Discover endless possibilities in this completely remodelled 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, a professional home office or anyone seeking exceptional space and flexibility. Original old-world charm has been thoughtfully preserved, including bay windows, wood floors, crown molding, built-ins and other timeless details, while 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 with remarkable versatility and potential. Absolutely fabulous!
Address
150 Drake Rd
List Price
$1,565,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Character
Transaction Type
Sale
Area
Gulf Islands
Sub-Area
GI Salt Spring
Bedrooms
8
Bathrooms
3
Floor Area
4,900 Sq. Ft.
Lot Size
7841 Ac.
Lot Size (Acres)
0.18 Ac.
Year Built
1930
MLS® Number
1049669
Listing Brokerage
Macdonald Realty Salt Spring Island
Basement Area
Finished, Walk-Out Access
Postal Code
V8K 2V8
Tax Amount
$6,646.02
Tax Year
2026
Features
Electric, Forced Air, Heat Pump, Radiant Floor, Wood, Wood
Amenities
Balcony/Patio, Cleared, Cul-De-Sac, Ground Level Main Floor, Level, Rectangular Lot
