Property Type: Detached HouseOwnership: Freehold

300 Walkers Hook Rd

Salt Spring, BC V8K1N7

$895,000

5 bed3 bath2 parking2,251 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
0.5 acres
Zoning
Rural residential

R

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,031.13

Interior

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

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
Living room/Dining roomLower level17' x 31'
BedroomMain level9' x 9'
BedroomMain level10' x 13'
BedroomMain level10' x 10'
BedroomLower level11' x 19'
BathroomMain level2-Piece
BathroomMain level4-Piece
BathroomLower level4-Piece
Primary BedroomMain level10' x 13'
KitchenMain level9' x 11'
Dining roomMain level11' x 9'
Living roomMain level12' x 24'

Listing Information

MLS®
1037540
Listed
May 23, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Duncan Realty Salt Spring Island · Data source: CREA DDF.

Description

Tucked away among mature trees just minutes from Ganges and nearby ocean access, this inviting West Coast home offers the rare balance of peaceful seclusion and everyday convenience. Soaring wood ceilings, expansive windows, and light-filled living spaces create a warm, welcoming atmosphere throughout. Four bedrooms on the main level are complemented by a fully equipped lower level with a fifth bedroom featuring egress windows, its own kitchen, bathroom, and laundry—ideal for extended family, guests, a home office, or flexible living. Thoughtful updates and recent infrastructure improvements provide added peace of mind, while sunny decks and serene outdoor spaces invite you to slow down and embrace the beauty of Salt Spring Island. A rare offering in a quiet, highly sought-after setting, the sellers are prepared to accommodate a timely completion. (id:63159)

Values & Trends

This listing

$398/sqft

Building average

No other active listings in this building

Salt Spring average

$764/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
Gulf Islands SecondarySecondary3.5 km
Phoenix PlaceSecondary3.6 km
Fernwood ElementaryElementary3.6 km
Salt Spring ElementaryElementary3.6 km
Crofton Elementary Community SchoolElementary10.9 km
Galiano Community SchoolElementary12.2 km
Maple Bay ElementaryElementary14.2 km
Mayne Island SchoolElementary16.6 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: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$448.93
Total monthly cost$5,068.32
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

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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