Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Seven-Unit Short-Term Accommodation Business For Sale

Salt Spring Island, British Columbia, Canada
Asking Price:
$6,000,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$408,000 (CAD)

Highlights:

  • Approx Cap of 6.8%
  • 7 stratatitled units
  • 8473 sq ft of building
  • 17,642 sq ft lot
  • Overlooking the harbour
  • Turnkey with bookings in place for 2027
  • $60,000 in heat pumps just installed in September.
  • Parking for 8 + vehicles
  • All units come fully furnished

Mariner’s Loft offers a rare opportunity to acquire an established seven-suite commercial accommodation property in the heart of Ganges, Salt Spring Island.

Purpose-built in 2011, the approximately 8,473 sq. ft. building occupies an elevated 0.41-acre site with expansive views across Ganges Harbour, all within walking distance of shops, restaurants, galleries, marinas and float-plane service.

The seven individually stratified units include six two-bedroom, two-bathroom suites and a three-bedroom, two-bathroom penthouse. Each features a full kitchen, open-concept living area, in-suite laundry, private entrance and deck or patio.

The property also offers gated access, on-site parking and approximately 1,414 sq. ft. of outdoor living space.

Recent investment includes painting, lighting, appliances, furnishings, digital marketing and approximately $60,000 in new heat-pump systems.

Financial performance has strengthened considerably, with revenue increasing 48% from $517,335 in fiscal 2025 to $767,841 in fiscal 2026.

Combining commercial accommodation zoning, separate strata titles and a growing hospitality operation, Mariner’s Loft represents a compelling turnkey investment in one of Salt Spring Island’s most desirable locations.

Property Information

Real Estate:

Real Property Included

Location:

Salt Spring Island, overlooking the main town on the island.

Premises Details:

7 strata titled units.

Size in square feet:
8473 sq ft of building and 17,642 sq ft of property.

Business Operation

Management type:
This business has absentee ownership.
Trading hours:

This is a short-term rental accommodation business with property.

Employees:
2-3
Years established:
10+

Other Information

Support & training:

Training can be provided.

Related Documents: