Property Type: Land / LotOwnership: Freehold

1840 SEYMOUR ROAD

Gabriola Island, BC V0R1X6

$525,000

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Property Details

Property & Lot

Lot size
10.97 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,482.97 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3109971
Listed
April 10, 2026
Time on market
On the market for 143 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Family & friends will be thrilled to take an interest in this square shaped, gently sloping,private, wooded 10.97 acre retreat providing flexibility in locating your home, cottage,outbuildings,gardens, home occupation, B&B or agri-tourism. The possibilities & potential can fulfill your vision & create your groups' private, independent, sustainable lifestyle. Connect in the most personal, direct way to the benefits of the forest and clean air on land that has not been subjected to toxic chemicals. A forest of Fir and Arbutus shelters a variety of mushrooms and other medicinal plants. Ready to be sensitively and selectively cleared for your personal building site. Explore the network of recent internal driveways to easily experience the totality of the land. (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 ElementaryElementary6.0 km
Cedar SecondarySecondary7.3 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.4 km
Cedar ElementaryElementary7.8 km
Chase River ElementaryElementary10.9 km
Fulford Community ElementaryElementary11.4 km
Cinnabar Valley ElementaryElementary11.7 km
Bayview ElementaryElementary12.0 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: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$206.91
Total monthly cost$2,916.61
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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