$865,000
127 Rainbow Rd
Beds
—
Baths
—
Sqft
1,957
Year
—
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Salt Spring. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Great commercial location in heart of Ganges at the high visibility corner of Rainbow Road and Jackson Ave. The charming 1,957 sq ft, one storey building currently hosts a few local businesses including a felt artist studio and a massage & therapy business. Well maintained and bright and cheery, it’s an excellent investment property or new home for your thriving business! (id:65958)
- Subtype
- Other
- Structure
- Commercial Mix
- Community
- Salt Spring
- Common interest
- Freehold
- Lot size
- 8,276 square feet
- Lot dimensions
- 8276
- On market
- Apr 28, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $6,836.94
- Zoning
- Unknown
- Photos
- 47
- MLS#
- 1032849
- Area
- SALT_SPRING
Features and systems
Cooling
Lot
Cash on cash
-6.63%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,330
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.