206 Narrows West Rd, Salt Spring Island, BC

$1,980,000
Est. Mortgage /mo

MLS# R2941020

0 sqft
$1,980,000
Est. /mo with 20% down
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

Property Details & Specs

Discover a rare gem in this extraordinary 167-acre oceanfront estate! With an impressive approximately 1/3 mile of ocean frontage along Sansum Narrows, this property offers unparalleled views and seclusion. Approximately 153 acres are preserved as a nature sanctuary, ensuring absolute privacy. Enjoy the mild microclimate of Salt Spring, where Manzanitas thrive. This is your chance to own a piece of paradise with the flexibility to build a main residence, seasonal cottage, and additional structures.

General Info

Price $1,980,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 167
Lot Size Depth Metres
Lot Size Frontage 1980
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R2941020
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Salt Spring Island
City Salt Spring Island
Postal Code V8K 0A3
Price per Sqft -
Gross Taxes $822
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) None

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning RU1(E)
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Ocean
Units In Development -

Property Timeline

Status Date Price
R2941020 / Active 10-31-2024 $1,980,000
R2867487 / Sold 09-12-2024 $1,995,000
R2745096 / Sold 03-29-2024 $1,995,000
Listed by: NEWPORT REALTY (VREB) & Sea to Sky Premier Properties

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 & Transit Info

Private Schools

Elementary
Salt Spring Centre School
5.63 km
Elementary, Secondary
Duncan Christian School
12.06 km

Closest Transit

Bus Stop
Elizabeth at Bradley (EB)
2.84 km
Skytrain
Skytrain @ Brighouse Stn
47.16 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Average
Property Crime Rate
Low

Demographics

Post-Secondary Education
Above Average
33.6%
No Certificate/Degree
Below Average
10.2%
Owner Occupied
Below Average
46.7%
Employment Rate
Below Average
41.8%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $69
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($396,000), the estimated monthly payment for this listing is $7,631/month — $7,562 principal & interest, $69 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $5,405/month, this property runs a $2,432/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,980,000
Salt Spring Island Loading...
Salt Spring Island Loading...
Based on 5 comparable active Lands in Salt Spring Island, the average asking price is $1,708,000. This listing is priced 15.9% above the neighbourhood average.
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

Property FAQs

What are the closest top-rated schools to 206 Narrows West Road, Salt Spring Island, BC?
The closest top-rated schools are Duncan Christian School and Salt Spring Centre School.
Is 206 Narrows West Road, Salt Spring Island, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 206 Narrows West Road, Salt Spring Island, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,880.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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