Property Type: Detached HouseOwnership: Freehold

1855 Oyster Way

Gabriola Island, BC V0R1X6

$529,000

3 bed2 bath4 parking1,700 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
0.56 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,550.97

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
BathroomMain level11'6 x 8'4
Primary BedroomMain level11'6 x 22'9
BedroomMain level12'1 x 10'7
BedroomMain level8'11 x 7'9
BathroomMain level8'11 x 6'2
EntranceMain level11'6 x 5'9
KitchenMain level12'1 x 13'6
Living roomMain level11'6 x 24'1
Family roomMain level12'1 x 16'11

Listing Information

MLS®
1034820
Listed
May 6, 2026
Time on market
On the market for 118 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty Gabriola · Data source: CREA DDF.

Description

Beautiful sunny south-end property on Gabriola Island. Tucked away in a peaceful setting, this property captures the best of island living—abundant sunshine, nearby walking trails, and close proximity to the beach.The thoughtfully landscaped gardens create a private oasis, offering endless days of relaxation surrounded by nature. Enjoy your morning coffee on the sun-drenched deck, and unwind in the evening with a glass of wine as the day fades. The spacious manufactured home with additions, offering 3 bedrooms and 2 bathrooms—ideal for family, guests, or a creative retreat. The property is rich with outdoor delights, including a yard filled with edible plantings and mature greenery. A generous two-car garage with workshop space provides flexibility for hobbies, storage, or projects. Modern comforts include a Generac generator for peace of mind, a new hot water heater, and an efficient forced air heat pump. This is island living at its finest—sunny, serene, and full of possibility. (id:63159)

Values & Trends

This listing

$311/sqft

Building average

No other active listings in this building

Gabriola Island average

$599/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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary6.8 km
Cedar SecondarySecondary7.5 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.7 km
Cedar ElementaryElementary7.7 km
Chase River ElementaryElementary11.2 km
North Oyster ElementaryElementary11.6 km
Fulford Community ElementaryElementary11.9 km
Cinnabar Valley 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.

Nearby Places

Parks (2)

  • Clamshell Community Park · 1961 Clamshell Drive205 m
  • South Road Community Park · 2061 South Road796 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,200.00
Periodic payment — Principal & Interest (monthly)$2,730.34
Additional monthly expenses (strata, tax, utilities, etc.)$297.58
Total monthly cost$3,027.92
Interest paid over 5-yr term$121,290.34
Balance at end of term$380,669.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,853.28

Cash Needed at Closing

Minimum down payment$27,900
Estimated BC PTT$8,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,980

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.

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