Property Type: Detached HouseOwnership: Freehold

502 SPYGLASS PLACE

Gibsons, BC V0N1V9

$1,725,000

4 bed3 bath4 parking2,708 sqftBuilt 2022
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Amenities

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,718 square feet
Frontage
65 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,861.41 (2024)

Interior

Basement
Finished, Unknown, Unknown
Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3124274
Listed
May 15, 2026
Time on market
On the market for 108 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal LePage Sussex · Data source: CREA DDF.

Description

INCREDIBLE VALUE, priced well below replacement & construction cost, this stunning newly built home offers spectacular ocean/island views in a prime location. Boasting the highest quality, low maintenance construction with high-end finishes, the home features 17' vaulted ceilings & an abundance of natural light. The modern design includes a dream kitchen w/top-of-the-line appliances, quartz countertops & a huge pantry. Luxurious primary bedroom/ensuite, N/G furnace, A/C, LoE3-366 windows, 5" wide oak HW floors, "Jotul" N/Gas FP, electronic blinds, tons of storage. A separate suite provides flexibility for guests/potential rental income. Serviced by the famous Gibsons aquifer & on city sewer, ideally located walking distance to everything. Nothing to do but move in! (id:63159)

Values & Trends

This listing

$637/sqft

Building average

No other active listings in this building

Gibsons average

$725/sqft

84 active listing(s)

Parking: 4 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

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

4,758

(2021 Census)

+3.3% since 2016

Density: 1,103.9/km²

Dwellings: 2,482

Median household income: $70,000

After-tax: $63,200

Immigrant population: 21.3%

Top countries of origin (% of total population)

  • United Kingdom5.9% · 280
  • United States of America2% · 95
  • Philippines1.4% · 65
  • Germany1.2% · 55
  • Korea, South1.1% · 50
  • India0.9% · 45
  • South Africa, Republic of0.7% · 35
  • Poland0.6% · 30

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

6/9 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
Gibsons ElementaryElementary303 m
Sunshine Coast Alternative SchoolK-12415 m
Elphinstone SecondarySecondary608 m
Cedar Grove ElementaryElementary2.2 km
Langdale ElementaryElementary4.6 km
Roberts Creek ElementaryElementary9.8 km
Island Pacific School(Independent)Middle11.8 km
Bowen Island Community SchoolElementary12.6 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

Restaurants (5+)

  • The Mad Hen · 316 Gower Point Road390 m
  • Joe's Restaurant and Marine Bar · 292 Gower Point Road404 m
  • The Pink House · 280 Gower Point Road411 m
  • Sushi Bar Nagomi · 280 Gower Point Road413 m
  • Leo's Tapas & Grill Greek Cuisine · 274 Gower Point Road427 m

Cafes (3)

  • Sandy’s Bake Shoppe · 292 Gower Point Road418 m
  • Molly’s Reach by Black Bean · 647 School Road490 m
  • Fresh690 m

Grocery (2)

  • Shaggy Jack's Market647 m
  • SuperValu Gibsons743 m

Parks (5+)

  • Unnamed389 m
  • Unnamed446 m
  • Winegarden Waterfront Park453 m
  • Pioneer Park486 m
  • Dougall Park · 540 Gower Point Road697 m

Shopping (2)

  • Unnamed532 m
  • Sunnycrest Mall · 900 Gibsons Way728 m

Banks & ATMs (3)

  • RBC676 m
  • CIBC716 m
  • CIBC750 m

Nearby places data: © OpenStreetMap contributors.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($345,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,380,000.00
Periodic payment — Principal & Interest (monthly)$8,903.29
Additional monthly expenses (strata, tax, utilities, etc.)$706.78
Total monthly cost$9,610.08
Interest paid over 5-yr term$395,511.97
Balance at end of term$1,241,314.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$345,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,611.72

Cash Needed at Closing

Minimum down payment$345,000
Estimated BC PTT$32,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$379,000

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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