Home Salt spring island, BC Salt Spring Island Lot 5 Cudmore Road

Lot 5 Cudmore Rd, Salt Spring Island BC - Land for Sale - MLS# R2745112

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Listing updated: Aug 31, 2024 at 01:52am

EstateBlock checked: Oct 4, 2026 at 04:45pm

0 sqft

0 $ Maint. fee

Closed

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This property sold for

$●●●,●●●

Listing updated: Aug 31, 2024 at 01:52am

EstateBlock checked: Oct 4, 2026 at 04:45pm

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Salt Spring Centre School: 1.93 km
Elementary, Secondary
Duncan Christian School: 15.42 km

Closest Transit

Bus Stop
Lower Ganges Rd at Hereford Ave (NB): 1.15 km
Skytrain
Skytrain @ Brighouse Stn: 44.89 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 — 44.89 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

599 DOM

Listed

Salt Spring Island avg

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Salt spring island avg

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Lot 5 Cudmore Road 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

Shopping (8 nearby)

The laundr-o-mat & salt spring island soap exchange · 907 m · Laundry
Outspokin · 942 m · Bicycle Shop
Gem & i jewellery · 953 m · Jeweller

Restaurants (6 nearby)

Ox eats grass · 872 m · Fast Food
Buzzy's luncheonette · 945 m · Restaurant
Saltspring wok bar · 961 m · Restaurant

Groceries (3 nearby)

Embe bakery · 859 m · Bakery
Harbour low cost food market · 903 m · Convenience
Barb's bakery & bistro · 991 m · Bakery

Cafes (3 nearby)

Beachside cafe · 914 m · Cafe
Heart & bone provisions · 957 m · Cafe
Barb's bakery & bistro · 991 m · Cafe

Mortgage Calculator for Lot 5 Cudmore Road

Home Price

Down Payment

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Interest Rate

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Principal & Interest

Property Taxes $259

Maintenance fee 0

Financing 80% of the $698,000 asking price over 30 years at 4% results in approximately $2,925/month in total estimated carrying costs, $259 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: Aug 31, 2024

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

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Break Even Down Payment 0%

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Cash on Cash

This listing generates an estimated $2,575/month in rental income, leaving a -$407/month cashflow at current carrying costs. Investors targeting break-even would need roughly 33% down.

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

Estateblock Rent Estimate for Lot 5 Cudmore Road, 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.