Property Type: Detached HouseOwnership: Freehold

214 Dogwood Lane

Salt Spring, BC V8K1A4

$2,795,000

3 bed4 bath4 parking2,771 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
4.4 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,848.56

Interior

Heating
Baseboard heaters, Electric, Other
Cooling / A/C
None
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
EnsuiteMain level3-Piece
PatioMain level
StorageMain level
StudioMain level
WorkshopMain level
BathroomMain level3-Piece
BedroomMain level14' x 12'
BedroomMain level14' x 9'
EnsuiteMain level4-Piece
Living roomAdditional Accommodation17' x 20'
Hobby roomMain level21' x 11'
Laundry roomMain level8' x 3'
Family roomMain level9' x 12'
BathroomMain level4-Piece
Primary BedroomMain level20' x 12'
KitchenMain level12' x 10'
Dining roomMain level16' x 12'
Living roomMain level17' x 20'
EntranceMain level10' x 14'

Listing Information

MLS®
1024497
Listed
March 9, 2026
Time on market
On the market for 175 days
Data last synced
August 28, 2026

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

Description

This perfectly situated private and serene oceanfront estate of 4.4 acres enjoys premium southwestern exposure on one of the most desirable locations on Salt Spring. The sun drenched setting overlooks the most fabulous ocean and island views imaginable and provides warm swimming, dramatic sunsets and the level bench at the water’s edge is the perfect spot to launch a kayak, paddleboard or explore the ocean’s edge. The immaculate one level coastal contemporary home, well presented with a stylish neutral design palette, is both comfortable and elegant having light-filled interiors which highlight the seascape backdrop. Outdoors, easy care natural landscape provides many special spots to relax and reflect including ample deck areas, flagstone patios, a covered gazebo as well as a beachfront deck. In addition, there is a workshop and studio for creative endeavorus and zoning allowing a future guest cottage. Truly, a remarkable and uncommon offering. (id:63159)

Values & Trends

This listing

$1,009/sqft

Building average

No other active listings in this building

Salt Spring average

$757/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
Fernwood ElementaryElementary4.8 km
Crofton Elementary Community SchoolElementary8.6 km
Chemainus SecondaryK-129.5 km
Chemainus Elementary Community SchoolElementary10.1 km
Thetis Island ElementaryElementary10.4 km
Phoenix PlaceSecondary10.5 km
Gulf Islands SecondarySecondary10.5 km
Salt Spring ElementaryElementary10.8 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: 20.0% ($559,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,236,000.00
Periodic payment — Principal & Interest (monthly)$14,425.91
Additional monthly expenses (strata, tax, utilities, etc.)$1,126.38
Total monthly cost$15,552.29
Interest paid over 5-yr term$640,844.03
Balance at end of term$2,011,289.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$559,000
Stress test qualifying rate8.09%
Payment you must qualify for$17,194.06

Cash Needed at Closing

Minimum down payment$559,000
Estimated BC PTT$61,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$622,350

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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