Property Type: Land / LotOwnership: Freehold

LOT G COTTON BAY ROAD

Gambier Island, BC V0N1V0

$399,000

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Property Details

Property & Lot

Lot size
16 acres
Frontage
0 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,822.66 (2026)

Interior

Fireplace
None

Exterior & Lot

View
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Listing Information

MLS®
R3130133
Listed
June 1, 2026
Time on market
On the market for 91 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

Stunning 16.01-acre building lot in newly developed Cotton Bay on Gambier Island. Offering beautiful views of Thornbrough Channel through to Willamsons Landing. Ready for your dream project with a cleared building site, established driveway, drilled well , and power at the lot line. Zoned for 2 dwellings, offering incredible versatility. Bonus: features a rock quarry on the NE side. Enjoy an idyllic coastal lifestyle within walking distance to the New Brighton community dock and community center. Excellent cell service and easy commuting with daily foot ferry access to the Langdale Ferry terminal and scheduled water taxis. Don't miss this rare Gambier Island opportunity! Call for an info package today! Price EXCLUDES GST. Great cell service & no foreign buyer ban or EHT (id:63159)

Location Insights

Weather

Nearest station: Gibsons

16°C

Humidity 83%

Wind NW 5 km/h

Tonight

13°

Tuesday

20°

Tuesday night

14°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Lions Bay SchoolElementary11.2 km
Langdale ElementaryElementary12.5 km
Bowen Island Community SchoolElementary15.8 km
Island Pacific School(Independent)Middle15.8 km
Sunshine Coast Alternative SchoolK-1216.9 km
Elphinstone SecondarySecondary16.9 km
Gibsons ElementaryElementary17.0 km
Gleneagles ElementaryElementary18.2 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: Sunshine Coast (SD46)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$151.89
Total monthly cost$2,211.26
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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