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. Court Date now set: March 11, 2025 @ 9:45am Victoria Courthouse. Accepted Offer price: $650,000. Please contact your realtor for further information on the bidding procedural. (id:4069)
Address
584 Rainbow Rd
List Price
$650,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Salt Spring
Floor Area
2,468 Sq. Ft.
Lot Size
7.77 Sq. Ft.
MLS® Number
969165
Listing Brokerage
Macdonald Realty Victoria
Postal Code
V8K2M8
Site Influences
View
Features
Acreage, Private setting, Wooded area, Irregular lot size, Rocky, Partially cleared, Other, Rectangular
