Property Type: Detached HouseOwnership: Freehold

697 Crestwood Rd

Gabriola Island, BC V0R1X4

$940,000

2 bed3 bath6 parking2,576 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Lot size
1.03 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,943

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Wall unit, Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
StorageMain level10'1 x 8'3
StorageMain level15'3 x 8'3
EnsuiteMain level6'6 x 10'4
Primary BedroomMain level15'3 x 15'7
OfficeMain level15'7 x 11'6
BedroomMain level13'3
BathroomMain level8'11 x 8'10
KitchenMain level9'8 x 16'1
Dining roomMain level18'10 x 12'8
Living roomMain level17'7 x 15'5
EntranceMain level15'3 x 6'7
SunroomLower level10'3 x 24'9
BathroomLower level5'4 x 5'5
Laundry roomLower level7'5
Family roomLower level15'7 x 13'10

Listing Information

MLS®
1043565
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

A Gardener’s Paradise on Gabriola Island where over an acre of fully fenced, thoughtfully cultivated grounds create a true gardener’s haven on beautiful Gabriola Island. Tucked behind two gated entrances, this private sanctuary has been lovingly designed for those who find joy in growing, tending, and living close to the land. Meandering brick pathways guide you through abundant garden beds, mature plantings, raised boxes, and carefully curated landscaping that offers colour and interest throughout the seasons. Koi ponds and a tranquil water feature add movement and serenity, while multiple outdoor sitting areas are perfectly positioned to pause, reflect, and admire the fruits of your labour. Whether you envision expanding the beds, adding specialty crops, or simply enjoying what’s already established, the groundwork for an extraordinary garden lifestyle is already here. Inside, vaulted ceilings and rich wood floors create a warm, welcoming backdrop to the natural beauty just beyond the windows. The open-concept living space flows seamlessly to tiled and bricked patios, making it easy to step out with your morning coffee and wander the grounds. Two propane fireplaces provide cozy comfort, while the gas (propane) stove and dedicated wine cellar make entertaining effortless after a rewarding day outdoors. The spacious primary suite offers a peaceful sitting room or office — ideal for planning next season’s plantings or enjoying a quiet moment overlooking the gardens. Practical features support your self-sufficient lifestyle, including a heat pump with three heads for year-round comfort, a newer septic system, two wells, and three cisterns to ensure a reliable water supply. A detached garage with loft adds valuable storage or workshop space for tools and creative projects. At 697 Crestwood Road, gardening isn’t just a hobby — it’s a way of life. This is a property where you can grow, gather, and truly put down roots in the heart of Gabriola. (id:63159)

Values & Trends

This listing

$365/sqft

Building average

No other active listings in this building

Gabriola Island average

$597/sqft

35 active listing(s)

Parking: 6 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.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary1.2 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.3 km
Cedar SecondarySecondary5.8 km
Bayview ElementaryElementary7.4 km
Fulford Community ElementaryElementary7.4 km
Chase River ElementaryElementary7.5 km
Pauline Haarer ElementaryElementary7.7 km
Cedar ElementaryElementary7.7 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: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($69,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$752,000.00
Periodic payment — Principal & Interest (monthly)$4,851.65
Additional monthly expenses (strata, tax, utilities, etc.)$457.58
Total monthly cost$5,309.23
Interest paid over 5-yr term$215,525.36
Balance at end of term$676,426.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,697.69

Cash Needed at Closing

Minimum down payment$69,000
Estimated BC PTT$16,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$87,300

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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