Property Type: Condo / ApartmentOwnership: Strata

641 Annas Dr SW

Salt Spring, BC V8K2W9

$1,250,000

0 bed1 bath4 parking1,980 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
House
Lot size
8.89 acres
Zoning
Unknown

RU 1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$275/mo
Annual property tax
$4,150

Interior

Heating
Heat Pump
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4 — covered indicated
Features
Garage

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
StorageSecond level30' x 15'
LoftSecond level15' x 50'
KitchenAdditional Accommodation20' x 10'
BathroomMain level3-Piece

Listing Information

MLS®
1038773
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

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

Description

A heavenly estate in the making with an infinite outlook! Almost 9 acres of land with a mesmerizing view of the world below. A high-end built accessory building serves as a luxury garage for multiple automobiles and other collectable vehicles or an expansive workshop with 400 A service available. A finished second floor area provides comfortable quarters while you dream into building the main home. From this second level, double glass doors open up to a large deck for contemplating the movement of Ferries and the majesty of Mount Baker. OR bring your vision to convert this into a fabulous home with a sustainable footprint. Elaborate oversized rain catchment system with four large tanks for permaculture pursuits. Located in exclusive and neighbourly Mount Tuam Estates on a picturesque cul-de-sac. Quiet contemplation abounds ... simply the symphony of wind in the trees and eagle calls. (id:63159)

Values & Trends

This listing

$631/sqft

Building average

No other active listings in this building

Mount Tuam Estates average

No comparable active listings

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 ElementaryElementary5.2 km
Parkland SecondarySecondary7.2 km
North Saanich Middle SchoolMiddle7.8 km
Ecole Cobble Hill ElementaryElementary9.3 km
George Bonner ElementaryElementary9.4 km
Sidney ElementaryElementary9.6 km
Bench ElementaryElementary9.9 km
Brentwood College(Independent)Secondary10.1 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$719.83
Total monthly cost$7,171.49
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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