A-G 118 Rainbow Rd, Salt Spring

$6,000,000

MLS® 1050608

A-G 118 Rainbow Rd, Salt Spring - Image 1

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. (id:44056)

    Property Details
    Full Address:A-G 118 Rainbow Rd, Salt Spring, British Columbia
Price:$ 6,000,000
MLS Number:1050608
List Date:September 25th, 2026
Building Size:8473 sq.ft.
Taxes:$ 26,450

    Interior Features
    Air Conditioning:Air Conditioned

    Building Features
    Building Size:8473 sq.ft.
Zoning:Unknown
Garage Spaces:8
Ownership Type:Condo/Strata
Taxes:$ 26,450

    Floors
    

    Land
    View:Ocean view

    Neighbourhood Features
    

    Ratings
    

    Commercial Info
    Business Type:Accommodation

Neighbourhood Details

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Kane Ryan Personal Real Estate Corporation Pemberton Holmes Ltd.

250-986-8900

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Listing Agent(s)

Lead Agent: Kane Ryan
Office: Pemberton Holmes Ltd.
Originating Board: Victoria Real Estate Board

Co-Listing: Fiona Walls
Pemberton Holmes - Salt Spring

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