362 Spruce Ave
Gabriola Island, BC V0R1X1
$879,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 18,021 square feet
- Zoning
- Unknown
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,408
Interior
- Heating
- Heat Pump, Heat Recovery Ventilation (HRV), Electric, Wood, Other
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Ensuite | Main level | 3-Piece |
| Primary Bedroom | Main level | 13'6 x 12'1 |
| Entrance | Main level | 7'5 |
| Living room | Main level | — |
| Dining room | Main level | 9'5 |
| Kitchen | Main level | 16'4 |
| Pantry | Main level | 5'6 x 4'10 |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 11'4 x 14'8 |
Listing Information
- MLS®
- 1015785
- Listed
- October 6, 2025
- Time on market
- On the market for 329 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty Gabriola · Data source: CREA DDF.
Description
Step through the edge-grain fir door into a Custom Designed 2-bed/2-bath Modern home where comfort meets low-maintenance living. Fully engineered and masonry-built, the home is designed for durability and efficiency with a metal roof, vaulted ceilings, insualted masonry with 16'' thick walls, striking wood beams, and in-floor heated concrete throughout. A heat pump maintains year-round comfort, while multiple patio doors extend the open living/dining/kitchen outdoors. A central, custom-built fireplace in the open style living area adds cozy ambience in the cooler months. The cook’s kitchen offers custom birch cabinetry, poured-concrete counters, a propane range, and a walk-in pantry for extra storage. The split-bedroom plan places the two bedrooms on opposite sides of the great room for privacy. The spacious primary suite has deck access, a walk-in closet, and a serene ensuite with a soaker tub and heated towel rack. The second bedroom enjoys its own covered deck—perfect for morning coffee or a quiet read. Thoughtful custom built-ins provide a nice aesthetic and additional storage. Water is supplied by a private well and treated with a filtration system. An additional ~450 sq. ft. detached garage awaits finishing—ideal for a workshop, studio, or gear storage. Sited for privacy with a classic West Coast setting, this is move-in-ready island living. Interested in the features of a Masonry Built home ? ask us to send you the list! (id:63159)
Values & Trends
This listing
$586/sqft
Building average
—
No other active listings in this building
Gabriola Island average
$591/sqft
35 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
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
| School | Type | Distance |
|---|---|---|
| Gabriola Elementary | Elementary | 1.7 km |
| Pauline Haarer Elementary | Elementary | 8.0 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 8.0 km |
| Bayview Elementary | Elementary | 8.3 km |
| Brechin Elementary | Elementary | 8.6 km |
| Cedar Secondary | Secondary | 8.7 km |
| Oceane | Elementary | 9.0 km |
| Fairview Elementary | Elementary | 9.0 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($62,900) — 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.