Property Type: TownhouseOwnership: Strata

38 315 Robinson Rd

Salt Spring, BC V8K1P7

$699,900

2 bed3 bath51 parking1,285 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
644 square feet
Zoning
Rural residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$568/mo
Annual property tax
$4,993

Interior

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

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Parking

Total spaces
51

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
BedroomSecond level16'9 x 14'11
PatioLower level8'5 x 15'11
BathroomLower level4-Piece
Primary BedroomLower level15'6 x 11'0
Living roomMain level17'8 x 11'0
BathroomMain level2-Piece
Dining roomMain level11'3 x 10'6
KitchenMain level8'1 x 8'4
EntranceMain level5'6 x 11'11

Listing Information

MLS®
1033494
Listed
April 29, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

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

Description

The Cottages on Salt Spring Island are a Gulf Island treasure located on the shore of Bullock Lake just 2 minutes from Ganges. This detached lakefront home features a great room concept with a bright and sunny kitchen featuring a center island with seating. The living area has a separate dining area, a cozy fireplace and hardwood floors leading out to the large, covered private deck ideal for enjoying the peaceful lake views. The upper floor has a primary bedroom with an open loft to the living room, deluxe ensuite with separate shower and oversized soaker tub. The lower level has a second primary bedroom, ensuite and its own lakeview walk out patio. This Cottage is ideally located only steps to the dock and comes fully furnished and appointed. Enjoy your Cottage as much as you like or take advantage of the optional nightly managed rental program for supplemental income when you’re off island. GST Applicable. (id:63159)

Values & Trends

This listing

$545/sqft

Building average

$547/sqft

1 active listing(s)

Salt Spring average

$461/sqft

11 active listing(s)

Parking: 51 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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
Gulf Islands SecondarySecondary2.2 km
Phoenix PlaceSecondary2.2 km
Salt Spring ElementaryElementary2.4 km
Fernwood ElementaryElementary4.3 km
Crofton Elementary Community SchoolElementary10.2 km
Galiano Community SchoolElementary12.7 km
Maple Bay ElementaryElementary12.9 km
Queen of Angels School(Independent)Elementary/Middle16.0 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

Parks (2)

  • Bullock Lake Linear Park No. 1451 m
  • Bullock Lake Linear Park No. 2541 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$1,048.28
Total monthly cost$4,660.70
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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