#A-G - 118 Rainbow Rd #A-G, Salt Spring BC V8K 2R7
$6,000,000
00
#A-G - 118 Rainbow Rd #A-G, Salt Spring BC V8K 2R7 - Multi Family for Sale in Salt Spring, BC
This 0 bedroom, 0 bathroom multi family in Salt Spring, British Columbia is listed for sale at $6,000,000. MLS® #1050608.
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.
Looking for homes for sale in Salt Spring? Browse Salt Spring real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the GI Salt Spring neighborhood. Part of the Gulf Islands area.
$6,000,000
For Sale
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#A-G - 118 Rainbow Rd #A-G, Salt Spring BC V8K 2R7
Salt Spring, BC V8K 2R7
MLS® #1050608
Pemberton Holmes Ltd.(Personal Real Estate Corporation)
0beds
0baths
Property Details
Property Type
Multi Family
Bedrooms
0
Bathrooms
0
Area
Gulf Islands
Neighborhood
Salt Spring
Listed
Sep 24, 2026
MLS® Number
#1050608
G - 118 Rainbow Rd Market Report
View comprehensive market analysis for G - 118 Rainbow Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View G - 118 Rainbow Rd Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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