Property Type: Land / LotOwnership: Freehold

Lot 13 Easthom Rd

Gabriola Island, BC V0R1X2

$699,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.92 acres
Zoning
Unknown

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,118

Interior

Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1030977
Listed
April 3, 2026
Time on market
On the market for 150 days
Data last synced
August 28, 2026

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

Description

Set on 0.92 acres, this private waterfront property offers a rare opportunity to secure a beautiful stretch of Gabriola shoreline. A winding pathway leads from the road through the property to the water’s edge, creating a natural sense of arrival and connection to the coastal setting. The property captures the essence of island living, with a peaceful, treed landscape and the potential to create your own retreat in a sought-after waterfront location. Located on Gabriola—known as the “Isle of the Arts”—this vibrant island community offers a unique blend of creativity and natural beauty, along with convenient access to Nanaimo via a two-vessel ferry service with frequent sailings. Whether you’re looking to build or hold for the future, this is a special offering with direct access to the shoreline. An excellent opportunity on its own or in combination with the neighbouring property. All information to be verified by the buyer if deemed important. (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 ElementaryElementary2.1 km
Pauline Haarer ElementaryElementary5.5 km
Bayview ElementaryElementary5.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.0 km
Fulford Community ElementaryElementary6.3 km
Brechin ElementaryElementary6.3 km
Fairview ElementaryElementary6.5 km
Park Avenue ElementaryElementary6.5 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: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$259.83
Total monthly cost$3,867.60
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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