Property Type: Land / LotOwnership: Strata

SL 22 Bishops Walk Rd

Salt Spring, BC V8K2J7

$289,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
15,246 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$42/mo
Annual property tax
$1,852.79

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1047105
Listed
August 18, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

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

Description

Nestled in the hills overlooking Ganges, this fully serviced 0.35-acre building lot is ready to bring your vision to life. Located in a quiet enclave of quality homes, the property is easy to build and offers ocean view potential with selective tree trimming. Essential services of water, sewer, and hydro are available at the lot line, making your build that much simpler. From your doorstep, enjoy a scenic walking path to Ganges Village, where you’ll find the marina, float planes, theatre, galleries, restaurants, and charming local shops. This is a great opportunity to secure a peaceful setting with village convenience. A place to truly put down roots. No GST. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Salt Spring ElementaryElementary1.0 km
Phoenix PlaceSecondary1.1 km
Gulf Islands SecondarySecondary1.1 km
Fernwood ElementaryElementary7.3 km
Crofton Elementary Community SchoolElementary10.3 km
Maple Bay ElementaryElementary11.1 km
Galiano Community SchoolElementary13.3 km
Queen of Angels School(Independent)Elementary/Middle14.2 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.

Nearby Places

Cafes (1)

  • BEACHSiDE Cafe · 163 Fulford-Ganges Road779 m

Parks (5+)

  • Cudmore Height Park and Wilkie Way202 m
  • Unnamed212 m
  • Unnamed269 m
  • Unnamed273 m
  • Salt Spring Lions Commemorative Bike Park722 m

Nearby places data: © OpenStreetMap contributors.

School district: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,200.00
Periodic payment — Principal & Interest (monthly)$1,491.62
Additional monthly expenses (strata, tax, utilities, etc.)$196.40
Total monthly cost$1,688.02
Interest paid over 5-yr term$66,262.58
Balance at end of term$207,965.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,111.19

Cash Needed at Closing

Minimum down payment$14,450
Estimated BC PTT$3,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,730

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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