$ 824.900

584 Rainbow Rd, Salt Spring

16 Photos

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 2

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 3

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 4

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 5

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 6

584 Rainbow Rd, Salt Spring, BC V8K2M8 Photo 7

Living area: 2468 square feet
MLS®: 952295

Type: Residential
Added: 97 days ago

Property Details

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. (id:1945)

Best Mortgage Rates

Property Information

View: Valley view
Tax Lot: A
Zoning: Other
Cooling: None
Heating: Baseboard heaters, Electric
Living Area: 2468
Lot Features: Acreage, Private setting, Wooded area, Irregular lot size, Rocky, Partially cleared, Rectangular
Photos Count: 16
Lot Size Units: acres
Parcel Number: 015-854-698
Structure Type: House
Common Interest: Freehold
Parking Features: Stall
Lot Size Dimensions: 7.77
Above Grade Finished Area: 1234
Above Grade Finished Area Units: square feet

Room Dimensions

Type	Level	Dimensions
Living room/Dining room	Main level

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Nearby Places

Name	Type	Address	Distance
CFSI-FM	Broadcasting on 107.9 FM, it is the first radio st...		0.8 km
Ganges, British Columbia	Ganges, British Columbia is an unincorporated comm...		1.3 km
Gulf Islands Secondary School	It is located on Salt Spring Island and is attende...		1.7 km
Calvin's Bistro	Restaurant	133 Lower Ganges Rd	2.3 km
Ganges Water Aerodrome	Ganges Water Aerodrome, (IATA: YGG, TC LID: CAX6),...		2.4 km
Ganges Water Aerodrome	Airport	Ganges Harbor	2.5 km
Saltspring Island	The island was initially inhabited by various Sali...		3.4 km
Vesuvius, British Columbia	It is the eastern terminus of a ferry which connec...		4.0 km
Mount Maxwell Provincial Park	It is located on Burgoyne Bay and the Sansum Narro...		5.9 km
Long Harbour, British Columbia	It hosts a ferry terminal which connects directly ...		6.0 km
Maple Mountain (British Columbia)	The mountain is located on the northern side of Ma...		6.1 km
Gulf Islands National Park Reserve	Located in British Columbia's Gulf Islands, it cov...		6.2 km

Similar Houses Stat in Salt Spring

We have found 6 Houses that closely match the specifications of the property located at 584 Rainbow Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 919,900 and 1,149,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V8K2M8 postal code area of Salt Spring British Columbia Canada.

584 Rainbow Rd mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 584 Rainbow Rd. The current price of the property is $824,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $659,920. This would result in a monthly mortgage payment of $3,857 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	40
College	25
Degree in medicine	10
University degree at bachelor level or above	65

Neighbourhood Marital Status Stat

Married	200
Widowed	60
Divorced	45
Separated	20
Never married	80
Living common law	55
Married or living common law	255
Not married and not living common law	205

Neighbourhood Construction Date

1961 to 1980	70
1981 to 1990	40
1991 to 2000	35
2001 to 2005	35
2006 to 2010	50
1960 or before	20

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