Property Type: Detached HouseOwnership: Freehold

9025 Gilgan St

Honeymoon Bay, BC V0R3E1

$1,250,000

5 bed2 bath10 parking3,766 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
5 acres
Zoning
Unknown

R2 Suburban Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,642

Interior

Heating
Propane, Wood, Other
Cooling / A/C
None
Fireplace
Yes (4)

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
BathroomMain level3-Piece
StorageMain level15'7 x 7'8
Laundry roomMain level15'11 x 7'7
Dining roomMain level9'1 x 16'10
KitchenMain level11'4
Living roomMain level20'4
BedroomMain level17'8 x 16'3
BedroomMain level10'1 x 12'4
BedroomAuxiliary Building18'11 x 18'6
BedroomAuxiliary Building9'3
WorkshopMain level29'7 x 29'5
SaunaMain level9'3
LoftSecond level8'2
EnsuiteMain level3-Piece
Primary BedroomMain level15'1 x 12'8

Listing Information

MLS®
1034213
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Welcome to a truly one of a kind Vancouver Island retreat. Set on 5 private acres just past Honeymoon Bay and within walking distance to Cowichan Lake, this exceptional property blends lifestyle, recreation, and income potential in a way that is rarely offered. At the heart of the property is a beautifully maintained log home surrounded by your own private forest of mature trees, creating a peaceful and secluded setting. The home offers warmth and character throughout, with vaulted ceilings, natural wood finishes, and a timeless cabin feel that perfectly suits the West Coast environment. Designed for both personal enjoyment and hosting, the property features three established camping sites, a fully equipped glamping yurt, a bunkhouse, and multiple accessory buildings. Whether you are looking to create a family retreat, operate a short term rental business, or simply enjoy the space with friends, the flexibility here is exceptional. Outdoor living is a major highlight with a dedicated sauna and cold plunge area, allowing you to fully embrace the natural surroundings. The property is level and usable with plenty of room for recreation, storage, and expansion. Offered as a true turnkey package, the property includes a wide range of recreational equipment and tools, including a motor boat with trailer, paddle boards, ATV, side by side, and more, allowing you to step in and immediately enjoy everything this property and surrounding area have to offer. Located in the historic Caycuse area, this is a rare opportunity to secure a private, fully equipped acreage steps from one of Vancouver Island’s most sought after lakes. A property like this offers not just a home, but a complete lifestyle. (id:63159)

Values & Trends

This listing

$332/sqft

Building average

No other active listings in this building

Honeymoon Bay average

$584/sqft

5 active listing(s)

Parking: 10 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: Duncan

14°C

Humidity 86%

Wind NNW calm 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
Lake Cowichan ElementaryElementary24.4 km
Lake Cowichan SecondaryElementary24.4 km
Palsson ElementaryElementary24.4 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: Cowichan (SD79)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$491.50
Total monthly cost$6,943.16
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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