127 Rainbow Rd

127 Rainbow Rd · Salt Spring · Commercial Mix · $865,000 · MLS 1032849

Salt Spring, British Columbia
C$865,000
For sale
127 Rainbow Rd

127 Rainbow Rd is located in Salt Spring. Property snapshot: Commercial Mix, listed at $865,000, MLS 1032849. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 45. Latest recorded list price 865000.00.

List Price: $865,000
MLS: 1032849
Days on Site: 45
Price History: Latest recorded list price 865000.00

Local Decision Guide

How should buyers evaluate 127 Rainbow Rd?

Start by reading this listing in its Salt Spring context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 127 Rainbow Rd?

This page shows a list price of $865,000 with MLS 1032849.

What type of home is this Salt Spring listing?

The page shows Commercial Mix at 127 Rainbow Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 45 days on market/site. Latest recorded list price 865000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Commercial Mix
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29664087 (1032849)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$865,000

PID: 007-513-917

Days on Site: 45 days

Added to Relistico: 2026-04-27

Updated on: 2026-04-27 06:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Thrifty Foods
About 241.2 m away
114 Purvis Lane, Ganges
Nature Works
About 254.2 m away
Shopping Centres
Salt Spring Saturday Market
About 354.4 m away
Moaut's Seaside Shops
About 363.6 m away
Parks / Green Space
Kanaka Road Skateboard Park
About 232.5 m away
Rotary Park
About 254 m away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Community

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Last Updated: Mon, 27 Apr 2026 05:15:44 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Macdonald Realty Salt Spring Island

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