Duncan Foreclosure Homes & Real Estate for Sale Listings

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107 Atkins Rd

Salt Spring V8K 2X6

$3,000,000

Other

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• Details
• Photos
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Status:

Active

Prop. Type:

Other

MLS® Num:

1022666

Build. Type:

Other

• Photos (13)

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Court order Sale. Development opportunity to complete a 12 unit strata complex featuring 8 DETACHED TOWNHOMES and 4 HALF-DUPLEX on a 81,000 sqft lot. Located minutes from Lower Ganges, and the Sea Plane Terminal, and situated adjacent to a strip-mall with grocery store, pharmacy, liquor store and amenities. Summerside Village amenities include a clubhouse with indoor pool, fitness center, kitchen, and guest suites. (id:2493)

General Info:

Property Type:

Other

Zoning:

Unknown

Taxes:

$8,869.39 / -

Amenities:

Community:

Salt Spring

Building:

Structure Type:

Other

Fireplace:

No

Land:

Lot Size:

1.86 acre(s)0.75 hectare(s)

Lot Details:

1.86

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Listed by eXp Realty and Angell, Hasman & Associates Realty Ltd.

Data was last updated January 20, 2026 at 04:45 PM (UTC)

• Sam Huang
• RE/MAX Select Properties
• 1 (778) 991-0649
• Contact by Email

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About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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