Property Type: Detached HouseOwnership: Freehold

2575 Coho Dr

Gabriola Island, BC V0R1X7

$979,000

2 bed2 bath5 parking1,252 sqftBuilt 2006
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
0.8 acres
Zoning
Residential

SRR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,140.14

Interior

Heating
Heat Pump, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
KitchenMain level
OfficeMain level
Laundry roomMain level
Living roomMain level
Dining roomMain level
EnsuiteMain level3-Piece
Primary BedroomMain level
BedroomMain level
BathroomMain level4-Piece

Listing Information

MLS®
1046495
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

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

Description

Situated in the south end of Gabriola Island, you'll find this stunning custom built tidy 2 bedroom 2 bathroom rancher. The home features 9 ft high ceilings in main living area and an abundance of windows providing light in all rooms. The fully fenced .8 acre lot boasts many mature gardens, fruit and nut trees, vegetable gardens and a heated greenhouse. Other outbuildings include a fully finished 435 sq ft studio,a work shop and a covered open carport. Workshop is insulated and has a heat pump for the year round hobbyist and the studio also boasts its own heat pump. The outside decks provide additional year round space to enjoy the tranquility of the private gardens. Close to trails, beach access and local marinas This is a must see home! Measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$782/sqft

Building average

No other active listings in this building

Gabriola Island average

$586/sqft

35 active listing(s)

Parking: 5 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 ElementaryElementary9.0 km
Cedar ElementaryElementary9.6 km
Cedar SecondarySecondary9.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary10.0 km
North Oyster ElementaryElementary12.6 km
Chase River ElementaryElementary13.6 km
Cinnabar Valley ElementaryElementary14.2 km
Fulford Community ElementaryElementary14.3 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 (1)

  • Spring Beach Drive Water Access · 2525 Spring Beach Drive377 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$783,200.00
Periodic payment — Principal & Interest (monthly)$5,052.94
Additional monthly expenses (strata, tax, utilities, etc.)$408.01
Total monthly cost$5,460.95
Interest paid over 5-yr term$224,467.37
Balance at end of term$704,490.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,967.59

Cash Needed at Closing

Minimum down payment$72,900
Estimated BC PTT$17,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,980

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.

Request more information