Home Salt Spring Island, BC Salt Spring Island 351 Elizabeth Drive

351 Elizabeth Dr, Salt Spring Island BC - Single Family Residence for Sale - MLS# R3140313

104 days on the market

$1,100,000

Est. Mortgage $4,866/mo

Listing updated: Jul 16, 2026 at 09:08am

EstateBlock checked: Oct 4, 2026 at 05:45pm

2 Beds

2 Baths

1539 sqft

715 $ /sqft

1990 built

104 days on the market

$1,100,000

Est. $4,866/mo with 20% down

Listing updated: Jul 16, 2026 at 09:08am

EstateBlock checked: Oct 4, 2026 at 05:45pm

Photos

Exterior Front Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Exterior Rear Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Living Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Family Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Dining Area Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Kitchen Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Kitchen Island Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Pantry Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Breakfast Nook Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Primary Bedroom Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Primary Bathroom Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Walk-In Closet Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Bedroom 2 Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Bedroom 3 Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Bedroom 4 Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Guest Bathroom Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Powder Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Office / Den Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Loft / Bonus Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Basement Recreation Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Laundry Room Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Mudroom Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Entry Foyer Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Hallway Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Staircase Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Garage Interior Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Outdoor Patio Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Outdoor Deck Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Backyard Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Front Yard Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Garden / Landscaping Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Swimming Pool Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Hot Tub / Spa Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Outdoor Kitchen Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Aerial View of 351 Elizabeth Drive, Salt Spring Island, BC

Street View Photo of 351 Elizabeth Drive, Salt Spring Island, BC

Neighborhood Park Photo Near 351 Elizabeth Drive, Salt Spring Island, BC

Community Amenities Photo (Clubhouse) of 351 Elizabeth Drive, Salt Spring Island, BC

Fitness Center Photo Near 351 Elizabeth Drive, Salt Spring Island, BC

Playground / Recreational Area Near 351 Elizabeth Drive, Salt Spring Island, BC

Perched in a sunny, elevated setting just minutes from Ganges, this designer-inspired home offers the perfect blend of style, comfort, and convenience. Filled with natural light, the beautifully maintained 2-bedroom, 2-bath residence features vaulted ceilings, expansive windows, and effortless one-level living. The indoors flow seamlessly to inviting outdoor spaces where you can relax and enjoy peaceful ocean glimpses against a backdrop of Mount Erskine. Set on a private 0.88-acre property, the home offers a rare sense of tranquility without sacrificing accessibility. The thoughtfully designed second bedroom includes its own private entrance, kitchenette, and full bathroom, making it ideal for guests, extended family, or potential Bed & Breakfast income.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space, Unfinished
Fireplace	1
Heating Type	Baseboard, Wood
# of Kitchens	1
Flooring	Hardwood, Other, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	MOUNTAIN AND OCEAN
Roof	Fibreglass
Structures	Residential Detached

Building Details

Price	$1,100,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1539
Year Built	1990
Age Of Building	36
Building Type	Single Family Residence
Property Type	Residential
Stories	1
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Septic Tank
Water (WaterSource)	Public
Parking Type	Open, Asphalt
Total Parking Spaces	6
Rental Suites	None

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3140313
Area	Islands-Van. & Gulf
Neighbourhood	Salt Spring Island
City	Salt Spring Island
Postal Code	V8K 1J5
Gross Taxes	$3,451
Zoning	R

Property Timeline

Status	Date	Price
R3140313 / Active	06-23-2026	$1,100,000

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	12' x 12' ft
Main Level	Living Room	14' x 14' ft
Main Level	Dining Room	12' x 12' ft
Main Level	Utility	12' x 12' ft
Main Level	Kitchen	14' x 14' ft
Main Level	Foyer	12' x 12' ft
Main Level	Primary Bedroom	15' x 15' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	Yes	#3

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
Mia Montessori Academy: 38.96 km
Elementary, Secondary
Southpointe Academy: Above Average 39.43 km 9.9/10

Closest Transit

Bus Stop
Elizabeth at Bradley (EB): 0.29 km
Skytrain
Skytrain @ Brighouse Stn: 44.38 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

No data

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 44.38 km from station

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

104 DOM

Listed

Salt Spring Island avg

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Salt Spring Island avg

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351 Elizabeth Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Transit (3 nearby)

Bus stop elizabeth at bradley (eb) · 285 m · Transit
Bus stop vesuvius bay at tripp (wb) · 490 m · Transit
Bus stop vesuvius bay at mobrae ave (wb) · 529 m · Transit

Walkability & Transit Near 351 Elizabeth Drive

Car-Dependent 4

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 28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 351 Elizabeth Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $288

Maintenance fee 0

Financing 80% of the $1,100,000 asking price over 30 years at 4% results in approximately $4,489/month in total estimated carrying costs, $288 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: Jul 16, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

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/month

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,292/month in rental income, leaving a -$1,337/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 351 Elizabeth Drive, Salt Spring Island

Buy Vs Rent Calculator

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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.