Property Type: Detached HouseOwnership: Freehold

1180 Berry Point Rd

Gabriola Island, BC V0R1X1

$2,990,000

3 bed3 bath22 parking4,105 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
6.04 acres
Zoning
Residential

SSR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,061.87

Interior

Heating
Heat Pump
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
22

Room Dimensions

RoomLevelDimensions
Recreation roomLower level15'1 x 23'4
BedroomLower level12'3 x 10'10
BathroomLower level3-Piece
EnsuiteSecond level4-Piece
Bonus RoomSecond level10'8 x 21'8
BedroomMain level10'8 x 14'11
BedroomMain level10'7 x 12'1
Living roomMain level24'6
EntranceMain level5'9 x 7'2
StorageLower level10'8 x 11'3
Laundry roomMain level5'6 x 9'6
KitchenMain level9'3 x 11'3
Family roomMain level11'3 x 11'11
Dining roomMain level8'1 x 13'6
BathroomMain level4-Piece

Listing Information

MLS®
995706
Listed
April 17, 2025
Time on market
On the market for 501 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Trophy Westcoast Oceanfront Property! 6 Acres of sprawling oceanfront on Gabriola Island with approximately 1400 feet of spectacular shoreline. A private walkway leads from the main residence along the natural peninsula to a gazebo with 360 degree views overlooking sandstone sculptures, abundant sea life and private beachfront where the pristine waters of Georgia Strait are framed by coastal snow-capped mountains. The Seller holds a Foreshore Lease which allows for dock. Located at the end of a no thru road, offering unparalleled privacy. The 4,105 sq. ft. West Coast Style home features cathedral ceilings and floor to roof windows to enjoy the serene ocean views. Wood fireplaces in the living room and master bedroom create warmth and ambience as does the pellet stove on the low level. There is also a separate one bedroom apartment above the huge shop and 2 other garage/workshops. Indoor parking for 20 +cars, RV's, Boats etc. Easy ferry ride from Lower Mainland (id:63159)

Values & Trends

This listing

$728/sqft

Building average

No other active listings in this building

Gabriola Island average

$587/sqft

35 active listing(s)

Parking: 22 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 ElementaryElementary2.9 km
Qwam Qwum Stuwixwulh Community SchoolElementary9.2 km
Pauline Haarer ElementaryElementary9.5 km
Cedar SecondarySecondary9.7 km
Bayview ElementaryElementary9.9 km
Brechin ElementaryElementary10.1 km
OceaneElementary10.4 km
Fairview ElementaryElementary10.5 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: 20.0% ($598,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,392,000.00
Periodic payment — Principal & Interest (monthly)$15,432.37
Additional monthly expenses (strata, tax, utilities, etc.)$1,210.16
Total monthly cost$16,642.53
Interest paid over 5-yr term$685,554.08
Balance at end of term$2,151,611.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$598,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,393.64

Cash Needed at Closing

Minimum down payment$598,000
Estimated BC PTT$67,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$667,200

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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