Property Type: Land / LotOwnership: Freehold

10 Decourcy Dr

Gabriola Island, BC V0R1X1

$749,000

0 bed0 bath3 parking
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Property Details

Property & Lot

Lot size
0.54 acres
Zoning
Residential

SRR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,771.79

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
StudioOther24'7 x 24'7

Listing Information

MLS®
1029027
Listed
March 20, 2026
Time on market
On the market for 164 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty Gabriola · Data source: CREA DDF.

Description

Set along the shores of Pilot Bay, this 0.54-acre south-facing waterfront property offers an exceptional opportunity to enjoy Gabriola’s coastal lifestyle. With sandy access to Gabriola Sands Provincial Park (Twin Beaches) just below, this is a setting that captures everything buyers are searching for—sun exposure, shoreline access, and proximity to some of the island’s most loved beaches. A partially renovated studio is already in place, featuring a newer roof, siding, windows, and a spacious deck positioned to take in the ocean views, including a distant glimpse of the lighthouse. The property is serviced with 200-amp power, no septic or water system is in place. Private, peaceful, and conveniently located just minutes to the ferry and Village Centre, this is a rare chance to secure a waterfront holding property in a highly desirable area. The property is being sold as is where is. All information to be verified by a buyer if deemed important. (id:63159)

Location Insights

Weather

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 85%

Wind N 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary2.7 km
Pauline Haarer ElementaryElementary6.8 km
Brechin ElementaryElementary7.3 km
Bayview ElementaryElementary7.4 km
OceaneElementary7.5 km
Cilaire ElementaryElementary7.8 km
Fairview ElementaryElementary7.8 km
Discover Montessori School(Independent)Elementary/Middle7.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (5+)

  • Pilot Bay Community Park160 m
  • DeCourcy Drive Community Park353 m
  • Decourcy Peninsula 2 Water Access393 m
  • Decourcy Peninsula 5 Water Access403 m
  • Decourcy Peninsula 3 Water Access420 m

Shopping (1)

  • Twin Beaches Mall · 377 Berry Point Road489 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$314.32
Total monthly cost$4,180.15
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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