Lot

Sub-type
House
Lot size
10 acres
Zoning
Agricultural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,284.17

Interior

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

Parking

Total spaces
5 — uncovered indicated
Features
None

Room Dimensions

RoomLevelDimensions
StorageSecond level
BathroomSecond level3-Piece
BedroomSecond level
BedroomSecond level
Laundry roomMain level
BathroomMain level3-Piece
Living roomMain level
Dining roomMain level10'0 x 8'0
KitchenMain level8'0 x 8'0

Listing Information

MLS®
1044059
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Northwest · Data source: CREA DDF.

Description

An exceptional opportunity to own 10 acres of Agricultural Land Reserve (ALR) in the sought-after south end of Salt Spring Island. Offering a rare combination of land, privacy and timeless charm, this picturesque property is perfectly suited to those dreaming of a rural lifestyle. Secondary two-bedroom suite on the property. Set well back from the road, the quaint cottage enjoys a peaceful, idyllic setting overlooking one of the property’s two tranquil ponds. Surrounded by mature gardens, established landscaping and the sounds of nature, it’s a place where you can truly slow down and enjoy island living. The gently open fields at the front of the property provide endless possibilities. Whether you envision an equestrian estate with stables and an outdoor riding arena, a working farm, a hobby farm or simply a private country retreat, this remarkable acreage offers the space and flexibility to bring your vision to life. A truly special property where natural beauty, serenity and opportunity come together in one unforgettable setting. It'll be the best move you make. (id:63159)

Values & Trends

This listing

$1,175/sqft

Building average

No other active listings in this building

Salt Spring average

$755/sqft

81 active listing(s)

Parking: 5 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.

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

SchoolTypeDistance
Pender Islands Elem-SecondaryElementary/Middle10.0 km
Salt Spring ElementaryElementary10.8 km
Gulf Islands SecondarySecondary11.1 km
Phoenix PlaceSecondary11.1 km
Mayne Island SchoolElementary11.3 km
Deep Cove ElementaryElementary12.2 km
Galiano Community SchoolElementary12.4 km
Parkland SecondarySecondary12.7 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.

Nearby Places

Parks (1)

  • Unnamed518 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($115,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,120,000.00
Periodic payment — Principal & Interest (monthly)$7,225.86
Additional monthly expenses (strata, tax, utilities, etc.)$417.01
Total monthly cost$7,642.87
Interest paid over 5-yr term$320,995.22
Balance at end of term$1,007,443.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$115,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,881.20

Cash Needed at Closing

Minimum down payment$115,000
Estimated BC PTT$26,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,500

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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