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+12504640318
eXp Realty
118 Rainbow Road Unit A-G, Salt Spring, British Columbia V8K2R7
Listing courtesy of Pemberton Holmes Ltd..
- $6,000,000
- List Price
- $6,000,000
- MLS®
- 1050608
- Days on Market
- 24
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Multi-family
- Subdivision
- Salt Spring
Property Description
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:5764)
Additional Information
- Ownership
- Condo/Strata
- View
- Ocean view
- Subdivision
- Salt Spring
- Zoning
- Unknown
- Parking Spaces
- 8
- Cooling
- Air Conditioned
- Country
- Canada
- Total Number Of Units
- 7
