Property Type: Land / LotOwnership: Freehold

Lot 3 Beddis Rd

Salt Spring, BC V8K2E5

$1,225,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
11.8 acres
Zoning
Rural residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$94.43

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1037486
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

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

Description

A truly rare offering in an exceptional location! Remarkable 11.8-acre heritage estate presents a once-in-a-lifetime opportunity to create your ideal vision. Perfectly situated on sought-after Beddis Road, just minutes from town and the white shell sandy shores of Beddis Beach. This sun-soaked property enjoys all-day, year-round sunshine. With a private and peaceful setting, the land is a beautiful blend of lush green pastures, a large year-round pond, natural West Coast landscape, and established orchard trees. Rich in history and character, the property features a charming 1901 log barn with an addition, along with a rustic packing house, offering endless inspiration for restoration or creative use. Zoning allows for both a main residence and a cottage, making this an ideal canvas for a farm-to-table lifestyle, equestrian estate, or tranquil retreat. Whether you envision a working farm, a legacy property, or a serene sanctuary, the possibilities here are amazing! (id:63159)

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
Salt Spring ElementaryElementary4.5 km
Gulf Islands SecondarySecondary4.8 km
Phoenix PlaceSecondary4.9 km
Fernwood ElementaryElementary10.9 km
Galiano Community SchoolElementary11.5 km
Mayne Island SchoolElementary13.3 km
Maple Bay ElementaryElementary13.4 km
Crofton Elementary Community SchoolElementary14.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($97,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$980,000.00
Periodic payment — Principal & Interest (monthly)$6,322.63
Additional monthly expenses (strata, tax, utilities, etc.)$7.87
Total monthly cost$6,330.50
Interest paid over 5-yr term$280,870.82
Balance at end of term$881,513.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$97,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,670.08

Cash Needed at Closing

Minimum down payment$97,500
Estimated BC PTT$22,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$121,500

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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