Southern Gulf Island lake front real estate. A gem on special Salt Spring. Truly remarkable Lakefront Destination.
St Lake Mary | British Columbia Real Estate
Currently an attracting family run resort, with nine appealing cottages, this St. Mary Lake acreage, enjoying sunny (s/sw/w exposures) privacy and English Country charm, could expand to 22 cottages.
It would also be possible to develop a strata resort opportunity, here — build out the allowable cottages (zoning for same), sell to individual investors, and when not using themselves, the units would remain in a managed rental pool.
Commercial zonings were designated in 1974, when the provincial government created the Islands Trust. One cannot repeat this waterfront commercial zoning, then. The zoning itself has a value, thus, apart from the real estate or business component.
Perfect for entrepreneurial immigration or a property for a family or corporate retreat. A stellar investment opportunity.
The lake is stocked with fish, too — flyfishing challenges.
