Property Type: Detached HouseOwnership: Freehold

980 coats Dr

Gabriola Island, BC V0R1X3

$849,900

2 bed2 bath4 parking1,677 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
5 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,480

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomSecond level12'8
BedroomSecond level15'4
Primary BedroomSecond level12'8
Laundry roomMain level6'1
BathroomMain level4'5 x 4'10
KitchenMain level14'4
Dining roomMain level13'9
Living roomMain level
DenMain level7'5

Listing Information

MLS®
1044631
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Set on a private 5-acre parcel on Gabriola Island, this well-laid-out 1,677 sq. ft. 2-bedroom plus den home offers a balance of privacy and convenience close to local amenities. The wood-sided home with a metal roof is centrally located near the golf course, cidery, and island trail network. A winding driveway leads you through the property and opens into a circular drive, with a detached 22' x 20' garage/workshop providing excellent space for storage or projects. Inside, the functional layout is ideal for everyday living. The main level features a spacious kitchen with ample counter space, flowing into the dining area with sliding doors that open onto the patio—perfect for indoor-outdoor living. The living room is warmed by a propane stove and offers peaceful views over the surrounding forest and clearings. This level also includes a den or office, a laundry room with sink, and a 2-piece bathroom. Upstairs, you’ll find a generously sized primary bedroom with plenty of storage, a second bedroom, and a large bathroom. The level acreage offers a mix of open and treed areas with established paths throughout, creating a private and usable landscape. There are plum trees, a garden area with room to expand, and a natural pond that fills seasonally in the winter months. The property is serviced by a well and septic system. Full Information package, virtual tour and floor plans available. Buyers to verify all information that is deemed important. (id:63159)

Values & Trends

This listing

$507/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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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 ElementaryElementary2.8 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.9 km
Cedar SecondarySecondary5.2 km
Cedar ElementaryElementary6.7 km
Chase River ElementaryElementary7.8 km
Fulford Community ElementaryElementary8.0 km
Bayview ElementaryElementary8.4 km
Park Avenue ElementaryElementary8.8 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 (1)

  • Coats Marsh Regional Park547 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$374.00
Total monthly cost$4,760.61
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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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