Property Type: Detached HouseOwnership: Freehold

300 Old Scott Rd

Salt Spring, BC V8K2L9

$2,095,000

3 bed3 bath2 parking2,411 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
1.82 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,832.01

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
PorchMain level
PatioLower level
WorkshopMain level
Mud roomLower level
BedroomLower level
BathroomLower level
BedroomLower level
EnsuiteLower level
Primary BedroomLower level
BathroomMain level
Laundry roomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1028582
Listed
March 12, 2026
Time on market
On the market for 172 days
Data last synced
August 28, 2026

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

Description

An idyllic 1.82-acre south-facing waterfront oasis with breathtaking sunrise-to-sunset views stretching from Ganges Harbour to the Sister Islands, across Chocolate Beach and out to the shimmering Salish Sea. Perfectly positioned near the shoreline, the immaculate Schubart-designed coastal home is filled with natural light from dramatic floor-to-ceiling windows, and skylights that showcase the peaceful seascape from nearly every room. Notable highlights include a vaulted ceiling, open beam work, wood and tile floors, cozy wood stove, newer metal roof and an efficient heat pump. The lower level houses a spacious and bright primary suite, with a generous walk in closet and ensuite, two additional bedrooms, bathroom and a handy mud room. Sun kissed patios and decks provide seaside lounges for relaxing or entertaining. The property is dissected by Old Scott Road and also includes a picturesque back acreage with ocean views, forest and wetlands, offering exceptional potential for an artist’s studio or workshop. Easy to care for natural landscape lines the serene seashore. A truly remarkable one-of-a-kind waterfront retreat in a much sought after neighbourhood. (id:63159)

Values & Trends

This listing

$869/sqft

Building average

No other active listings in this building

Salt Spring average

$759/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
Salt Spring ElementaryElementary3.3 km
Gulf Islands SecondarySecondary3.6 km
Phoenix PlaceSecondary3.7 km
Fernwood ElementaryElementary8.8 km
Galiano Community SchoolElementary10.0 km
Mayne Island SchoolElementary12.9 km
Crofton Elementary Community SchoolElementary13.7 km
Maple Bay ElementaryElementary14.4 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% ($419,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,676,000.00
Periodic payment — Principal & Interest (monthly)$10,812.98
Additional monthly expenses (strata, tax, utilities, etc.)$857.00
Total monthly cost$11,669.98
Interest paid over 5-yr term$480,346.42
Balance at end of term$1,507,567.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,887.85

Cash Needed at Closing

Minimum down payment$419,000
Estimated BC PTT$40,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$461,350

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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