Property Type: Land / LotOwnership: Freehold

406 GIBBON ROAD

Williams Lake, BC V2G3N5

$107,000

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Property Details

Property & Lot

Lot size
1.45 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$452.3 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3128409
Listed
May 26, 2026
Time on market
On the market for 97 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Williams Lake Realty · Data source: CREA DDF.

Description

Rarely available VACANT LAND!! 1.45 Acres located in an established neighbourhood. This property features a large flat area with plenty of space to design your idea build, an old barn with character and established garden. You'll enjoy privacy, convenience and endless potential on this exceptional site. Land like this is rarely available. (id:63159)

Location Insights

Weather

Partly Cloudy

15°C

Partly Cloudy

Humidity 70%

Wind ESE 19 km/h

Tonight

10°

Tuesday

23°

Tuesday night

13°

Wednesday

23°

Wednesday night

12°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

10,947

(2021 Census)

+1.8% since 2016

Density: 330.5/km²

Dwellings: 5,066

Median household income: $76,500

After-tax: $69,000

Immigrant population: 8.9%

Top countries of origin (% of total population)

  • India2.1% · 235
  • United States of America1.1% · 125
  • United Kingdom1% · 110
  • Philippines0.8% · 85
  • South Africa, Republic of0.4% · 45
  • Germany0.4% · 40
  • Korea, South0.3% · 35
  • Netherlands0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Mountview ElementaryElementary848 m
Cariboo Adventist Academy(Independent)K-121.9 km
Chilcotin Road ElementaryElementary2.9 km
Maranatha Christian School(Independent)Elementary/Middle3.0 km
Skyline Alternate SchoolSecondary3.6 km
Marie Sharpe ElementaryElementary3.8 km
Lake City SecondaryElementary3.9 km
Sacred Heart Catholic School(Independent)Elementary3.9 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.

School district: Cariboo-Chilcotin (SD27)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($5,350) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$85,600.00
Periodic payment — Principal & Interest (monthly)$552.26
Additional monthly expenses (strata, tax, utilities, etc.)$37.69
Total monthly cost$589.95
Interest paid over 5-yr term$24,533.21
Balance at end of term$76,997.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,350
Stress test qualifying rate8.09%
Payment you must qualify for$781.65

Cash Needed at Closing

Minimum down payment$5,350
Estimated BC PTT$1,070
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,920

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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