LOT 01 CUDMORE ROAD

Salt Spring Island, Salt Spring · MLS® R3084386

16 sq ft lot

Land · Vacant Land · 253 days on market

Listed by Ian Brown, Newport Realty Ltd.

Realtor's description

Set on over 15 acres, this exceptional property offers views over the lake, ocean, the Gulf Islands and mountains beyond. Located just minutes from the vibrant village of Ganges. Elevated and private, the land captures ever changing vistas and a sense of tranquility that defines the best of Salt Spring life! Surrounded by nature yet conveniently close to shops, restaurants, marinas, and ferry terminals.

Property details

Type: Land, Vacant Land
Lot: 16 sq ft
Parking: 0
Property tax: $2,064 / yr
Days on market: 253
MLS®: R3084386

Property insights

On market 253 days

The market here

Listed now: 159 days; median for 40 homes for sale; this one 253 days

Homes in Salt Spring. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$3,649/mo

Mortgage $3,477 · Tax $172

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,477/ monthly

loan $638,400

25-year amortization

down payment20% · $159,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $404,643
property transfer tax: $13,960; BC general rate
cash to close: $173,560; down + PTT
total paid: $1,043,043

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.