Property Type: Detached HouseOwnership: Freehold

273 Maliview Dr

Salt Spring, BC V8K1B1

$669,000

2 bed1 bath1,131 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
House
Lot size
0.59 acres
Zoning
Residential

R

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,237.59

Interior

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

Parking

Features
Stall

Room Dimensions

RoomLevelDimensions
StorageMain level4' x 3'
Laundry roomMain level5' x 11'
BedroomMain level8' x 10'
BathroomMain level4-Piece
Primary BedroomMain level11' x 11'
KitchenMain level11' x 13'
Dining roomMain level12' x 17'
Living roomMain level11' x 17'
EntranceMain level5' x 6'

Listing Information

MLS®
1018230
Listed
October 24, 2025
Time on market
On the market for 311 days
Data last synced
August 28, 2026

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

Description

Charming One-Level Home Near the Ocean. Set on a sunny, level 0.59-acre lot, this welcoming single-level home offers a delightful blend of character and comfort just a short stroll from the ocean—with a glimpse of the water visible from the living room window. The two-bedroom residence was relocated onto new foundations several years ago and features timeless details rarely found in this price range, including inlaid hardwood floors, an updated bathroom, double-glazed windows, a wood stove, and a newer roof. A separate laundry room adds convenience, while outside, a private garden patio provides the perfect spot for relaxing or entertaining. The partly fenced yard is enhanced by mature fruit trees-apple, two plum, blueberries, a grapevine, and 400+ sq.ft. of versatile outbuildings. The property extends beyond the second garden fence, encompassing a peaceful forested area. Bordering the ALR, this serene setting promises a quiet rural lifestyle—naturally beautiful and enduringly private. (id:63159)

Values & Trends

This listing

$592/sqft

Building average

No other active listings in this building

Salt Spring average

$762/sqft

81 active listing(s)

Parking: Not indicatedStorage 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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
Fernwood ElementaryElementary914 m
Gulf Islands SecondarySecondary6.1 km
Phoenix PlaceSecondary6.1 km
Salt Spring ElementaryElementary6.3 km
Crofton Elementary Community SchoolElementary10.2 km
Galiano Community SchoolElementary14.3 km
Chemainus SecondaryK-1214.7 km
Maple Bay ElementaryElementary14.8 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.

Nearby Places

Restaurants (1)

  • Off the Hook · 321 Fernwood Road777 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$535,200.00
Periodic payment — Principal & Interest (monthly)$3,452.93
Additional monthly expenses (strata, tax, utilities, etc.)$326.80
Total monthly cost$3,779.73
Interest paid over 5-yr term$153,389.86
Balance at end of term$481,414.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,822.18

Cash Needed at Closing

Minimum down payment$41,900
Estimated BC PTT$11,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,780

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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