378 Rainbow Road
Salt Spring · V8K2M4
$8,877/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Salt Spring · V8K2M4
$8,877/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Rare, and like no other property on Salt Spring Island, is where you will discover dreams come true of owning approx. 20 acres of sun soaked farmable land & walking distance to Ganges. The land has been thoughtfully planned out & their labor of love is self-evident. Revenue producing property for tradesmen and artisans; can start operating your business in this impressive spacious covered shop with storage & parking for equipment. Newly installed greenhouses with power allow you to have vegetables all year round. Regenerative Farming practices implemented with moveable fencing to allow cattle to graze throughout numerous pastures. Fenced corral and squeeze area for various livestock. Rain Water Harvesting system intelligently designed to take advantage of the rainy seasons & the added bonus of having Okano/Aske Creek run through the property & water license. Rental pads for farming help which adds additional supplemental income. Self sufficient lifestyle starts at 378 Rainbow Road.
2
Beds
923 ft²
Floor area
1990
Year built
Single Family
Type
Salt Spring
Area
Listed
June 30, 2026
Nearby & Commute
15 min
walk to Country Grocer
1h 12m
bike to Alderlea Station
4h 1m
walk to Alderlea Station
2h 15m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 39%
| Detached | 24 | 39.3% |
| Land | 20 | 32.8% |
| Townhouse | 13 | 21.3% |
| Other | 2 | 3.3% |
| Duplex | 1 | 1.6% |
| Other | 1 | 1.6% |
| Under $5,000 | 15 | 1.1% |
| $5,000 to $9,999 | 10 | 0.7% |
| $10,000 to $14,999 | 15 | 1.1% |
| $15,000 to $19,999 | 45 | 3.2% |
| $20,000 to $24,999 | 50 | 3.5% |
| $25,000 to $29,999 | 60 | 4.2% |
| $30,000 to $34,999 | 65 | 4.6% |
| $35,000 to $39,999 | 40 | 2.8% |
| $40,000 to $44,999 | 60 | 4.2% |
| $45,000 to $49,999 | 40 | 2.8% |
| $50,000 to $59,999 | 95 | 6.7% |
| $60,000 to $69,999 | 105 | 7.4% |
| $70,000 to $79,999 | 105 | 7.4% |
| $80,000 to $89,999 | 80 | 5.7% |
| $90,000 to $99,999 | 80 | 5.7% |
| $100,000 to $124,999 | 175 | 12.4% |
| $125,000 to $149,999 | 125 | 8.8% |
| $150,000 to $199,999 | 125 | 8.8% |
| $200,000 and over | 125 | 8.8% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$8,877
Principal and interest
Calculated estimate
$8,210
Property tax
Calculated estimate
$517/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,775,000
Down payment
Calculated estimate
$355,000 (20%)
Estimated mortgage
Calculated estimate
$1,420,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$8,877
/mo
Rate
%
Amortization
Principal and interest
$8,210
Property tax (est.)
$517
P&I
Tax
Down payment
$355,000 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $355,000 down (20%) on $1,775,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Provincial farmland protection restricts subdivision and non-farm use.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.