Link copied to clipboard
Featured exterior photo of A-G-118 Rainbow Rd, Salt Spring, BC
Scott Parker Personal Real Estate Corporation logo Scott Parker · Personal Real Estate Corporation
MLS® 1050608
Just Listed

A-G-118 Rainbow Rd

Salt Spring, BC · V8K 2R7
$6,000,000
0.00 ac 1 Day on Market
About this home

Salt Spring Living, Reimagined.

Offering a 6.8% cap rate, Mariner’s Loft is a turnkey seven-suite hospitality investment property overlooking Ganges Harbour. Built in 2011, the approximately 8,473 sq. ft. building occupies an elevated 0.41-acre site in the heart of Ganges, steps from shops, restaurants, galleries, marinas and floatplane service. The seven individually stratified units include six two-bedroom, two-bathroom suites and a three-bedroom, two-bathroom penthouse. Each offers a full kitchen, open living area, in-suite laundry, private entrance and deck or patio. Features include gated access, on-site parking, fireplaces, furnishings and recently installed heat-pump systems. With CA-1(d) Commercial Accommodation zoning, staff in place, a strong online presence, a 4.8-star Google rating and seven separate strata titles, the growing hospitality operation offers current income, operational upside and long-term flexibility in one of BC’s most desirable island destinations.
Offering a 6.8% cap rate, Mariner’s Loft is a turnkey seven-suite hospitality investment property overlooking Ganges Harbour.
The Details

Property Highlights

Lot Size 0.00 acres
Building Type Multi-Family
Cooling Air Conditioned
Parking 8
View Ocean view
Location

On the Map

A-G-118 Rainbow Rd, Salt Spring, BC Open in Google Maps
Schedule a Private Showing

Let's tour A-G-118 Rainbow Rd.

Reach out directly to Scott Parker and the team. We'll arrange a private viewing, answer your questions, and walk you through everything this home has to offer.

Scott Parker

Personal Real Estate Corporation
REMAX Professionals
Nanaimo, British Columbia
For Sellers

Thinking of selling your property?

Try out our online Instant Home Estimator tool for a fast, ballpark valuation of your home using recent Vancouver Island sold data.

Try the Instant Home Estimator
A-G-118 Rainbow Rd — enlarged listing photo