Property Type: Land / LotOwnership: Freehold

966 Harrison Way

Gabriola Island, BC V0R1X2

$269,000

0 bed0 bath3 parking
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Property Details

Property & Lot

Lot size
18,643 square feet
Zoning
Unknown

SRR

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$731.39

Interior

Fireplace
None

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Listing Information

MLS®
1037022
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

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

Description

Nestled on a beautifully tiered 0.43-acre property, this unique island offering combines convenience, functionality, and peaceful rural charm. Ideally located just minutes from the ferry, shopping, and local amenities, the property is well-equipped with a 12 GPM drilled well, septic system, and 200 amp electrical service already in place. The sunny property features a variety of fruit trees including apple, plum, pear and fig, creating a private and inviting outdoor setting. A serviced outbuilding with a bathroom and laundry hookups provides excellent flexibility and functionality, while a yurt structure adds additional space and character. With much of the essential infrastructure already established, this property offers many of the key components needed to comfortably enjoy the land while planning and building your future dream home. A rare opportunity to step into the Gulf Island lifestyle with services, convenience, and potential already waiting for you. (id:63159)

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 ElementaryElementary1.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.2 km
Bayview ElementaryElementary5.8 km
Pauline Haarer ElementaryElementary6.0 km
Cedar SecondarySecondary6.0 km
Fulford Community ElementaryElementary6.2 km
Park Avenue ElementaryElementary6.6 km
Chase River ElementaryElementary6.6 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: 5.0% ($13,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$215,200.00
Periodic payment — Principal & Interest (monthly)$1,388.40
Additional monthly expenses (strata, tax, utilities, etc.)$60.95
Total monthly cost$1,449.35
Interest paid over 5-yr term$61,676.94
Balance at end of term$193,573.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,965.09

Cash Needed at Closing

Minimum down payment$13,450
Estimated BC PTT$3,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,330

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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