8,473 sqft

C$6,000,000

118 Rainbow Rd #A-G, Salt Spring BC, V8K 2R7

Price per sqftC$708.13

Property size8,473 sqft

Property typeCommercial

Courtesy of Pemberton Holmes Ltd.

Overview

Active

Listed Sep 24, 2026

Updated 2 weeks ago

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.

Other Property Details

Taxes: $26,450
Tax Frequency: Annually
View: Yes

Courtesy of Pemberton Holmes Ltd., Kane Ryan

Listing Contact: 250-986-8900

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