Property Type: Detached HouseOwnership: Freehold

1059 Pat Burns Ave

Gabriola Island, BC V0R1X2

$829,000

3 bed5 bath4 parking3,391 sqftBuilt 1996
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
0.75 acres
Zoning
Residential

SRR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,265

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (3)

Exterior & Lot

View
City view, Mountain view, Ocean view

Parking

Total spaces
4 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
BedroomMain level15'10 x 29'6
BathroomLower level6'11 x 6'11
Living roomLower level15'10 x 29'6
KitchenLower level14'5 x 10'4
StorageLower level11'4 x 16'9
BathroomLower level4'4 x 5'4
BathroomLower level8'5 x 7'9
Family roomLower level16'4 x 17'3
Laundry roomSecond level5'9 x 6'7
EnsuiteSecond level14'9 x 19'1
Primary BedroomSecond level19'4 x 14'2
BathroomMain level7'7 x 7'9
BedroomMain level11'6 x 11'4
KitchenMain level13'5 x 14'8
Living roomMain level16'4 x 15'2
EntranceMain level8'8 x 7'1

Listing Information

MLS®
1046401
Listed
August 8, 2026
Time on market
On the market for 23 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

OCEAN VIEW home offering 3 bedrooms, 4.5 bathrooms and approximately 3,400~ sq ft of living space. Conveniently located near Gabriola Village amenities and the ferry to Nanaimo. The level-entry main floor features high ceilings, timber beams, custom wood windows, a Quartzite stone-faced fireplace, plus a bedroom and full bathroom right on the main floor. Upstairs, the spacious primary suite includes a walk-in closet, 5-piece ensuite with jetted tub, wood stove and a private laundry area! The lower level offers a family room with wood stove and wet bar, along with storage. A separate in-law suite with private entrance, lofted bedroom and ocean views adds flexibility. There is even another parking pad area with access on Harrison Way with powered shed! Additional features include tile roof, gardens, courtyard entrance with gazebo, and a garage foundation already in place. Measurements are approximate. Verify all data and measurements if important. (id:63159)

Values & Trends

This listing

$244/sqft

Building average

No other active listings in this building

Gabriola Island average

$601/sqft

35 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary1.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.9 km
Cedar SecondarySecondary5.6 km
Bayview ElementaryElementary6.0 km
Fulford Community ElementaryElementary6.2 km
Pauline Haarer ElementaryElementary6.3 km
Chase River ElementaryElementary6.5 km
Park Avenue ElementaryElementary6.7 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($57,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$663,200.00
Periodic payment — Principal & Interest (monthly)$4,278.74
Additional monthly expenses (strata, tax, utilities, etc.)$442.08
Total monthly cost$4,720.82
Interest paid over 5-yr term$190,075.03
Balance at end of term$596,550.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$57,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,929.49

Cash Needed at Closing

Minimum down payment$57,900
Estimated BC PTT$14,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$73,980

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.

Request more information