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Featured exterior photo of A-G-118 Rainbow Rd, Salt Spring, BC
Miller Real Estate Team logo Miller Real Estate Team · REMAX Professionals
MLS® 1050608
Featured Listing

A-G-118 Rainbow Rd

Salt Spring, BC · V8K 2R7
$6,000,000
0.00 ac 12 Days 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
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REMAX Professionals
Nanaimo, British Columbia
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A-G-118 Rainbow Rd — enlarged listing photo