Property Type: Land / LotOwnership: Freehold

LOT 3 SEYMOUR ROAD

Gabriola Island, BC V0R1X6

$739,000

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Property Details

Property & Lot

Lot size
4.97 square feet
Frontage
0 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,473.91 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3027402
Listed
July 16, 2025
Time on market
On the market for 411 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Saba Realty Ltd. · Data source: CREA DDF.

Description

A truly unique and picturesque acreage on Gabriola Island awaits! 4.97 acres ocean view property with stunning 180 degree southern view of the Southern Gulf Islands and Vancouver Island. Bring your ideas and build your dream home on this gorgeous and spacious property! Enjoy views, fresh air, private environment and (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.

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Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$591,200.00
Periodic payment — Principal & Interest (monthly)$3,814.22
Additional monthly expenses (strata, tax, utilities, etc.)$206.16
Total monthly cost$4,020.38
Interest paid over 5-yr term$169,439.62
Balance at end of term$531,786.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,306.63

Cash Needed at Closing

Minimum down payment$48,900
Estimated BC PTT$12,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,180

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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