Property Type: Detached HouseOwnership: Freehold

722 WEST BAY ROAD

Gambier Island, BC V0N1V4

$699,000

3 bed1 bath5 parking1,074 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Lot size
7.83 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,662.61 (2024)

Interior

Heating
Electric
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
5

Listing Information

MLS®
R3089286
Listed
February 12, 2026
Time on market
On the market for 201 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Masters Realty · Data source: CREA DDF.

Description

OVER 7.5 ACRES on Gambier Island! Perfect for a large homestead, farm, or for a vacation property to share with friends! Properties this size and close to the water taxi are seldom available. Charming, well-kept and turnkey, 3-bedroom cabin with a large patio overlooking a sprawling lawn, pond, and fenced garden. New roof + gutters (2024)! Level, second building site with easy road access and beautiful forest views offers the ability to build a second residence. Just a short trip from Horseshoe Bay, and only a 5-minute walk from the Stormaway Water Taxi. Enjoy all that Gambier has to offer: exploring nearby beaches, hiking trails, beautiful forest walks, and berry picking in your own backyard! Dream big, there are endless possibilities with this much space! (id:63159)

Values & Trends

This listing

$651/sqft

Building average

No other active listings in this building

Gambier Island average

$1,204/sqft

5 active listing(s)

Parking: 5 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: 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
Langdale ElementaryElementary3.6 km
Sunshine Coast Alternative SchoolK-127.8 km
Elphinstone SecondarySecondary7.8 km
Gibsons ElementaryElementary7.9 km
Island Pacific School(Independent)Middle9.9 km
Cedar Grove ElementaryElementary10.1 km
Bowen Island Community SchoolElementary10.3 km
Lions Bay SchoolElementary14.3 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: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$275.88
Total monthly cost$3,883.65
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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