Property Type: Detached HouseOwnership: Freehold

405 Roland Rd

Salt Spring, BC V8K1V1

$2,595,000

2 bed4 bath4 parking3,762 sqftBuilt 2007
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
0.97 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,210.64

Interior

Heating
Other, Hot Water
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PorchMain level
PorchMain level
BathroomLower level
Utility roomLower level
Utility roomLower level
Recreation roomLower level
BedroomLower level
BathroomSecond level
OfficeSecond level
LoftSecond level
EnsuiteMain level
Laundry roomMain level
Primary BedroomMain level
BathroomMain level
Mud roomMain level
PantryMain level
Family roomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1038263
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

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

Description

Idyllic waterfront setting, with panoramic ocean views, creates an extraordinary backdrop at this architecturally exceptional home, where nearly every room is designed to capture the beauty of the surrounding landscape. Masterfully built by Villadsen Construction, this thoughtfully crafted 4,007 sq ft residence blends comfort, style, and functionality with abundant natural light, skylights, rich character, warm wood floors, cabinets and trim and meticulous attention to detail throughout. Gorgeous gourmet kitchen with walk-in pantry is designed for both everyday living and entertaining, A truly unforgettable architectural feature is the indoor bridge floating above a tranquil garden water feature, framing ocean vistas and leading to the principal bedroom suite, with walk in closet and spa inspired ensuite, in a world of its own. Outside, enchanting gardens create a private sanctuary with a serene pond and waterside deck, sweeping perennial plantings that evolve beautifully through the seasons, plus a greenhouse and fenced vegetable garden. A rare and magical oceanside property! (id:63159)

Values & Trends

This listing

$690/sqft

Building average

No other active listings in this building

Salt Spring average

$761/sqft

81 active listing(s)

Parking: 4 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
Deep Cove ElementaryElementary7.1 km
Parkland SecondarySecondary8.0 km
North Saanich Middle SchoolMiddle8.6 km
Sidney ElementaryElementary10.2 km
Pender Islands Elem-SecondaryElementary/Middle12.4 km
George Bonner ElementaryElementary12.8 km
Ecole Cobble Hill ElementaryElementary12.8 km
Bench ElementaryElementary12.9 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% ($519,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,076,000.00
Periodic payment — Principal & Interest (monthly)$13,393.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,038.89
Total monthly cost$14,432.53
Interest paid over 5-yr term$594,987.57
Balance at end of term$1,867,368.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,963.71

Cash Needed at Closing

Minimum down payment$519,000
Estimated BC PTT$55,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$576,350

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.

Request more information