Property Type: Detached HouseOwnership: Freehold

760 Walkers Hook Rd

Salt Spring, BC V8K1N5

$849,000

2 bed2 bath2 parking1,832 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Lot size
0.68 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,319.56

Interior

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

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomMain level3-Piece
Laundry roomMain level13' x 15'
OfficeMain level7' x 11'
BedroomMain level14' x 17'
BathroomMain level4-Piece
Primary BedroomMain level13' x 15'
KitchenMain level8' x 22'
Dining roomMain level10' x 12'
Living roomMain level17' x 18'

Listing Information

MLS®
1040657
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

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

Description

Semi-waterfront property on 0.65 acres, zoned A1 and within the Agricultural Land Reserve. The 1,900 square foot home has two bedrooms, two bathrooms, a metal roof, and is wheelchair accessible. The established and fully fenced gardens include apple trees, a kiwi vine, red dogwoods, and lots of ornamental plantings. A dug well serves the property, and full RV hookups with power, water, and septic connections are in place. The wrap-around driveway has two road access points. An older deck on the waterfront side of the property could be repaired, and/or a path could be added down to the beach. Situated on a popular road for walking and cycling and close to the charming Fernwood community. (id:63159)

Values & Trends

This listing

$463/sqft

Building average

No other active listings in this building

Salt Spring average

$764/sqft

81 active listing(s)

Parking: 2 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
Fernwood ElementaryElementary1.6 km
Gulf Islands SecondarySecondary5.5 km
Phoenix PlaceSecondary5.6 km
Salt Spring ElementaryElementary5.7 km
Crofton Elementary Community SchoolElementary10.5 km
Galiano Community SchoolElementary13.6 km
Maple Bay ElementaryElementary14.8 km
Chemainus SecondaryK-1215.4 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: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$368.63
Total monthly cost$4,750.60
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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