5205 GILLIES BAY ROAD
Texada Island, BC V8A1W0
$329,000
Property Details
Property & Lot
- Lot size
- 1 acres
- Frontage
- 109 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,271
Interior
- Fireplace
- None
Listing Information
- MLS®
- 19324
- Listed
- September 7, 2025
- Time on market
- On the market for 358 days
- Data last synced
- August 28, 2026
Listing provided by: ROYAL LEPAGE POWELL RIVER · Data source: CREA DDF.
Description
Discover the unparalleled beauty and tranquility of coastal living with this exceptional 1-acre legacy property in the heart of Gillies Bay on Texada Island. Perched above the bay, this gently sloped property offers sweeping views of the Salish Sea and is nestled on a quiet road just minutes from the village center. This rare parcel combines privacy with convenience; water and power are already in place and the lot has been meticulously manicured in preparation for your project. The registered building scheme allows for recreational or residential use; whether you're dreaming of building a full-time residence, seasonal getaway, or holding as an investment in BC's last affordable island gem, this lot provides the perfect canvas. With its west-facing exposure, natural landscape, and peaceful surroundings, this property captures everything that makes island living so special. Embrace the pace of life in a friendly, close-knit, island community; call for more information today! (id:63159)
Location Insights
Weather
Nearest station: Powell River
13°C
Mostly Cloudy
Humidity 100%
Wind ESE 6 km/h
Tonight
12°
Tuesday
21°
Tuesday night
15°
Wednesday
17°
Wednesday night
12°
Thursday
17°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Texada Elementary | Elementary | 10.5 km |
| Kelly Creek Community School | Elementary | 13.3 km |
| Powell River Christian School(Independent) | Elementary/Middle | 15.0 km |
| Westview Elementary | Elementary | 16.0 km |
| Westview Learning Centre | Elementary | 16.0 km |
| Assumption School(Independent) | Elementary | 17.1 km |
| Cote-du-Soleil | Elementary/Middle | 17.4 km |
| Edgehill Elementary | Elementary | 19.2 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($16,450) — 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.