Property Type: Land / LotOwnership: Freehold

2 Churchill Rd

Salt Spring, BC V8K2R3

$1,320,000

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
1.84 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,154.95

Interior

Fireplace
None

Parking

Total spaces
10

Listing Information

MLS®
1038531
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

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

Description

This lovely 1.84 acre lot is private and walkable to Ganges! Freshly prepped with driveway built, building envelope cleared and municipal water connection permit in place! A combination of treed and sunny, cleared areas make this a blank canvas to create your dream home with immediate access to all amenities. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 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
Salt Spring ElementaryElementary809 m
Gulf Islands SecondarySecondary964 m
Phoenix PlaceSecondary1.0 km
Fernwood ElementaryElementary6.1 km
Crofton Elementary Community SchoolElementary10.9 km
Galiano Community SchoolElementary12.2 km
Maple Bay ElementaryElementary12.6 km
Queen of Angels School(Independent)Elementary/Middle15.6 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

Restaurants (5+)

  • Harbour House451 m
  • Seaside Restaurant696 m
  • Fishery and Chips700 m
  • BurgerBar537754 m
  • Dos Amores761 m

Cafes (1)

  • Tree House Cafe759 m

Grocery (1)

  • Thrifty Foods · 114 Purvis Lane778 m

Parks (4)

  • Churchill Road Linear Park301 m
  • Peck's Cove Park538 m
  • Rotary Park612 m
  • Kanaka Road Skateboard Park729 m

Shopping (1)

  • Moaut's Seaside Shops772 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($107,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,056,000.00
Periodic payment — Principal & Interest (monthly)$6,812.95
Additional monthly expenses (strata, tax, utilities, etc.)$179.58
Total monthly cost$6,992.53
Interest paid over 5-yr term$302,652.64
Balance at end of term$949,875.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$107,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,327.55

Cash Needed at Closing

Minimum down payment$107,000
Estimated BC PTT$24,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$132,900

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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