Property Type: Land / LotOwnership: Freehold

1108 Pat Burns Ave

Gabriola Island, BC V0R1X3

$224,900

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
20,473 square feet
Zoning
Unknown

SRR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,236

Interior

Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Listing Information

MLS®
1041343
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 28, 2026

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

Description

This sunny south/west-facing lot is ready for your build plans! The property has been cleared, with a driveway already in place and a large flat area for your new Gabriola home; you likely won't need to budget for any clear-cutting, yet you will enjoy the beautiful cedars and other trees on this land. The 0.47 acre property is bordered by a 12-acre parcel in the back and is partially fenced offering potential for ample privacy. The South/West position means it is sunny throughout the day and has amazing colourful sunsets at dusk with western exposure. Previously a manufactured home occupied this property with electrical services and an older Septic Field is present and ready for your updates! Close to the village core, Gabriola beaches and the ferry terminal. A must see if you are ready to build your dream home on Gabriola Island! (Cisterns not included in sale.) Verify all data and measurements if 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.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary1.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.8 km
Cedar SecondarySecondary5.5 km
Bayview ElementaryElementary6.1 km
Fulford Community ElementaryElementary6.2 km
Pauline Haarer ElementaryElementary6.4 km
Chase River ElementaryElementary6.5 km
Park Avenue ElementaryElementary6.8 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$179,920.00
Periodic payment — Principal & Interest (monthly)$1,160.78
Additional monthly expenses (strata, tax, utilities, etc.)$103.00
Total monthly cost$1,263.78
Interest paid over 5-yr term$51,565.59
Balance at end of term$161,838.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,245
Stress test qualifying rate8.09%
Payment you must qualify for$1,642.93

Cash Needed at Closing

Minimum down payment$11,245
Estimated BC PTT$2,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,243

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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