Property Type: Detached HouseOwnership: Freehold

685 Rollo Rd

Gabriola Island, BC V0R1X3

$699,900

3 bed2 bath4 parking1,527 sqftBuilt 2017
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Property Details

Property & Lot

Sub-type
House
Lot size
17,860 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,621

Interior

Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
Utility roomMain level7'10
StorageMain level5'5 x 8'10
Primary BedroomMain level15'1 x 13'6
Living roomMain level15'6 x 18'1
Laundry roomMain level9'3 x 4'11
KitchenMain level11'6
EntranceMain level4'1
Dining roomMain level9'9
BedroomMain level13'6 x 8'11
BedroomMain level12'5 x 10'1
EnsuiteMain level5-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1044257
Listed
July 26, 2026
Time on market
On the market for 37 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Welcome to 685 Rollo Road, a beautifully maintained 3-bedroom rancher built in 2017, offering the ease of one-level living in Gabriola's sought-after north end. The bright, open-concept layout is warm and inviting, with elegant marble countertops and a heat pump providing year-round heating and air conditioning. Storage is abundant with the impressive almost full-height crawl space, offering incredible flexibility for a workshop, hobby room, home gym, or seasonal storage. The spacious double garage provides plenty of room for vehicles, tools, and recreational gear. Set on a level, low-maintenance 0.49-acre lot, you'll spend more time enjoying island life and less time on yard work. Conveniently located within walking distance to the 707 trail network, ball fields, school, and shopping, this move-in-ready home offers comfort, functionality, and an exceptional location (id:63159)

Values & Trends

This listing

$458/sqft

Building average

No other active listings in this building

Gabriola Island average

$595/sqft

35 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

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 85%

Wind N 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Gabriola ElementaryElementary1.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.5 km
Cedar SecondarySecondary8.0 km
Pauline Haarer ElementaryElementary9.3 km
Bayview ElementaryElementary9.3 km
Fulford Community ElementaryElementary9.6 km
Cedar ElementaryElementary9.7 km
Chase River ElementaryElementary9.8 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

Parks (3)

  • Rollo McClay Community Park · 1100 McClay Way281 m
  • Sandwell Provincial Park Parking631 m
  • The Strand Community Park760 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$377.75
Total monthly cost$3,990.16
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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