508 PRATT ROAD
Gibsons, BC V0N1V4
$1,290,000
Property Details
Property & Lot
- Lot size
- 9.75 acres
- Frontage
- 330 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,678.75 (2024)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R2974244
- Listed
- March 6, 2025
- Time on market
- On the market for 544 days
- Tax assessment year
- 2024
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Unlock the potential of this sunny, level 9.75-acre agricultural reserve in Gibsons, with 8% of the property allocated for commercial use-an ideal opportunity for a mixed farm business. Just a short walk from local amenities, shopping centre , next to cider manufacture, he property permits one primary residence and an auxiliary dwelling, with specific restrictions on a second dwelling. . It features a dilapidated 60 x 24 mobile home (exempt from the manufactured home act) and a large barn (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Gibsons average
$300/sqft
1 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
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
19
5/9 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
| School | Type | Distance |
|---|---|---|
| Cedar Grove Elementary | Elementary | 1.1 km |
| Elphinstone Secondary | Secondary | 1.2 km |
| Gibsons Elementary | Elementary | 1.2 km |
| Sunshine Coast Alternative School | K-12 | 1.3 km |
| Langdale Elementary | Elementary | 5.6 km |
| Roberts Creek Elementary | Elementary | 8.6 km |
| Island Pacific School(Independent) | Middle | 13.1 km |
| Bowen Island Community School | Elementary | 13.8 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
Cafes (4)
- MORE Cafe & Bakeshop · 1057 Gibsons Way;Hwy 101;Sunshine Coast Highway564 m
- Starbucks · 110 Gibsons Way;Hwy 101;Sunshine Coast Highway615 m
- Tim Hortons622 m
- Sheer Bliss Bakery Cafe Ltd · 1001 Gibsons Way668 m
Grocery (1)
- IGA · 1100 Gibsons Way;Hwy 101;Sunshine Coast Highway675 m
Shopping (1)
- Unnamed764 m
Gyms (1)
- C3 Gibsons · 1161 Sunshine Coast Highway639 m
Banks & ATMs (2)
- BMO650 m
- Sunshine Coast Credit Union - Gibsons · 985 Gibsons Way;Hwy 101;Sunshine Coast Highway690 m
Nearby places data: © OpenStreetMap contributors.
School district: Sunshine Coast (SD46)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($104,000) — 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.