Property Type: Detached HouseOwnership: Freehold

765 Captain Ahab's Terr

Gabriola Island, BC V0R1X5

$664,900

3 bed2 bath4 parking1,248 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Lot size
16,553 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,085.9

Interior

Heating
Heat Pump, Electric, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
BathroomMain level3-Piece
Dining roomMain level15'1
Living roomMain level15'1 x 18'3
BedroomMain level9'5 x 13'3
BedroomMain level8'8 x 13'8
Primary BedroomMain level12'6 x 13'8
Laundry roomMain level
KitchenMain level

Listing Information

MLS®
1037045
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty Ltd. · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. A lovely updated 3-bedroom 1.5-bath Rancher located on stunning Gabriola Island with a tranquil Beach just a 2-minute walk away. Close to parks & trails,7 minutes to ferry and the village. Many updates to list: new windows, gutters, kitchen, bathroom & laundry. Sunny & bright open plan, large windows, vaulted ceiling, local rock fireplace feature with heat pump & woodstove. Luxurious shower room with heated towel rail, heated floors, moisture sensor extractor fan & floating vanity. Separate powder room with timer extractor fan. Fully fitted laundry room & top-of-the-range heat pump washer dryer. Dual fuel generator with electrical panel switch. Beautiful treed lot fully fenced & apple & cherry trees. Deck on 2 sides. South facing sunken patio. Gardener's paradise with 24 ft x 14 ft deer-proof gardening area with large cedar raised beds. Large workshop/studio with power, water & purpose-built work benches. Greenhouse, ample water from a deep well with cistern for rooftop rainwater collection. A must see. (id:63159)

Values & Trends

This listing

$533/sqft

Building average

No other active listings in this building

Gabriola Island average

$593/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

13°C

Partly Cloudy

Humidity 88%

Wind WSW 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

11

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 ElementaryElementary3.3 km
Qwam Qwum Stuwixwulh Community SchoolElementary8.2 km
Cedar SecondarySecondary8.5 km
Cedar ElementaryElementary9.9 km
Bayview ElementaryElementary10.7 km
Pauline Haarer ElementaryElementary10.8 km
Fulford Community ElementaryElementary10.8 km
Chase River ElementaryElementary10.9 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 (4)

  • Captain Ahab's Terrace Community Park · 1486 Moby Dick's Way157 m
  • Town-Ho End Community Park · 1463 Town-Ho End184 m
  • Blue Whale Community Park · 1574 Whalebone Drive359 m
  • Hummingbird Community Park · 1612 Whalebone Drive638 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($41,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$531,920.00
Periodic payment — Principal & Interest (monthly)$3,431.77
Additional monthly expenses (strata, tax, utilities, etc.)$319.16
Total monthly cost$3,750.93
Interest paid over 5-yr term$152,449.80
Balance at end of term$478,463.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,793.80

Cash Needed at Closing

Minimum down payment$41,490
Estimated BC PTT$11,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,288

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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