Property Type: Land / LotOwnership: Freehold

Lot 14 Sandpiper Rd

Salt Spring, BC V8K2W5

$449,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.52 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,429

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1036640
Listed
May 12, 2026
Time on market
On the market for 111 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Salt Spring · Data source: CREA DDF.

Description

Rare these days Magnificent Ocean View Lot. This ready to build on property with views down Sansum Narrows to the mountains beyond, watch the Vesuvius ferry make it's crossings to Vancouver Island, plus west views to just below Ladysmith and the hills behind as well as fantastic sunsets year round. Extensive professionally built new driveway with a crushed gravel finish and easy grade to the building site and parking area. Hydro connection, water and sewer connections ready to go. Build your dream home and enjoy the warm south west exposure. There are miles of hiking trails minutes from your door. (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.

Nearby Schools

SchoolTypeDistance
Fernwood ElementaryElementary2.3 km
Phoenix PlaceSecondary5.5 km
Gulf Islands SecondarySecondary5.5 km
Salt Spring ElementaryElementary5.8 km
Crofton Elementary Community SchoolElementary7.2 km
Maple Bay ElementaryElementary11.9 km
Chemainus SecondaryK-1212.8 km
Chemainus Elementary Community SchoolElementary13.4 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: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$119.08
Total monthly cost$2,436.52
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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