118 Douglas Rd, Salt Spring Island, BC, MLS® R3029516

$1,480,000
Est. Mortgage /mo

7.4% price reduction

$1,480,000
$1,599,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
3 Baths
1 Stories
lot 28749 sqft
1982 sqft
1981 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

118 Douglas Rd, Salt Spring Island, BC | MLS® R3029516 Property Details

7.4% price reduction

Close to town yet private, this one-level home on 0.66 acres offers partial ocean views, great light, quiet neighbours, municipal water, and forested buffers. Since 2017, the home and land have been professionally upgraded using top materials and smart design. Features include a chefs kitchen, 2 bedrooms, 2 baths, a sunroom, hardwood and heated tile floors, and efficient heating (woodstove, gas, electric). Custom details-reclaimed wood walls, wired-in speakers, live-edge TV hider-add charm. A detached 2-story garage has a finished space with fireplace, heated floors, and a private patio with fire pit. All systems have been updated: plumbing, electrical, septic, doors, windows, and insulation. The yard is landscaped and low-maintenance.

General Info

Price $1,480,000
Total Bedrooms 2
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1982
Lot Size 28749.6
Lot Size Depth Feet
Lot Size Frontage 179
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1981
Age Of Building 44
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3029516
Area Islands-Van. & Gulf
Neighbourhood Salt Spring Island
City Salt Spring Island
Gross Taxes $2,500
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Gated
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Electric, Radiant

Utilities

Utility Type Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open, Concrete
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning R9
Rental Suites Unauthorized Suite
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Roof Asphalt

Property History

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Status Date Price
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Listed by: ComFree

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary
Salt Spring Centre School
1.85 km
Elementary, Secondary
Duncan Christian School
16.11 km

Closest Transit

Saltspring Island
Lower Ganges Rd at Hereford Ave (NB)
1.19 km
Skytrain
Skytrain @ Brighouse Stn
44.41 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 118 Douglas Road, a Hidden Gem in Salt Spring Island, BC

As we step into this charming community, you'll discover a tranquil atmosphere that's perfect for families and individuals seeking a peaceful lifestyle. This beautiful home, listed as MLS® R3029516, is nestled in the heart of Salt Spring Island, offering easy access to the island's natural beauty and amenities.

Education at Your Doorstep

Just down the road, you'll find Salt Spring Centre School, a highly rated Elementary school with no rating listed, located just 1.85 km from this home. This school is a great option for families, offering a nurturing environment that fosters academic excellence.

For Secondary education, Duncan Christian School is approximately 16.11 km away, also with no rating listed. This school offers a unique learning experience that emphasizes character development and spiritual growth.

A Safe and Secure Community

According to the latest crime statistics from Statistics Canada (2020), this neighbourhood has a Below Average crime rate, with 656 volation disturbances reported in the area. This translates to a crime rate of 5,790.45 incidents per 100,000 population, which is significantly lower than the national average.

In terms of drug-related crimes, the neighbourhood has a Low rate, with 44.13 incidents reported in 2020. This represents a -48.89% change from the previous year.

Property Crimes: A Low Risk

Property crimes in this area are also Low, with a rating of 2,180.25 incidents per 100,000 population. This represents a -27.86% change from the previous year, indicating a decreasing trend in property-related crimes.

Violent Crimes: A Concern, but Manageable

Unfortunately, there were 171 violent lawbreaking disorders reported in 2020. This translates to an Average rate of 1,509.40 incidents per 100,000 population. However, it's reassuring to note that this represents a -3.95% change from the previous year.

Getting Around

The nearest Bus station is Lower Ganges Rd at Hereford Ave (NB), just 1.19 km away from this home. This convenient location makes it easy to get around the island without relying on a car.

Demographics: A Diverse and Educated Community

This neighbourhood is home to a diverse population, with 33.6% of residents holding a university certificate or degree. This is a High percentage compared to other BC neighbourhoods. Conversely, 10.2% of the population has no certificate or degree, which is Low compared to the average in BC.

Income and Affordability

The median household income in this area is $59,077, which is Below Average compared to the BC average. Additionally, the median personal income is $29,978, also Below Average. However, 46.7% of households in this area have a mortgage, which is Low compared to other neighbourhoods.

Unemployment: Low and Stable

The unemployment rate in this area is 4.4%, which is Low compared to other BC neighbourhoods. This stable economic environment makes it an attractive option for families and individuals seeking a secure lifestyle.

Population Growth: Above Average

The population growth in this area between 2011 and 2016 was 3.2%, which is Above Average compared to the average growth rate of this region.

Transportation: A Mix of Options

The area around this property has a mix of transportation options, with 2.8% of the population using Public Transport, 80.4% using Cars, 3.2% using Bicycles, and 9.5% walking.

A Perfect Blend of Nature and Amenities

This home, listed as MLS® R3029516, offers a unique blend of natural beauty and amenities. With its prime location in Salt Spring Island, you'll be surrounded by parks, beaches, trails, and other outdoor recreational activities. The nearby town of Ganges offers a range of shopping, dining, and entertainment options, making this community an ideal choice for those seeking a relaxed yet active lifestyle.

Investment Opportunity

With an average dwelling value of $627,218, this neighbourhood offers a solid investment opportunity. The average owner payments are Below Average, with owners spending an average of $1,106 per month. Tenants are paying an average of $1,007 per month, which is Average compared to other cities.

Renters and Owner-Occupiers

24% of the population in this area are renters, which is Average compared to other BC cities and areas. The remaining 76% are owner-occupiers, making this a stable and secure community.

Language Diversity

This community is linguistically diverse, with 12.7% of the population speaking both English and French, 87.1% speaking only English,

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,480,000
Salt Spring Island No comparables
Salt Spring Island No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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