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150 Drake Rd
GI Salt Spring Salt Spring V8K 2V8

$1,565,000
Residential beds: 8 baths: 3.0 4,900 sq. ft. built: 1930

Main Photo: 150 Drake Rd Salt Spring BC
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1049669
Bedrooms:
8
Bathrooms:
3
Year Built:
1930
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:
Existing Lease Expiry:
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:
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:
Floor finish:
Wood
Total Building Area:
4,900 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# 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:
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
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2026
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Zoning:
R6
Accessibility:
Ground Level Main Floor
Units in Building:
Units in Community:
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:
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 19, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
172
Avg list price:
$1,094,500
Min list price:
$139,000
Max list price:
$11,750,000
Avg days on market:
117
Min days on market:
2
Max days on market:
630
Avg price per sq.ft.:
$581.09
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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TICARA COERTZE
STEVE GILLESPIE
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.