124 Margaret Ave
Salt Spring
V8K 1H4
$2,295,000
Residential
beds: 3
baths: 2.0
2,414 sq. ft.
built: 1995
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1014797
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1995
- Photos (65)
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Architect-designed Hank Schubart waterfront retreat — sun-drenched, thoughtfully composed spaces with panoramic southwest views of Sansum Narrows and Vancouver Island. Move-in ready 3 bed, 2 bath plus serene studio (perfect for yoga, meditation or guests) with over 2,400 sq ft of finished living and an open, luminous main living area that flows to the water. Extensive upgrades include grid-tied solar with battery storage, metal roof, upgraded systems, and impeccably designed manicured landscaping with rainwater collection. A half-acre is deer-fenced containing a productive food garden that brims with annuals, perennials, shrubs and trees. Quiet, private yet easy access to ferries and area trails — a sustainable, restorative coastal haven where light, landscape and design harmonize.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1995 (Age: 30)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,414 sq. ft.
- Auxiliary Building Living Area:
- 157 sq. ft.
- Main Building Living Area:
- 2,255 sq. ft.
- Listing General Location:
- GI Salt Spring, Gulf Islands
- Bedrooms:
- 3
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 1.09 acre(s)
- Kitchens:
- 1
- Home Style:
- West Coast
- Taxes:
- Signup
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Basement:
- None
- Foundation:
- Slab
- Roof:
- Metal
- Levels:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Tile, Wood
- Total Building Area:
- 2,937 sq. ft.
- Total Unfinished Area:
- 523 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,132 sq. ft.
- Living Area Other Floor:
- 157 sq. ft.
- Living Area 2nd Floor:
- 1,125 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Living Room, Wood Burning
- Laundry Features:
- In House
- Water supply:
- Regional/Improvement District
- Sewer:
- Septic System
- Cooling:
- HVAC
- Heating:
- Baseboard, Electric, Heat Pump, Radiant Floor, Wood
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Built-In Range, Dishwasher, Dryer, Oven Built-In, Refrigerator, Washer
- Ceiling Fan(s), Dining Room, French Doors, Soaker Tub, Vaulted Ceiling(s)
- Blinds, Window Coverings
- Balcony/Patio, Sprinkler System
- Ocean
- Ocean Front
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- Gulf Islands Rural (764)
- Legal Description:
- Signup
- Zoning:
- R8
- Accessibility:
- Ground Level Main Floor
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 1
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Updated/Remodeled
- Exposure / Faces:
- Southwest
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Cul-De-Sac, Private, Rectangular Lot, Sloped
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Attached, Garage, Open, RV Access/Parking
- Total Parking Spaces:
- 1
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Sep 25, 2025
- Original Price:
- 2295000.0
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Upper Floor Hall
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Upper 5 pc Bath
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Upper 5 pc Bath
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Upper Primary Bedroom
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Upper Primary Bedroom
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Upper Primary Bedroom
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Upper Primary Bedroom Closet
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Studio
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Studio
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Studio
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Studio
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Virtual Tour
Listed by Royal LePage Duncan Realty Salt Spring Island
Data was last updated September 27, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 156
- Avg list price:
- $1,232,500
- Min list price:
- $127,000
- Max list price:
- $11,975,000
- Avg days on market:
- 120
- Min days on market:
- 2
- Max days on market:
- 773
- Avg price per sq.ft.:
- $570.5
These statistics are generated based on the current listing's property type
and located in
GI Salt Spring. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- The Preferred Homes Team
- RE/MAX Camosun
- 250.220.5061
- info@preferredhomes.ca
RE/MAX Camosun
1-4440 Chatterton Way, Victoria, BC V8X 5J2
