Property Type: Detached HouseOwnership: Freehold

585 ERRINGTON WAY

Gambier Island, BC V0N1V0

$1,200,000

3 bed2 bath0 parking1,028 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
4.97 acres
Frontage
96 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,557.94 (2025)

Interior

Heating
Electric, Wood
Fireplace
Yes (1)

Exterior & Lot

View
View
Waterfront
Waterfront

Parking

Total spaces
0

Listing Information

MLS®
R3137423
Listed
June 18, 2026
Time on market
On the market for 74 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Experience ultimate coastal living at 585 Errington Way in Sunset Estates on Gambier Island. This southwest-facing waterfront gem spans 5 private acres in Long Bay, boasting unforgettable sunsets and unmatched accessibility-just 20 minutes from Vancouver via private boat or water taxi. Powered by an impressive solar system and fully serviced with a drilled well and septic, this turn-key 2022 modular home features 3 beds, 1.5 baths, a cozy fireplace, and a primary bedroom with endless views. Enjoy summer fun from your deep-water dock with a 12.5'x30' concrete float, or host barbecues at the waterfront deck and boathouse. Also accessible by road to the Fircom community dock, there´s nothing left to do but swim and relax. Call today! (id:63159)

Values & Trends

This listing

$1,167/sqft

Building average

No other active listings in this building

Gambier Island average

$1,101/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

Nearest station: Gibsons

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.

Nearby Schools

SchoolTypeDistance
Island Pacific School(Independent)Middle7.7 km
Bowen Island Community SchoolElementary7.8 km
Langdale ElementaryElementary8.6 km
Lions Bay SchoolElementary9.2 km
Gleneagles ElementaryElementary10.9 km
Sunshine Coast Alternative SchoolK-1212.1 km
Gibsons ElementaryElementary12.2 km
Elphinstone SecondarySecondary12.2 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: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$347.50
Total monthly cost$6,541.09
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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