Gulf Islands property for sale
150 Drake Rd
Salt Spring
V8K 2V8
$1,565,000
Residential
beds: 8
baths: 3.0
4,900 sq. ft.
built: 1930
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1049669
- Bedrooms:
- 8
- Bathrooms:
- 3
- Year Built:
- 1930
- Photos (39)
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Discover endless possibilities in this completely remodeled 4,900 sq. ft. character home, perfectly situated in town. Offering an impressive 8 bedrooms and 6 bathrooms, this versatile property is ideal for a multiple suite B&B (successfully run), extended family or a professional home office. Original old-world charm has been thoughtfully preserved, including bay windows, wood floors, crown molding, built-ins and other timeless details. Extensive updates bring modern comfort with upgraded electrical and plumbing throughout, new roof (2026) a heat pump for the upper levels, and radiant in-floor heating on the lower level. The 2009 basement level complements the two fully renovated upper floors, while the spectacular 1,100 sq. ft. concrete deck provides an outstanding setting for entertaining and enjoying the views. Adjacent to Mouat Park and just an easy stroll to all town amenities, this is a rare opportunity to own a substantial, character-filled property!
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1930 (Age: 96)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 4,900 sq. ft.
- Listing General Location:
- GI Salt Spring, Gulf Islands
- Bedrooms:
- 8
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 7,841 sq. ft.
- Kitchens:
- 1
- Home Style:
- Character
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
- New Construction:
- No
- Basement:
- Finished, Walk-Out Access
- Foundation:
- Concrete Perimeter
- Roof:
- Wood
- Levels:
- 3
- Number of Storeys:
- 3
- Number of Buildings:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Wood
- Total Building Area:
- 4,900 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 8
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 3
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,845 sq. ft.
- Living Area Main Floor:
- 1,756 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,299 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Insert, Living Room
- Laundry Features:
- In House
- Water supply:
- Regional/Improvement District
- Sewer:
- Sewer Connected, Sewer To Lot
- Cooling:
- Air Conditioning
- Heating:
- Electric, Forced Air, Heat Pump, Radiant Floor, Wood
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Balcony/Patio
- Ocean
- Balcony, Deck/Patio, Garage
- Main Level
- 0
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Pets are allowed. No restrictions. See bylaws.
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Year:
- 2026
- Jurisdiction name:
- Gulf Islands Rural (764)
- Legal Description:
- Signup
- Zoning:
- R6
- Accessibility:
- Ground Level Main Floor
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 1
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Cleared, Cul-De-Sac, Level, Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Detached, Garage
- Total Parking Spaces:
- 4
- Common Parking Spaces:
- 0
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Sep 14, 2026
- Original Price:
- 1565000.0
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Listed by Macdonald Realty Salt Spring Island
Data was last updated September 24, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 173
- Avg list price:
- $1,100,000
- Min list price:
- $119,000
- Max list price:
- $9,985,000
- Avg days on market:
- 120
- Min days on market:
- 3
- Max days on market:
- 635
- Avg price per sq.ft.:
- $584.5
These statistics are generated based on the current listing's property type
and located in
GI Salt Spring. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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