370 Baker Rd
Salt Spring, BC V8K2N6
$960,000
Property Details
Property & Lot
- Lot size
- 5.09 acres
- Zoning
- Unknown
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,289
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1024898
- Listed
- February 4, 2026
- Time on market
- On the market for 209 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes - Salt Spring · Data source: CREA DDF.
Description
An extraordinary opportunity to create your dream home in one of Salt Spring Island’s most coveted locations. This private 5.09-acre property is beautifully positioned on a tranquil semi-private pond shared with just one neighbour, delivering a level of peace and exclusivity seldom found. Encircled by towering forest, the property feels blissfully secluded, while remaining effortlessly connected to village life. Enjoy Baker Beach at the bottom of the hill, Salt Spring Golf Course at the top, the iconic Fritz Movie Theatre nearby, and the shops and cafés of Ganges only 4 km away. Zoning allows for an additional cottage and studio, offering exceptional flexibility for guests, income, or creative space. A truly rare offering in one of Salt Spring Island’s most sought-after locations. (id:63159)
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
| School | Type | Distance |
|---|---|---|
| Phoenix Place | Secondary | 3.5 km |
| Gulf Islands Secondary | Secondary | 3.5 km |
| Salt Spring Elementary | Elementary | 3.9 km |
| Fernwood Elementary | Elementary | 4.2 km |
| Crofton Elementary Community School | Elementary | 7.1 km |
| Maple Bay Elementary | Elementary | 10.4 km |
| Queen of Angels School(Independent) | Elementary/Middle | 13.4 km |
| Alex Aitken | Elementary | 13.5 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.
School district: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($71,000) — 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.