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Spacious Canal Woods End Unit
For Sale
$234,900

225 CANAL PARK Dr 15, Salisbury, MD 21804

Four-bedroom end unit with water views and many amenities.

Property Size3,096 SF
Lot Size0.03 Acres
Days on Market261

Property Features for 225 CANAL PARK Dr 15

General Information

Standard status Active
Size 3,096 SF
Lot size 0.03 Acres
Property subtype Residential

Taxes and HOA fees

Annual Taxes $4,255

Building Details

Building Size 3,096 SF
Year Built 1987
Listing Agency: Newport Bay Realty
Listed By: Gary Weber
Source: Elliman
Added: Dec 3, 2025 Changed: Aug 17 Last Checked: Aug 20 at 8:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newport Bay Realty

Investment Insights

Based on property information with market context.

This large end unit is located in the desirable Canal Woods IV community. The open floor plan includes 4 bedrooms and 3 full baths. The property offers a water view of Tony Tank pond. As an end unit, it features additional windows and a side/kitchen entrance. There are first and second floor decks, along with a fireplace in the living room. The location is close to Salisbury University and Tidal Health facilities. The setting is very private. HOA fees cover property insurance, flood insurance, water and sewer, trash, ground maintenance, roof and siding repair and replacement, and reserve funds. There are only 6 waterfront units in the community.

Key Highlights

  • Waterfront end unit with pond view in desirable Canal Woods IV.
  • HOA covers extensive services including property insurance and ground maintenance.
  • Open floor plan with 4 bedrooms and 3 full baths.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Garden Center Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 21804, MD

40,049
Population
16,736
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
89%
High-School Grad
68.6 sq mi
ZIP Area
584
Density / Sq Mi
$68,882
Median Household Income
$35,902
Median Earnings
$1,343
Median Rent
$230,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four-bedroom end unit with water views and many amenities.
Where is this multifamily property located?
The property is located at 225 CANAL PARK Dr 15 Salisbury, MD.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Waterfront end unit with pond view in desirable Canal Woods IV.; HOA covers extensive services including property insurance and ground maintenance.; Open floor plan with **4 bedrooms and 3 full baths**.
More about this property
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