Multi Family

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A 118 RAINBOW Road
Islands-Van. & Gulf Salt Spring Island V8K 2R7

$6,300,000
Multi-Family Commercial

Main Photo: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 1: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 2: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 3: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 4: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 5: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 6: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 7: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 8: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 9: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 10: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Photo 11: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8035182
Build. Type:
Low Rise (2-4 stories)
High end investment opportunity near Ganges Village on beautiful Salt Spring Island in British Columbia, Canada. The subject property is 17,642 SF with 7 meticulously kept suites (8,298 SF of floorspace). Exceptional ocean, forest, and island views; only minutes away from retail shops, restaurants, parks and other major facilities. Each suite has private entrances and patios with world class views. An opportunity to acquire a one of a kind investment property with an approximate NOI of $275,000 per annum.
Sale Type:
Asset
Property Type:
Multi-Family Commercial
Bus Op Since:
2009
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
7
# Storeys:
2.0
Year built:
2011 (Age: 9)
Land Use/Zoning:
CA1
Taxes:
$4,632.89 / 2020
# Elevators:
0
HVAC:
Baseboard, Electric
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
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  • Photo 9: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
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  • Photo 10: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
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  • Photo 11: A 118 RAINBOW Road: Salt Spring Island Multi-Family Commercial for sale (Islands-Van. & Gulf)  : MLS®# C8035182
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Listed by The Firm Real Estate Services Ltd.
Data was last updated December 5, 2020 at 04:00 AM (UTC)
Bruce Long CCIM, FRI, PREC
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