7.5 acres on the ocean for sale in Salt Spring Island, BC
$4,980,000 · Salt Spring Island, Capital Regional District, British Columbia · 8 km from North Saanich (nearest town of 10,000+)
Advertised on Kijiji as “250 Holmes Rd Salt Spring, British Columbia”
- AcreScout's value model estimates a price per acre for this lot from the listings of similar size nearest to it and rates it above market: more than a third above that estimate.
- Whether non-residents or non-Canadians pay more or need approval: who can buy in British Columbia.
- In AcreScout, the ad is read for problems it mentions (no road access, boat-only access, wetland, flooding, zoning limits, leasehold or shared ownership), with the sentence behind each note.
- Listed October 3, 2026.
- Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).
- Across Canada, lots of 3–7.5 acres are typically listed at $179,000 ($39,978/ac). Prices for every lot size
- Estimate the land transfer tax at this price.
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Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Access Pro Bono legal referral service - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of BC Land Surveyors members - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Registered well drillers (GWELLS) - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
ASTTBC registered onsite wastewater practitioners - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
BCFSA mortgage broker search · Insurance Council of BC licensee directory
Check whether the lot is in the Agricultural Land Reserve (ALR): the Agricultural Land Commission limits subdividing, extra homes and non-farm uses there.
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Similar-sized land in Capital Regional District
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 6.9 acres Sooke |
$679,000 | 6.9 | $98,836/ac | near market | |
| 8.5 acres on the ocean Galiano Island |
$850,000 | 8.5 | $100,000/ac | Oceanfront | near market |
| 6.3 acres Sooke |
$729,000 | 6.3 | $116,640/ac | near market | |
| 8 acres Salt Spring Island |
$1,150,000 | 8 | $143,750/ac | near market | |
| 7.1 acres Mayne Island |
$1,348,000 | 7.1 | $190,935/ac | near market | |
| 7.2 acres Sooke |
$1,549,900 | 7.2 | $215,563/ac | above market | |
| 7.5 acres Sooke |
$1,749,900 | 7.5 | $233,632/ac | above market | |
| 8.9 acres on the ocean Saturna Island |
$3,395,000 | 8.9 | $381,461/ac | Oceanfront | above market |
Each listing's value check compares it with the listings of similar size nearest to it, so one lot can rate above market at a lower price per acre than another elsewhere in the region.
31 listings near Ganges · All 229 listings in Capital Regional District · British Columbia