Property Type: Land / LotOwnership: Freehold

LT A North Rd

Gabriola Island, BC V0R1X3

$375,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
5.15 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,744.04

Interior

Fireplace
None

Listing Information

MLS®
1045203
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

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

Description

Discover the possibilities on this private 5.15-acre property, fully treed and abundant with native ferns. With road frontage and access from two separate sides, this unique parcel offers flexibility for your building plans while maintaining a peaceful, natural setting. Whether you're looking to create your island getaway or a full-time home surrounded by nature, this property provides a quiet, wooded backdrop with plenty of space to explore and enjoy. Zoning allows for single family home, secondary suite and 3 accessory buildings plus buildings for agriculture. Perfect for a car free lifestyle as it is a short cycling distance to the village, ferry and beaches. (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 ElementaryElementary2.4 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.2 km
Cedar SecondarySecondary7.6 km
Cedar ElementaryElementary9.1 km
Bayview ElementaryElementary9.8 km
Fulford Community ElementaryElementary9.8 km
Chase River ElementaryElementary9.9 km
Pauline Haarer ElementaryElementary9.9 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% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$145.34
Total monthly cost$2,080.83
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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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