Property Type: Land / LotOwnership: Freehold

4875 SANDERSON ROAD

Texada Island, BC

$344,000

0 bed0 bath0 sqft
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Property Details

Property & Lot

Lot size
1.03 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,281

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
19927
Listed
June 4, 2026
Time on market
On the market for 89 days
Data last synced
August 28, 2026

Listing provided by: 2% REALTY PACIFIC COAST · Data source: CREA DDF.

Description

1-Acre Serviced Lot in Gillies Bay, Discover the perfect coastal getaway on beautiful Texada Island. Over half of this 1+ acre property has already been cleared and is ready for your dream home, ideally positioned to capture views toward Gillies Bay. A permitted septic system designed to accommodate a 3-bedroom home plus electrical service has already been installed, making this property even more desirable to build. The remaining portion of the property features two fully serviced RV sites, each with water, sewer, and 50-amp power, allowing you to enjoy the property while you build. Located directly across from the beach and just steps from scenic walking trails, this unique property offers an exceptional opportunity for recreation, investment, or future development in one of Texada Island's most desirable seaside communities. (id:63159)

Location Insights

Weather

Nearest station: Powell River

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 100%

Wind NE 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Texada ElementaryElementary10.5 km
Kelly Creek Community SchoolElementary13.6 km
Powell River Christian School(Independent)Elementary/Middle15.1 km
Westview ElementaryElementary16.1 km
Westview Learning CentreElementary16.1 km
Assumption School(Independent)Elementary17.2 km
Cote-du-SoleilElementary/Middle17.5 km
Edgehill ElementaryElementary19.4 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: Powell RIver (SD47)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$275,200.00
Periodic payment — Principal & Interest (monthly)$1,775.50
Additional monthly expenses (strata, tax, utilities, etc.)$106.75
Total monthly cost$1,882.25
Interest paid over 5-yr term$78,873.11
Balance at end of term$247,543.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,200
Stress test qualifying rate8.09%
Payment you must qualify for$2,512.98

Cash Needed at Closing

Minimum down payment$17,200
Estimated BC PTT$4,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,580

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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