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.
Address |
584 Rainbow Rd |
List Price |
$699,900 |
Property Type |
Residential |
Type of Dwelling |
Single Family Residence |
Area |
Gulf Islands |
Sub-Area |
GI Salt Spring |
Floor Area |
1,234 Sq. Ft. |
Lot Size |
338461.2 Sq. Ft. |
Lot Size Acres |
7.77 Ac. |
MLS® Number |
969165 |
Listing Brokerage |
Macdonald Realty Victoria
|
Basement Area |
Unfinished |
Postal Code |
V8K 2M8 |
Tax Year |
2024 |
Features |
Baseboard, Electric |
Amenities |
Acreage, Cleared, Irregular Lot, Private, Rectangular Lot, Rocky, Rural Setting, In Wooded Area |