$1,200,000
109 Skywater View, Salt Spring Island BC – Land for Sale – MLS® R3158008
109 Skywater View, Salt Spring Island, British Columbia V8K 2W9
65 days on the market
$1,100,000
Est. Mortgage $4,866/mo
Listing updated:
EstateBlock checked:
0
sqft
8.3% price reduction
22.4% cheaper than comps
Photos
Property Details for 109 Skywater View
8.3% price reduction
22.4% cheaper than comps
Discover an exceptional opportunity to build your dream estate on this 6.22-acre bare land property, offering sweeping panoramic views across the Gulf Islands, Mount Baker and Swartz Bay. A drilled well is already in place, providing a valuable head start for future development. The flexible zoning allows for a primary residence, separate cottage and accessory buildings, creating endless possibilities for a private retreat, guest accommodation, studio or workshop. With generous acreage, spectacular outlooks and multiple building options, this is a rare opportunity to create a truly special West Coast property!
Exterior Features
| View Description | OCEAN & MOUNTAIN |
|---|---|
| Structures | Land Only |
Building Details
| Price | $1,100,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone Nearby, Cable Available |
| Water (WaterSource) | Well Drilled |
Lot & Land
| Lot Size | 6.22 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R3158008 |
| Area | Islands-Van. & Gulf |
| Neighbourhood | Salt Spring Island |
| City | Salt Spring Island |
| Postal Code | V8K 2W9 |
| Gross Taxes | $3,334 |
| Zoning | F1 |
Property Timeline
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.
Map & Neighbourhood
Private Schools
- Elementary, Secondary
- Southpointe Academy
- Above Average 44.38 km
- Elementary, Secondary
- Southpointe Academy
- Above Average 44.38 km
Closest Transit
- Bus Stop
- Fulford-Ganges Rd at Isabella Point Rd (SB)
- 3.68 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
Sell Speed & Competition
69 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,346,400
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SALT SPRING ISLAND compares
This property
65 DOM
Salt Spring Island avg
—
Salt Spring Island avg
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109 Skywater View has a sell-speed score of 69/100, placing it in the "Expected to sell within weeks" band. The listing is priced 22.4% below comparable active properties in Salt Spring Island, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Nearby Restaurants, Cafes & Shops
Walkability & Transit Near 109 Skywater View
Car-Dependent
0
Walk Score - Car-Dependent
Almost all errands require a car
Some Transit
0
Transit Score - Minimal Transit
It is possible to get on a bus
Somewhat
Bikeable 19
Bikeable 19
Bike Score - Somewhat Bikeable
Minimal bike infrastructure
Mortgage Calculator for 109 Skywater View
/month
Principal & Interest
Property Taxes
$278
Maintenance fee
0
Based on a 30-year fixed at 4% interest with 20% down ($220,000), the estimated monthly payment for this listing is $4,479/month — $4,201 principal & interest, $278 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,292/month, this property runs a $1,327/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.
Estateblock Rent Estimate for 109 Skywater View, Salt Spring Island
Buy Vs Rent Calculator
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/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
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Principal paid off by year 5
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Principal paid off by year 10
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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.
Price vs Neighbourhood Average — Salt Spring Island, Salt Spring Island
This Home
$1,100,000
Salt Spring Island
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Salt Spring Island
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Based on 5 comparable active properties in Salt Spring Island, the average asking price is $1,417,889. This listing is priced 22.4% below the neighbourhood average. This property is flagged as a Hot Deal (8.3% price reduction, 22.4% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
