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166 Lakefair Dr
GI Salt Spring Salt Spring V8K 1K6

$474,900
Residential beds: 2 baths: 3.0 2,277 sq. ft. built: 1974

Main Photo: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 1: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 2: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 3: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 4: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 5: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 6: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 7: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 8: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 9: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 10: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 11: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 12: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 13: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 14: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 15: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 16: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 17: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 18: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 19: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 20: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 21: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 22: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 23: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 24: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 25: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 26: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 27: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 28: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 29: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 30: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 31: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 32: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 33: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 34: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Photo 35: 166 Lakefair Dr in Salt Spring: GI Salt Spring Single Family Residence for sale (Gulf Islands)  : MLS®# 961105
Status:
Active
Prop. Type:
Residential
MLS® Num:
961105
Bedrooms:
2
Bathrooms:
3
Year Built:
1974
Discover the potential in this 10-acre homestead offering a 1/2 UNDIVIDED INTEREST on the entire parcel. The property includes: 2200+ square-foot main residence (where the other owner currently resides). A 1700+ sq ft Quonset building (plumbed, incl electricity) with attached 4-stall barn, riding ring and separate 3-bay carport. There is 2 acre meadow, currently producing hay for animals or could be a potential income source. There is a monthly revenue stream of $1000 from 2 trailers, with tenants who would love to stay. Trailers not included in the sale. Inquire for more information.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1974 (Age: 50)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,277 sq. ft.
Listing General Location:
GI Salt Spring, Gulf Islands
Bedrooms:
2
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
10 acre(s)
Kitchens:
1
Taxes:
Construction:
Frame Wood
New Construction:
No
Basement:
None
Foundation:
Slab
Roof:
Asphalt Shingle, Metal
Other Structures:
Barn(s), Workshop
Ceiling Heights:
Total Building Area:
4,554 sq. ft.
Total Unfinished Area:
2,277 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
1
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# 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:
1,812 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
465 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Well: Shallow
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
Balcony/Deck, Fencing: Partial
Lake
Lake Front
Main Level
0
Cats OK, Dogs OK
domestic animals, farm/livestock
Yes
No
Some Rentals
see bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
0
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Zoning:
RW1
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
1
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Exposure / Faces:
Southeast
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Acreage, Pasture, Private, Quiet Area, Rural Setting, Southern Exposure, Wooded
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Carport, Driveway, RV Access/Parking
Total Parking Spaces:
10
Total Units:
Date Listed:
Apr 22, 2024
Original Price:
474900.0
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Listed by Oakwyn Realty Ltd. (NA)
Data was last updated June 19, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$1,150,000
Min list price:
$115,000
Max list price:
$8,650,000
Avg days on market:
63
Min days on market:
2
Max days on market:
529
Avg price per sq.ft.:
$622.07
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.

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