For Sale: A-G-118 Rainbow Road, Salt Spring Island, BC - REW
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$6,000,000
0 bd • ba • sf • Multifamily
A-G-118 Rainbow Road
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$6,000,000
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A-G - 118 Rainbow RoadSalt Spring Island, BC, V8K 2R7

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listed by: Kane Ryan PREC*, Pemberton Holmes Ltd.

Home facts and features

Price details
List Price
$6,000,000
Get Pre-Approved
Gross Taxes for 2026
$26,450
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
8
Property Type
Multifamily
Lot Size
0 ft²
Title
Freehold/Strata
Cooling
Air Conditioning
Agent details
Primary Agent
Primary Broker
Pemberton Holmes Ltd.
Secondary Agent
Secondary Broker
Pemberton Holmes - Salt Spring
Listing details
Days on REW
3 Days
Property Views
150
MLS® Number
1050608
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Gulf Islands Secondary School
  • Public
  • 9 - 12
  • In Catchment
Salt Spring Island School
  • Public
  • Pre-K - 5
  • In Catchment
Salt Spring Centre School
  • Independent
  • K - 6
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Call Agent
Kane Ryan PREC*
Phone:
(250) 986-8900
Office:
250-384-8124
Fax:
250-380-6355
Fiona Walls PREC*
Phone:
(250) 537-7119
Cell:
250-537-7119
Office:
250-537-5553
Fax:
250-537-4288
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