Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

766 GERUSSI LANE

Gibsons, BC V0N1V7

$698,800

2 bed2 bath2 parking1,006 sqftBuilt 2013
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
0.1 square feet
Frontage
0 feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$50/mo
Annual property tax
$4,302.65 (2025)

Interior

Heating
Electric, Natural gas
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Carport

Restrictions & Policies

Pets
Allowed
Rentals
Allowed with restrictions
Age / occupancy
Adult-oriented (no young children)

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3159165
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Located in Parkland - one of Gibsons most sought-after neighborhoods -this charming rancher is just a short stroll to shops, grocery stores, walking trails, the recreation center, and local coffee spots. Perfect for first-time buyers, small families, retirees, or anyone looking to downsize and enjoy easy living. This detached home offers low-maintenance living with exceptionally low strata fees. The spacious primary bedroom features a large 3-piece ensuite, while the second bedroom offers flexibility as a guest room, home office, or hobby space. Complete with a single-car garage, this is a fantastic opportunity to enjoy comfortable, convenient living in a welcoming community. (id:63159)

Values & Trends

This listing

$695/sqft

Building average

No other active listings in this building

Gibsons average

$718/sqft

13 active listing(s)

Parking: 2 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

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.

Population

4,758

(2021 Census)

+3.3% since 2016

Density: 1,103.9/km²

Dwellings: 2,482

Median household income: $70,000

After-tax: $63,200

Immigrant population: 21.3%

Top countries of origin (% of total population)

  • United Kingdom5.9% · 280
  • United States of America2% · 95
  • Philippines1.4% · 65
  • Germany1.2% · 55
  • Korea, South1.1% · 50
  • India0.9% · 45
  • South Africa, Republic of0.7% · 35
  • Poland0.6% · 30

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

8/9 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
Elphinstone SecondarySecondary931 m
Sunshine Coast Alternative SchoolK-121.1 km
Gibsons ElementaryElementary1.2 km
Cedar Grove ElementaryElementary2.2 km
Langdale ElementaryElementary4.8 km
Roberts Creek ElementaryElementary8.5 km
Island Pacific School(Independent)Middle13.2 km
Bowen Island Community SchoolElementary13.9 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

Restaurants (1)

  • Baik Mi Korean Restaurant · 900 Sunnycrest Road770 m

Cafes (5+)

  • Tim Hortons456 m
  • Starbucks · 110 Gibsons Way;Hwy 101;Sunshine Coast Highway495 m
  • MORE Cafe & Bakeshop · 1057 Gibsons Way;Hwy 101;Sunshine Coast Highway517 m
  • Sheer Bliss Bakery Cafe Ltd · 1001 Gibsons Way572 m
  • Fresh792 m

Grocery (2)

  • IGA · 1100 Gibsons Way;Hwy 101;Sunshine Coast Highway442 m
  • SuperValu Gibsons765 m

Parks (3)

  • Unnamed · 790 Wright Road162 m
  • Unnamed · 1025 Goddard Road165 m
  • Brothers Park450 m

Shopping (4)

  • Unnamed241 m
  • FIELDS.ca288 m
  • Unnamed365 m
  • Sunnycrest Mall · 900 Gibsons Way763 m

Gyms (1)

  • C3 Gibsons · 1161 Sunshine Coast Highway689 m

Pharmacies (2)

  • Howe Sound Pharmacy256 m
  • London Drugs681 m

Banks & ATMs (4)

  • BMO565 m
  • Sunshine Coast Credit Union - Gibsons · 985 Gibsons Way;Hwy 101;Sunshine Coast Highway605 m
  • CIBC748 m
  • CIBC765 m

Nearby places data: © OpenStreetMap contributors.

School district: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,040.00
Periodic payment — Principal & Interest (monthly)$3,606.74
Additional monthly expenses (strata, tax, utilities, etc.)$458.55
Total monthly cost$4,065.29
Interest paid over 5-yr term$160,222.47
Balance at end of term$502,858.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,880
Stress test qualifying rate8.09%
Payment you must qualify for$5,028.42

Cash Needed at Closing

Minimum down payment$44,880
Estimated BC PTT$11,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,356

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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