Salt Spring Island Land Properties for Sale

Land in Salt Spring Island available for sale

Salt Spring Island Land for Sale

More details for 2675 Lodgepole Rd, Mill Bay, BC - Land for Sale

Deloume Rd Land - 2675 Lodgepole Rd

Mill Bay, BC V8H 1B1

Land for Sale
$1,200,000 CAD
1.10 AC Lot

Mill Bay Land for Sale

CBRE Victoria is pleased to present a rare opportunity to acquire 1.1 acres of development-ready land in the heart of Mill Bay, BC. Located steps from the Mill Bay Shopping Centre and adjacent to a controlled intersection at Highway 1 and Deloume Road, this site offers exceptional visibility and access for both northbound and southbound traffic. Mill Bay is a rapidly growing community within the Shawnigan region, offering a blend of coastal charm and commuter convenience. The area is well-connected to Victoria and Nanaimo via Highway 1 and benefits from a strong demographic base including students, families, and professionals. With buildable density scenarios ranging from 1:1 to 2:1 FSR, developers have flexibility to tailor the site to market demand. This is a strategic opportunity to deliver housing in a high-demand corridor with excellent infrastructure, walkability, and lifestyle appeal.

Contact:

CBRE, Limited

Property Subtype:

Commercial

Date on Market:

2025-10-21

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More details for 118 Rainbow Rd, Salt Spring Island, BC - Land for Sale

Mariner's Loft - 118 Rainbow Rd

Salt Spring Island, BC V8K 2V5

Land for Sale
$5,700,000 CAD
0.41 AC Lot

Salt Spring Island Land for Sale

Upscale, well positioned investment opportunity on Salt Spring Island in the beautiful Gulf Islands. The subject property is improved with a 3 storey building comprised of 7 high end units with 15 bedrooms and a myriad of premium amenities. E.g. In-suite washer and dryer, kitchen area, private patios, vaulted ceilings, TV’s, barbeques, wifi, onsite parking with secure gate, private entrances, gas fireplaces and floor to ceiling windows. Exceptional ocean, forest, and island views; only minutes away from retail shops, restaurants, parks and other major tourist attractions in Ganges Village. The penthouse is permitted for full time occupancy, allowing for one to live onsite, while managing the streamlined operation. Salt Spring has a dynamic, alluring hospitality submarket with limited supply and sizeable demand. STR reports are robust (e.g. elevated ADR & RevPAR metrics) with future growth potential and there are no supply side pressures in the near-term. Please inquire for more information.