Property Type: Detached HouseOwnership: Freehold

201 Harrison Ave

Salt Spring, BC V8K2N3

$799,000

2 bed1 bath2 parking1,060 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
19,078 square feet
Zoning
Residential

R

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,401

Interior

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

Parking

Total spaces
2 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
StorageMain level8' x 8'
BathroomMain level4-Piece
BedroomMain level8'6 x 12'6
Primary BedroomMain level12' x 13'
Dining roomMain level8' x 10'
Living roomMain level17'
KitchenMain level13' x 10'

Listing Information

MLS®
1039538
Listed
June 14, 2026
Time on market
On the market for 78 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes - Salt Spring · Data source: CREA DDF.

Description

NEW PRICE! Tucked away on a sunny 0.43-acre lot on an oceanside cul-de-sac in a neighbourly enclave in the heart of Salt Spring Island, sits this charming 2-bedroom, 1-bath rancher. Embace comfortable single-level living just minutes from Ganges. The 1,060 sq. ft. home features an open and functional layout, primary bedroom on the main floor, and a welcoming atmosphere throughout. Updated appliances including Miele washer. A spacious carport provides covered parking, while the property offers a fenced garden, lavender, palm and herb plantings, roses and a productive fig tree. Outbuildings await future ideas. Carport shed & Storage shed. Connected to municipal water, this versatile property is ideal for first-time buyers, retirees, investors, or anyone seeking an affordable island home. Ocean Beach access a few hundred yards away. Conveniently located close to shops, services, schools, and recreation, this is a wonderful opportunity to enjoy the Salt Spring lifestyle. (id:63159)

Values & Trends

This listing

$754/sqft

Building average

No other active listings in this building

Salt Spring average

$760/sqft

81 active listing(s)

Parking: 2 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
Phoenix PlaceSecondary2.2 km
Gulf Islands SecondarySecondary2.2 km
Salt Spring ElementaryElementary2.6 km
Fernwood ElementaryElementary4.8 km
Crofton Elementary Community SchoolElementary8.1 km
Maple Bay ElementaryElementary10.7 km
Queen of Angels School(Independent)Elementary/Middle13.7 km
Alex AitkenElementary14.0 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: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$253.08
Total monthly cost$4,376.98
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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