347 Collins Rd
Salt Spring, BC V8K2N1
$1,495,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.52 acres
- Zoning
- Residential/Commercial
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,938
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 14'8 x 49'4 |
| Storage | Lower level | 15'2 x 19'0 |
| Mud room | Lower level | 9'10 x 9'3 |
| Bathroom | Lower level | 3-Piece |
| Storage | Lower level | 15'0 x 16'8 |
| Bedroom | Lower level | 15'7 x 11'9 |
| Kitchen | Lower level | 5'11 x 21'3 |
| Dining room | Lower level | 9'1 x 11'6 |
| Living room | Lower level | 15'7 x 16'0 |
| Ensuite | Main level | 4-Piece |
| Primary Bedroom | Main level | 15'5 x 10'0 |
| Living room | Main level | 20'0 x 15'11 |
| Dining room | Main level | 14'6 x 11'7 |
| Laundry room | Main level | 5'6 x 10'0 |
| Pantry | Main level | 6'1 x 8'11 |
| Kitchen | Main level | 10'11 x 16'4 |
| Bedroom | Main level | 11'11 x 11'10 |
| Bathroom | Main level | 3-Piece |
| Family room | Main level | 14'6 x 19'11 |
| Entrance | Main level | 11'6 x 7'10 |
Listing Information
- MLS®
- 1033699
- Listed
- May 6, 2026
- Time on market
- On the market for 117 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
OCEAN VIEWS in a quiet enclave, this nearly new custom-built, contemporary home captures stunning west-facing sunset views & refined main-level living. Sophisticated coastal aesthetic blend warmth & modern elegance with high-end finishes throughout. Natural light floods the open-concept plan from expansive windows and French doors, anchored by a vaulted shiplap ceiling. Designer kitchen, with an efficient pantry, flows seamlessly into elegant living and dining areas, ideal for entertaining. Main level offers two bedrooms and two beautifully appointed bathrooms, including a serene primary retreat. Fully finished lower level provides an additional bedroom, bathroom, and versatile family/flex space. Expansive sun-drenched deck, low-maintenance grounds & new 2-zone drip irrigation complete this turnkey retreat, just minutes to Ganges—perfect for those seeking a luxurious West Coast lifestyle within easy reach of Vancouver & Victoria. Recent appraisal lists buildings alone at $1,745K,000. (id:63159)
Values & Trends
This listing
$470/sqft
Building average
—
No other active listings in this building
Salt Spring average
$764/sqft
81 active listing(s)
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Phoenix Place | Secondary | 3.7 km |
| Gulf Islands Secondary | Secondary | 3.8 km |
| Salt Spring Elementary | Elementary | 4.1 km |
| Crofton Elementary Community School | Elementary | 6.4 km |
| Fernwood Elementary | Elementary | 6.4 km |
| Maple Bay Elementary | Elementary | 8.4 km |
| Queen of Angels School(Independent) | Elementary/Middle | 11.4 km |
| Alex Aitken | Elementary | 11.7 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.