Property Type: Land / LotOwnership: Freehold

LOT 2 Old Scott Rd

Salt Spring, BC V8K2L6

$600,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
1.79 acres
Zoning
Rural residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,306.2

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Listing Information

MLS®
1027562
Listed
March 4, 2026
Time on market
On the market for 180 days
Data last synced
August 28, 2026

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

Description

Set in one of the most sought-after neighbourhoods on Salt Spring Island, this 1.79 -acre property offers a rare opportunity to own a piece of true island tranquility. Located along quiet, picturesque country lane. Surrounded by old-growth forest and established fine homes, this southwest-facing property offers excellent sun exposure along with forest and ocean view potential. Old Scott Road is a long-time favourite for its serene coastal setting, and opportunities to acquire a blank canvas in this coveted area are seldom available. Despite its quiet, world-away feel, the property is just an approximate five-minute drive to the heart of Ganges Village, offering the perfect balance of seclusion and convenience. An exceptional opportunity exists to expand your vision, as the adjacent lot is also available for sale by the same seller—ideal for creating a larger estate, multi-generational retreat, or investment holding. Bring your architect and envision a custom home in one of Salt Spring’s most desirable locations. Road access from Ganges Rd or Old Scott Rd. (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
Salt Spring ElementaryElementary2.9 km
Gulf Islands SecondarySecondary3.3 km
Phoenix PlaceSecondary3.4 km
Fernwood ElementaryElementary8.5 km
Galiano Community SchoolElementary10.2 km
Mayne Island SchoolElementary13.2 km
Crofton Elementary Community SchoolElementary13.4 km
Maple Bay ElementaryElementary14.2 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.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$480,000.00
Periodic payment — Principal & Interest (monthly)$3,096.80
Additional monthly expenses (strata, tax, utilities, etc.)$192.18
Total monthly cost$3,288.98
Interest paid over 5-yr term$137,569.38
Balance at end of term$431,761.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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