Property Type: Detached HouseOwnership: Freehold

220 Scott Point Dr

Salt Spring, BC V8K2R1

$3,250,000

3 bed4 bath3 parking3,946 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
1.05 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,028.39

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
PatioLower level
Utility roomLower level
StorageLower level
PatioMain level
WorkshopMain level
BedroomLower level
Sitting roomLower level
Family roomLower level
Laundry roomMain level
BedroomMain level
Family roomMain level
EnsuiteMain level5-Piece
DenMain level
BathroomLower level3-Piece
BathroomMain level3-Piece
BathroomMain level2-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1028687
Listed
March 13, 2026
Time on market
On the market for 171 days
Data last synced
August 28, 2026

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

Description

Discover the pinnacle of island living on over an acre of pristine, private waterfront on sought-after Scott Point, with direct access to a boater’s dock. Perfectly positioned to capture brilliant southern exposure and breathtaking ocean views, this meticulously maintained residence offers an unmatched coastal lifestyle. Inside, the 3,946 sq ft home is a masterclass in light and space having soaring ceilings, skylights, oversized windows, and gleaming hardwood floors flooding the main living areas with natural light year-round. The custom gourmet kitchen is a chef’s dream, flowing into the spacious dining area and the dramatic living room is centered around a massive focal stone fireplace. The oceanside primary suite is a luxurious retreat, allowing double french door deck access and complete with a spa-inspired ensuite, dual walk-in closets, and phoenomenal water views. Guests will enjoy privacy in a dedicated wing, while a professional home office makes working from paradise seamless. A finished lower level and triple-car garage offer incredible versatility for your lifestyle needs. Outdoors, the magic continues. The gated and fenced property has been transformed into a private oasis with artisan stonework, professional landscaping, irrigated gardens, and expansive patio and deck areas that blend effortlessly into the natural coastal setting. Located just minutes by car or boat from town amenities and the Vancouver ferry, this is a rare opportunity to embrace the best of nautical living in a premium waterfront estate! (id:63159)

Values & Trends

This listing

$824/sqft

Building average

No other active listings in this building

Salt Spring average

$759/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

13°C

Humidity 92%

Wind SSW 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

7

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
Salt Spring ElementaryElementary4.7 km
Gulf Islands SecondarySecondary5.0 km
Phoenix PlaceSecondary5.1 km
Galiano Community SchoolElementary8.8 km
Fernwood ElementaryElementary9.9 km
Mayne Island SchoolElementary11.5 km
Crofton Elementary Community SchoolElementary15.1 km
Pender Islands Elem-SecondaryElementary/Middle15.5 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.

Nearby Places

Parks (1)

  • Welbury Bay Park444 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,600,000.00
Periodic payment — Principal & Interest (monthly)$16,774.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,282.70
Total monthly cost$18,057.02
Interest paid over 5-yr term$745,167.47
Balance at end of term$2,338,708.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$650,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,993.09

Cash Needed at Closing

Minimum down payment$650,000
Estimated BC PTT$80,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$732,000

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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