261 Mobrae Ave

261 Mobrae Ave · Salt Spring · House · 3 bed · 2 bath · $1,295,000 · MLS 1040230

Salt Spring, British Columbia
C$1,295,000
For sale
261 Mobrae Ave

261 Mobrae Ave is located in Salt Spring. Property snapshot: House, 3 bed, 2 bath, listed at $1,295,000, MLS 1040230. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list

List Price: $1,295,000
MLS: 1040230
Bedrooms: 3
Bathrooms: 2
Interior Size: 1,590 sqft
Days on Market: -
Days on Site: 1
Deal Score: 50/100
Price History: Latest recorded list price 1295000.00

Local Decision Guide

How should buyers evaluate 261 Mobrae Ave?

Start by reading this listing in its Salt Spring context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 261 Mobrae Ave?

This page shows a list price of $1,295,000 with MLS 1040230.

What type of home is this Salt Spring listing?

The page shows House, 3 bed, 2 bath at 261 Mobrae Ave. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1295000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

*** For more information, please click Brochure button. *** Feelings of peace and relaxation wash over you the moment you arrive at this beautifully maintained Salt Spring Island property. Lovingly improved and meticulously cared for, it offers the perfect balance of comfort, character, and opportunity to make it your own. Perched in one of the island’s most sought-after neighbourhoods, this .86-acre property enjoys spectacular sunset views over the Salish Sea and vistas of St. Mary Lake, distant fields, and coastal mountains. Surrounded by mature trees and abundant wildlife, the setting is both private and serene. The fully fenced backyard is designed for enjoyment and easy maintenance, featuring irrigated garden beds, a powered garden shed, woodshed, fire pit, brick patio, and a custom wood-fired cedar sauna built in 2025. The remaining grounds offer open lawn, wildflowers, mature timber, and a large level area ideal for a future shop, greenhouse, or studio. A unique bonus is the fully serviced and secluded guest retreat, home to “Daisy,” a beautifully restored vintage Travelux trailer with its own driveway—perfect for visitors, rental potential income, or creative space. Inside, soaring 14-foot vaulted ceilings, abundant natural light, exposed cedar beams, reclaimed wood accents, and thoughtful design create a warm modern farmhouse aesthetic. Extensive recent upgrades mean virtually every aspect of the home has been refreshed or improved. Additional features include a new oversized septic system (2020), engineered hardwood flooring, interior and exterior paint, upgraded electrical fixtures and receptacles, organic wool carpeting, new deck railings, workshop/tool room, insulated crawlspace, and numerous outdoor entertaining areas. Ideally located just 2 minutes from the Vesuvius ferry, 6 minutes from Ganges, and close to St. Mary Lake, sports fields, tennis courts, theatre, and shopping. A rare opportunity to enjoy island living at its finest. (id:56153)

Property Details

House
Building Type
3
Bedrooms
2
Bathrooms
1975
Year Built
51 years
Age
1
Days on Site
37,462 sf
Lot Area
1,590 sqft
Interior Size
C$814
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29893280 (1040230)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,295,000

Lot Area: 37,462 sf

PID: 001-704-222

Days on Site: 1 days

Added to BurnabyHouse: 2026-06-11

Updated on: 2026-06-11 08:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Country Grocer
About 3 km away
374 Lower Ganges Road
Thrifty Foods
About 4.2 km away
114 Purvis Lane, Ganges
Shopping Centres
Moaut's Seaside Shops
About 4.3 km away
Salt Spring Saturday Market
About 4.3 km away
Parks / Green Space
Portlock Park
About 1.1 km away
Duck Creek Park
About 1.6 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 11 Jun 2026 06:01:39 PM PDT

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