Property Type: Mobile / ManufacturedOwnership: Freehold

365 King Rd

Gabriola Island, BC V0R1X1

$425,000

3 bed1 bath3 parking1,006 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
Manufactured Home
Lot size
0.55 acres
Zoning
Residential

SRR

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Freehold
Annual property tax
$2,234

Interior

Heating
Heat Pump, Electric, Wood
Cooling / A/C
Wall unit
Fireplace
Yes (1)

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level
StudioOther10'2 x 12'2
OtherMain level7'8 x 7'9
BedroomMain level
BedroomMain level14'3 x 10'10
BathroomMain level4'11
Dining roomMain level7'9 x 13'3
KitchenMain level13'3
Living roomMain level13'3 x 14'2

Listing Information

MLS®
1025162
Listed
March 14, 2026
Time on market
On the market for 170 days
Data last synced
August 28, 2026

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

Description

Tucked into a peaceful pocket in one of Gabriola’s most loved locations, this bright and welcoming 3-bedroom, 1-bath home offers comfortable island living just minutes from Twin Beaches, an extensive trail network, the general store, and the ferry. The 1,006 sq.ft. home features a functional layout with a spacious primary bedroom, heat pump, cozy woodstove, and an EPDM roof replaced in 2018. A covered deck off the dining area provides a lovely place to relax and overlook the yard, while meandering pathways and natural rockwork guide you through a beautiful blend of open space, native vegetation, and mature trees. A detached studio offers flexible space for guests, hobbies, or creative pursuits, complemented by a greenhouse, carport, and mostly fenced yard. Serviced by a well and cisterns, this is a comfortable and versatile property in a quiet, convenient setting.Full information package with floor plans, virtual tour and video available. All info to be verified by buyer if deemed important. (id:63159)

Values & Trends

This listing

$422/sqft

Building average

No other active listings in this building

Gabriola Island average

$629/sqft

5 active listing(s)

Parking: 3 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

15

2/9 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 ElementaryElementary2.1 km
Pauline Haarer ElementaryElementary6.8 km
Bayview ElementaryElementary7.3 km
Brechin ElementaryElementary7.3 km
OceaneElementary7.7 km
Fairview ElementaryElementary7.8 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.8 km
Discover Montessori School(Independent)Elementary/Middle7.9 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)

  • Pilot Bay Community Park705 m

Shopping (1)

  • Twin Beaches Mall · 377 Berry Point Road191 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$236.17
Total monthly cost$2,429.73
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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