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Salt Spring Island Real Estate

MLS homes for sale by Scott Simmons

Channel Ridge properties

Channel Ridge is a phased development of an original 1433 acre farm property.   The last phase was in foreclosure with outstanding debts of 46.8 million HSBC Bank Canada v.  The 830 acre parcel as of Oct 24, 2014 has sold for $6.6 mil.

The map below shows where the new residential development blocks are slated to go on the property.  Here are pages 87 and 88 out of the local land use bylaw 355 that deal with Channel Ridge residential blocks; pages 87 and 88 zone c (channel ridge)  Here is the original Channel Ridge Comprehensive Development area zoning bylaw 123 amendment by law 125 from 1986; Channel Ridge Comp Dev Area 1986

Channel Ridge Subdivision Blocks Schedule C

 

Channel ridge has had lots of press over the years here are some of the article Salt Spring project casting long shadow – Business Edge News Magazine Archives (2). Million-dollar views coming to Salt Spring « Les Twarog Vancouver Real Estate and Condo Blog  and  Creating a Sense of Place

Channel Ridge land
Channel Ridge land

Photo of the Channel Ridge trail system. Download a trail map here channel-ridge-trail-map

trail map photo

Zoning map of some of the finished phases of Channel Ridge

phase 11

 

In Channel Ridge there is an active rate payers group and they have strong building schemes in place and attached to each plan.  Here is a copy of one of them; Channel Ridge EH107853 Building Scheme.  Here is a copy of the building scheme for one of the first phases Building Scheme R 58476 lots 1-8 plan 43713

Overall Channel Ridge is the biggest elephant in the room for Salt Spring Island.  What transpires over the next few years will make a difference to the island.  This is the largest development on Salt Spring Island.

Here is a blog post I wrote about swapping the densities into Ganges from Chanel Ridge; If Ganges could Grow Up.


 

The following was sent to me at the end of November 2014;

 

The Channel Ridge Owners Association sub-committee have prepared the following statement:
It is important that the public, and in particular realtors like yourself, remain updated and informed with respect to the Channel Ridge Environmental Systems Ltd. (“CRESL”) sewer system, services and operation:
CRESL and CRPL – with the approved sale of the Channel Ridge Properties Ltd. (“CRPL”) development lands to Viewpoint Ventures the CRESL wastewater system and service has become decoupled from the development site ownership;
Current Operations – of importance to existing Channel Ridge homeowners is that the regulator, Ministry of Environment, (MoE) is accepting of the “status quo” operation of the CRESL wastewater system, has not prevented the current operation, has not identified any environmental concern with respect to the current operation, and therefore continued operation and delivery of services is expected. However, the MoE is unlikely to put this acceptance into writing;
Permit – the operating Permit was approved in 1993 with the necessity for capacity expansion as additional Channel Ridge homes were built and connected. Expansion to date has not kept abreast of the new homes that have been added. The regulator (not unreasonably) wants adequate capacity installed when additional homes are connected (in other words the MoE no longer accepts a continuation of the past behaviour of adding new homes without adding capacity). The regulator also has a need to be technically re-assured about what has been installed to date by CRESL;
Amendment to Permit – representatives of the MoE have indicated a willingness to ultimately amend and/or re-word the existing Permit to reflect existing capacity, provided that professional advice supports the proposal. Subject to being reassured as to the present and future compliance/performance of the CRESL system, this may result in the total effluent capacity at the site currently being 60% lower than was originally thought (from the original maximum of 340 m3/d down to 137 m3/d). This means that effluent from a total of 100 homes could potentially be accommodated under the (revised) permit, if the professional advice and assessment supports it, if the system is upgraded to incorporate secondary treatment and additional raised beds, if the system is maintained in accordance with that professional advice and assessment, and if the MoE accepts the foregoing;
CRESL Status – it is expected that the technical re-assurance regarding the current installation will be an essential part of any regulator-approved change of permit holder. Until there is a new owner and new permit holder, the CRESL facility continues to be operated by a contract operator (as has been the case since 2003) and the receiver handles all administrative matters relative to the operation of CRESL;
CR Development & CRESL Expansion – the original Permit always required facility expansion as homes were added to the system. Expansion to date has not kept abreast of the addition of new homes. The expansion requirement remains in effect, but the total capacity is now less than the original Permit. The Permit is expected to be re-written to reflect this. Procrastination in installing the necessary expansion will no longer be tolerated. The CRD’s cessation of building approvals for the vacant CR lots is the mechanism being used to ensure that prior procrastination no longer continues. For existing homes the status quo as highlighted above remains, as it has done for the past decade or so.”
The foregoing is provided on the basis that no representations, warranties, promises, comfort or other assurances are being provided by the writer, the association of Channel Ridge Homeowners, or the subcommittee of Homeowners corresponding with the MoE and the receiver for CRESL, that all owners, purchasers, realtors, stakeholders and other interested parties must and shall do their own due diligence with respect to all or any of the foregoing, and that all such parties shall rely solely upon their own due diligence investigations and assessments of risk.
November 2014
Murray Nurse, President Channel Ridge Owners Association

 

 

Cheers

Scott Simmons

Please note REALTORS® may only advertise a property if such Advertising has not been restricted at the request of the Seller and is in accordance with provincial and federal regulations. This page is not an advertisement of current listed properties it’s an information page about a Salt Spring development.   All information on this page is deemed public information.

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CRITICAL BUYING INFO

Two things buyers should know before they offer:

Price History

Total time on market

Forms for the new BC Real Estate rules
Disclosure-of-Representation-in-Trading-Services
Agreement-Regarding-Conflict-of-Interest-Between-Clients
Disclosure-of-Risks-to-Unrepresented-Parties
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Salt Spring Real Estate Market Report

If you are looking for Salt Spring Island Real Estate it would be well worth your time to check out my Salt Spring Market Report pages.

To help you search for a Salt Spring home for sale I have two systems you can use.  One is a map based mobile search system for tablets and/or phones. This system works really well if you are on Salt Spring, as it will automatically show you properties as you drive around the island.

The other system is a data base (Advanced MLS system or PCS) for laptops or desktops.

These two systems display information in real time, which allows you to view new listings within one second of them coming on the market. You will also find the “sold” prices of homes, as well as other useful information.

Radio Real Estate Shows

TV show Realty Reality on Salt Spring

So glad shooting for the new Real Estate TV show “Realty Reality” is over. It was a lot of work. It all looks so easy on TV but in reality it was not easy. I think they were waiting for the “moment” to happen. You know the big fall down the steps or fall of […]

Home inspection on Salt Spring Island

Home inspection on Salt Spring Island happened yesterday at a 42 year old log home. To accomplish the home inspections the buyer brought in a  Home Inspector, Geo-technical Engineer and a local Salt Spring contractor. Jeff the home inspector tells the story about the bag of Gold he found in an attic; gold story How […]

Salt Spring home face lift

My clients bought this dated salt spring home a month ago and are upgrading it.  The home was built in 1996 and is structurally 100% perfect.  It seams as if the original owner skimped on the finishing.   The main up grade Alex Denny (salt spring master carpenter) will be doing for the owners is re-finishing […]

Latest post

Packing Tips for Busy Home Sellers

Packing correctly can simplify the burden of the entire process for a household and potentially their moving company. By packing smart, using proper protocols, and paying attention to the details, things can be ready to go far before the movers arrive and ready to unload upon arrival. Here are some tips for busy home sellers […]

Salt Spring rental homes by the numbers

I get many people asking me about buying a rental home on Salt Spring and usually spend a lot of time answering all their questions.  So in this post, I hope to cover some of the factual information. Here are the typical questions and basic answers; What is the rental market like on Salt Spring?  […]

Salt Spring Housing Crisis explained

Is Salt Spring in the middle of a housing crisis?  It all depends on who you talk to and what one defines as a crisis. If you move to Salt Spring and have limited funds and are looking to rent a home at about $1000 per month your probably out of luck.  There are basically […]

Buying on Salt Spring Island

Salt Spring rental homes by the numbers

July 18, 2018 By Scott Simmons 2 Comments

I get many people asking me about buying a rental home on Salt Spring and usually spend a lot of time answering all their questions.  So in this post, I hope to cover some of the factual information. Here are the typical questions and basic answers; What is the rental market like on Salt Spring?  […]

Ban on Dual Agency BC

June 16, 2018 By Scott Simmons 2 Comments

On June 15th, 2018 the ban on dual agency just came into effect in BC. Here is a post I wrote about how the new rules will change the way I do business on Salt Spring New Rules for BC Real Estate As a continuation of the New Rules post, what happens if we are […]

New Rules for BC Real Estate

June 16, 2018 By Scott Simmons Leave a Comment

On the 15th of June 2018, the new rules governing BC real estate have come into effect. If you come to Salt Spring to look at homes and or land Scott will go over the form below and ask you if you would like agency representation and ask you to sign this Disclosure-of-Representation-in-Trading-Services as a represented part […]

Salt Spring Island Trust Land Use Zoning bylaw 355

February 17, 2018 By Scott Simmons Leave a Comment

On Salt Spring Island the Island Trust is responsible for our local zoning.  You can find our zoning info here at the Salt Spring Island Trust LUB 355. The bylaw has maps that cover every part of the island.  Believe it or not every few months or so I get an email from someone saying […]

Is an offer an sale?

January 26, 2018 By Scott Simmons Leave a Comment

This last month I had an accepted offer on a home and had a backup offer come in.  The backup offer was a very weak offer because the condition precedent (subject to clause) was so subjective.  It was subject to the buyer viewing and liking the lot.  Normally no one would take an offer like […]

More Posts from this Category

 

SALT SPRING NEWS

Salt Spring Housing Crisis explained

July 12, 2018 By Scott Simmons 2 Comments

Is Salt Spring in the middle of a housing crisis?  It all depends on who you talk to and what one defines as a crisis. If you move to Salt Spring and have limited funds and are looking to rent a home at about $1000 per month your probably out of luck.  There are basically […]

Candidate for Regional Director CREA

March 7, 2017 By Scott Simmons Leave a Comment

I’m running for the position of board member Regional Director for BC for the Canadian Real Estate Association (CREA).  Below is my official platform after edits suggested by CREA lawyers. My name is Scott Simmons. I’m a REALTOR® on Salt Spring Island BC. If you go to the REALTOR.ca site and put in Salt Spring […]

CRD sewer and solid waste

January 23, 2017 By Scott Simmons Leave a Comment

The nuts and bolts of local goverment are really the non glamours basics of water, sewer and garbage (solid waste).   The CRD is the local service provider for Salt Spring.  On the night of 24 Nov 2016 Russ Smith Senior Manager, Environmental Resource Management for the CRD put on a waste presentation.  Here is a […]

Incorporation – A Third Option: Self-governance with contracted services

May 11, 2016 By Scott Simmons Leave a Comment

This was just posted on the Salt Spring exchange in 4 parts.  I have permission from John Gauld the author to publish this document on my Salt Spring web site;   SSI is known as a community that questions conventional practices and is creative and innovative in its response to community challenges. Perhaps the up-coming […]

Salt Spring’s new SSIWPA PAC

November 4, 2014 By Scott Simmons 2 Comments

If you live on Salt Spring you have to get used to all the acronyms.  If you have not heard of SSIWPA it’s because it’s new.   SSIWPA stands for Salt Spring Island WaterShed Protection Authority.  Today  was the first meeting of the SSIWPA PAC (Public Advisory Committee). The ideal behind SSIWPA is that it […]

 

Critical Salt Spring Buying Info

Ban on Dual Agency BC

June 16, 2018 By Scott Simmons 2 Comments

On June 15th, 2018 the ban on dual agency just came into effect in BC. Here is a post I wrote about how the new rules will change the way I do business on Salt Spring New Rules for BC Real Estate As a continuation of the New Rules post, what happens if we are […]

New Rules for BC Real Estate

June 16, 2018 By Scott Simmons Leave a Comment

On the 15th of June 2018, the new rules governing BC real estate have come into effect. If you come to Salt Spring to look at homes and or land Scott will go over the form below and ask you if you would like agency representation and ask you to sign this Disclosure-of-Representation-in-Trading-Services as a represented part […]

Sun Path Chart

Does the home get sunlight?

February 28, 2013 By Scott Simmons 1 Comment

If you’re planning to live on Salt Spring year-round, one of the most important things to consider when buying a property is SUNLIGHT. Do the neighbor’s trees or a mountain block the sun during the winter months?  According to Salt Spring real estate mythology, “If they buy in August, they will list in November and […]

Aggregate Days on the Market

January 2, 2012 By Scott Simmons Leave a Comment

What are “aggregate days on the market”? On the Victoria Real Estate board an agent can “Re-List” a property for a mere $25 fee.  An example would be if a home has been listed on the board for 180 days the listing can be taken off the market and then “Re-Listed” and appear to be […]

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