1491 REED ROAD
Gibsons, BC V0N1V7
$899,900
Property Details
Property & Lot
- Lot size
- 2.57 acres
- Frontage
- 182 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,569.87 (2025)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3080461
- Listed
- January 17, 2026
- Time on market
- On the market for 226 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
2.57 acres of stunning VIEW property on Reed Road West of Henry Road! Gently sloping & cleared with a gravel driveway already constructed. Zoned RU1, the property allows for two full sized dwellings-ideal for keeping family close. This Zone allows for a Strata Title Subdivision of the property if you build two new homes. Whether you would use the 2nd home as a guest house, a rental, or simply sell the home, the opportunity is yours to decide. The property offers panoramic views of the Georgia Strait from at least 2 obvious build sites. Access to the property for the lower site could come from Mountain Road which borders the Southern boundary for more privacy. Licensed Builder available to create the 2 homes, and provide for your dream home with a fabulous investment side to your purchase. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Gibsons average
$300/sqft
1 active listing(s)
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
13°C
—
Humidity 91%
Wind NNW 6 km/h
Tonight
13°
Tuesday
20°
Tuesday night
14°
Wednesday
17°
Wednesday night
12°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
4,758
(2021 Census)
+3.3% since 2016
Density: 1,103.9/km²
Dwellings: 2,482
Median household income: $70,000
After-tax: $63,200
Immigrant population: 21.3%
Top countries of origin (% of total population)
- United Kingdom5.9% · 280
- United States of America2% · 95
- Philippines1.4% · 65
- Germany1.2% · 55
- Korea, South1.1% · 50
- India0.9% · 45
- South Africa, Republic of0.7% · 35
- Poland0.6% · 30
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Cedar Grove Elementary | Elementary | 2.6 km |
| Elphinstone Secondary | Secondary | 2.6 km |
| Sunshine Coast Alternative School | K-12 | 2.8 km |
| Gibsons Elementary | Elementary | 2.8 km |
| Langdale Elementary | Elementary | 6.1 km |
| Roberts Creek Elementary | Elementary | 6.8 km |
| Davis Bay Elementary | Elementary | 12.8 km |
| Island Pacific School(Independent) | Middle | 14.9 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: Sunshine Coast (SD46)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.