584 Rainbow Rd

Single Family Detached For Sale in GI Salt Spring, Gulf Islands

$824,900
Minutes to Ganges and a short 25 minute drive to Fulford Harbour, this 7.77 acre rural property currently has seven dwelling units on it, in various stages of habitability. There is a zoning variation of Affordable Housing Dwelling Units in place for this property, and the current Housing Agreement registered on title is in the process of being legally removed, affording a potential buyer the opportunity to negotiate their own Affordable Housing Agreement, directly with Islands Trust. 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.
Address 584 Rainbow Rd
List Price $824,900
Property Type Residential
Type of Dwelling Single Family Detached
Area Gulf Islands
Sub-Area GI Salt Spring
Floor Area 1,234 Sq. Ft.
Lot Size 338461.2 Sq. Ft.
MLS® Number 952295
Listing Brokerage Macdonald Realty Victoria
Basement Area Crawl Space
Postal Code V8K 2M8
Tax Year 2023
Features Baseboard, Electric
Amenities Acreage, Cleared, Irregular Lot, Private, Rectangular Lot, Rocky, In Wooded Area

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Randee Wilson, PREC*

Engel & Völkers

735 Humboldt St. Victoria BC V8W 1B1

Office: (250) 221-3530

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