Property Type: Land / LotOwnership: Freehold

547 Beddis Rd

Salt Spring, BC V8K2E8

$1,975,000

0 bed0 bath1 parking
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Property Details

Property & Lot

Lot size
23.03 acres
Zoning
Rural residential

R

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,471.41

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
1

Listing Information

MLS®
995220
Listed
April 13, 2025
Time on market
On the market for 506 days
Data last synced
August 28, 2026

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

Description

Experience Salt Spring Island's beauty with this 23-acre jewel on desirable Beddis Road! Boasting east-facing ocean views, this prime real estate is a rare find. With a freehold title and no encumbrances like development permit areas, covenants, or ALR designation, it offers unmatched freedom. The acreage is sub-dividable into 4 lots or less. Whether you're seeking a serene holding property or envisioning a development project, this is your canvas. Seize the opportunity to own a piece of Salt Spring Island's sought-after landscape today! (id:63159)

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.

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
Salt Spring ElementaryElementary3.5 km
Gulf Islands SecondarySecondary3.8 km
Phoenix PlaceSecondary3.8 km
Fernwood ElementaryElementary9.9 km
Galiano Community SchoolElementary11.9 km
Maple Bay ElementaryElementary12.7 km
Crofton Elementary Community SchoolElementary13.0 km
Mayne Island SchoolElementary14.2 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

Shopping (1)

  • Fields345 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($395,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,580,000.00
Periodic payment — Principal & Interest (monthly)$10,193.62
Additional monthly expenses (strata, tax, utilities, etc.)$372.62
Total monthly cost$10,566.24
Interest paid over 5-yr term$452,832.54
Balance at end of term$1,421,215.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$395,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,149.65

Cash Needed at Closing

Minimum down payment$395,000
Estimated BC PTT$37,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$434,000

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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