324 Easthom Rd
Gabriola Island, BC V0R1X0
$1,749,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 20.43 acres
- Zoning
- Unknown
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $9,463
Interior
- Fireplace
- None
Exterior & Lot
- Waterfront
- Waterfront on ocean
Listing Information
- MLS®
- 1022435
- Listed
- January 5, 2026
- Time on market
- On the market for 238 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Gabriola Island Opportunity we have Two Parcels of Land to be sold as one package, 324 Easthom Road is 1.98-acre Water front property with four buildings plus storage, approximately 4600 square feet combined, consisting of five rental units, earning reasonable income. Beautiful views overlooking Descanso bay out to Newcastle (Saysutshun) & Protection Islands. A short 20-minute Ferry ride from Nanaimo the Island has lots to offer, The Second property is 440 North Road 18.5 Acres this property has an approved water system that supplies the water to the five rental unit plus one other home as well as the BC Ferries public washrooms. The balance of the 18.5 Acers is currently undeveloped. Gabriola is growing and yet still has the island lifestyle feeling. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Gabriola Island average
$595/sqft
6 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
Nearest station: Nanaimo
13°C
Partly Cloudy
Humidity 88%
Wind WSW 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
4
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
| School | Type | Distance |
|---|---|---|
| Gabriola Elementary | Elementary | 1.4 km |
| Pauline Haarer Elementary | Elementary | 6.2 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 6.3 km |
| Bayview Elementary | Elementary | 6.3 km |
| Fulford Community Elementary | Elementary | 6.9 km |
| Brechin Elementary | Elementary | 7.0 km |
| Cedar Secondary | Secondary | 7.0 km |
| Fairview Elementary | Elementary | 7.2 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)
- Descanso Bay Regional Park723 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
6.2 km away
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($349,800) — 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.