Salt Spring, BC V8K 2M8,584 Rainbow Rd
Salt Spring, BC V8K 2M8,584 Rainbow Rd
Salt Spring, BC V8K 2M8,584 Rainbow Rd
Salt Spring, BC V8K 2M8,584 Rainbow Rd
Salt Spring, BC V8K 2M8,584 Rainbow Rd
Salt Spring, BC V8K 2M8,584 Rainbow Rd
Layne Britton PREC*
Layne Britton PREC*

CEO | License ID: 172044

+1(778) 401-3144

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$ 650,000

$ 650,000

Est. payment | /mo

1,234 SqFt


$ 650,000

$ 650,000

Est. payment | /mo

1,234 SqFt

Key Details

Sold Price $650,000

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,234 sqft

Price per Sqft $526

MLS Listing ID 969165

Sold Date 04/15/25

Style Main Level Entry with Lower/Upper Lvl(s)

Rental Info Unrestricted

Tax Year 2024

Lot Size 7.770 Acres

Acres 7.77

Property Sub-Type Single Family Detached

Property Description

This partially cleared idyllic 7.77 acre rural property currently has seven dwelling units on it, in various stages of habitability. As there is a zoning variation of Affordable Housing Dwelling Units in place for this property, there is tremendous opportunity here for a new Affordable Housing Agreement to be developed in consultation with the LTC as the old one has been legally removed from the title. Single family residential use on this land is also available to a buyer. The location is ideal, just minutes to Ganges and a short 25 minute drive to Fulford Harbour. The land comprises a pleasant mix of sunny level land and natural forested areas. Do not walk the property without express permission, and only then when accompanied by a licensed Realtor.
Court Date now set: March 11, 2025 @ 9:45am Victoria Courthouse. Accepted Offer price: $650,000. Please contact your realtor for further information on the bidding procedural.

Location

Province BC

County Capital Regional District

Area Gi Salt Spring

Direction South

Rooms

Basement Unfinished

Kitchen 0

Interior

Heating Baseboard, Electric

Cooling None

Laundry None

Exterior

Utilities Available Electricity To Lot

View Y/N 1

View Valley

Roof Type Asphalt Shingle,Other

Building

Lot Description Acreage, Cleared, Irregular Lot, Private, Rectangular Lot, Rocky, Rural Setting, In Wooded Area

Building Description Wood, Main Level Entry with Lower/Upper Lvl(s)

Faces South

Foundation Block, Pillar/Post/Pier, Slab, None, Other

Sewer None

Water Well: Drilled

Additional Building Potential

Structure Type Wood

Others

Tax ID 015-854-698

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by Macdonald Realty Victoria
Bought with Royal LePage Duncan Realty Salt Spring Island
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+1(778) 401-3144

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301-3450 Uptown Blvd, Victoria, BC, V8Z,Canada

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584 Rainbow Rd