Property Type: Detached HouseOwnership: Freehold

215 Maliview Dr

Salt Spring, BC V8K1R7

$955,000

5 bed3 bath3 parking2,774 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Lot size
0.55 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,442.04

Interior

Heating
Forced air, Propane, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
PorchLower level9' x 9'
Laundry roomLower level7' x 6'
BathroomLower level12' x 10'
KitchenLower level14' x 12'
Recreation roomLower level24' x 11'
BedroomLower level10' x 7'
BedroomLower level17' x 10'
Family roomLower level19' x 16'
EntranceLower level6' x 5'
PatioLower level20' x 16'
BedroomMain level13' x 11'
BedroomMain level11' x 10'
BathroomMain level11' x 7'
EnsuiteMain level10' x 5'
Primary BedroomMain level13' x 10'
KitchenMain level14' x 10'
Dining roomMain level13' x 12'
Living roomMain level21' x 15'

Listing Information

MLS®
1033524
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

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

Description

Mortgage Helper & Move-in Ready! This 5 bed/3 bath home has upgrades throughout. including a newer roof, hot water tank (HWT), and a propane furnace.Step outside to enjoy over 1,200 sq. ft. of decking, partially covered for year-round enjoyment and perfect for entertaining. The lower level boasts a separate entrance and offers incredible potential for multigenerational living, a home-based business, or guest accommodations. . The expansive fenced backyard is a peaceful retreat—ideal for gardening enthusiasts or simply relaxing in nature. Situated in a unique island subdivision with its own community water and sewer system, this home offers the best of both privacy and convenience. You’ll be just a short walk to the ocean and beaches, with close proximity to the lake, new restaurants, Elementary School, and public transit. Only minutes to the vibrant shops and services of Ganges Village. Don’t miss this rare opportunity to own this versatile, turn-key home. (id:63159)

Values & Trends

This listing

$344/sqft

Building average

No other active listings in this building

Salt Spring average

$765/sqft

81 active listing(s)

Parking: 3 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 ElementaryElementary762 m
Gulf Islands SecondarySecondary5.7 km
Phoenix PlaceSecondary5.7 km
Salt Spring ElementaryElementary5.9 km
Crofton Elementary Community SchoolElementary9.7 km
Maple Bay ElementaryElementary14.3 km
Galiano Community SchoolElementary14.5 km
Chemainus SecondaryK-1214.5 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: 7.4% ($70,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$764,000.00
Periodic payment — Principal & Interest (monthly)$4,929.07
Additional monthly expenses (strata, tax, utilities, etc.)$509.17
Total monthly cost$5,438.24
Interest paid over 5-yr term$218,964.60
Balance at end of term$687,220.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,801.50

Cash Needed at Closing

Minimum down payment$70,500
Estimated BC PTT$17,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$89,100

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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