142.48% cheaper than comparables

LOT 01 Cudmore Rd, Salt Spring Island, BC

$798,000
Est. Mortgage /mo

MLS® R3084386

0 sqft
0 $ Maint. fee
$798,000
Est. /mo with 20% down
Tax $2,064/2025
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

142.48% cheaper than comparables

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.

General Info

Price $798,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 15.52
Lot Size Depth Feet
Lot Size Frontage 282.1522
Basement Features -

Property Metrics

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

Additional Details

MLS® # R3084386
Building Name -
Area Islands-Van. & Gulf
Neighbourhood Salt Spring Island
City Salt Spring Island
Postal Code V8K 2Y1
Price per Sqft -
Gross Taxes $2,064
Ownership Type Freehold Strata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Well Drilled

Parking

Total Parking Spaces -
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
1.79 km
Elementary, Secondary
Duncan Christian School
15.47 km

Closest Transit

Bus Stop
Lower Ganges Rd at Hereford Ave (NB)
1.24 km
Skytrain
Skytrain @ Brighouse Stn
44.90 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 $172
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $3,220/month in total housing costs on this $798,000 property — $3,048 mortgage payment, $172 property tax.
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%
Based on $3,016/month estimated rent and $3,270/month in total housing costs, this property has a -$254/month cashflow. Break-even down payment: approximately 27%.
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 $798,000
Salt Spring Island Loading...
Salt Spring Island Loading...
Among 5 similar active listings in Salt Spring Island, the average price is $1,708,000. At $798,000, this listing is priced 53.3% below the local average and 53.3% below the city-wide benchmark. This property is flagged as a Hot Deal (142.48% cheaper than comparables) based on its competitive pricing and market demand.
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 LOT 01 Cudmore Road, Salt Spring Island, BC?

Is LOT 01 Cudmore Road, Salt Spring Island, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for LOT 01 Cudmore Road, Salt Spring Island, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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