Property Type: Detached HouseOwnership: Freehold

811 Canso Rd

Gabriola Island, BC V0R1X2

$895,000

2 bed1 bath4 parking864 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Lot size
0.93 acres
Zoning
Residential

SRR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,161

Interior

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

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
StudioOther
BedroomMain level9'6
OfficeMain level9'5 x 5'5
BedroomMain level9'4 x 9'6
Living roomMain level
Dining roomMain level
KitchenMain level
EntranceMain level5'5 x 7'2
BathroomMain level3-Piece
Laundry roomMain level7'8 x 9'5

Listing Information

MLS®
1028546
Listed
April 12, 2026
Time on market
On the market for 142 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty Gabriola · Data source: CREA DDF.

Description

Perched along the shoreline, this West Coast Cottage captures panoramic views of ocean, islands, and city lights. Set on 0.92 of an acre, this private and beautifully maintained property offers a quintessential island setting, where arbutus, fir, and pine trees frame mossy rock outcroppings along the high bank waterfront. The 2-bedroom, 1-bathroom wood sided cabin with metal roof features vaulted wood ceilings and expansive windows that fill the space with natural light and create a warm, modern feel. The contemporary kitchen opens to the main living space, where a heat pump and woodstove provide year-round comfort. Patio doors lead to a generous deck—perfect for taking in passing ferries, coastal wildlife, and evening sunsets. An office with a view and spacious laundry room add flexibility for everyday living or working from home.The property also features a 24x20 double garage featuring a heated concrete floor, and a detached 19x12 studio with its own deck and attached carport. Additional features include a septic system (installed 2005), woodshed and pumphouse. A rare offering that blends privacy, usable space, and stunning coastal views in a sought-after Gabriola waterfront location. All information to be verified by a buyer if deemed important. Full information packages with video, virtual tour and floor plans are available. (id:63159)

Values & Trends

This listing

$1,036/sqft

Building average

No other active listings in this building

Gabriola Island average

$578/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.

Nearby Schools

SchoolTypeDistance
Gabriola ElementaryElementary2.2 km
Pauline Haarer ElementaryElementary5.4 km
Bayview ElementaryElementary5.5 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.8 km
Fulford Community ElementaryElementary6.1 km
Brechin ElementaryElementary6.2 km
Park Avenue ElementaryElementary6.3 km
Fairview ElementaryElementary6.4 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: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$389.75
Total monthly cost$5,009.14
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

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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