LT 2 Seymour Rd, Gabriola Island BC - Land for Sale - MLS# R2980921

533 days on the market
$550,000
Est. Mortgage $2,433/mo
Listing updated:
EstateBlock checked:
Legends
0 sqft
24.6% price reduction
533 days on the market
$550,000
$729,000
Est. $2,433/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for LT 2 Seymour Road

24.6% price reduction

A truly unique and picturesque acreage on Gabriola Island awaits! 5.7 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 West Coast Islands lifestyle in the best neighbourhood. Accessible by a 20 minute ferry ride from Nanaimo or a 15 minute float plane trip from YVR Airport's south terminal. The Island has all amenities; local elementary school, lumber yard, community centre, grocery store, medical clinic, fire hall, golf course, etc. Geotech and Archeological studies completed.

Exterior Features

Exterior Features Private Yard
View Description SOUTHERN GULF & VANCOUVER ISLA
Structures Land Only

Building Details

Price $550,000
Property Type Land
Building Name Legends
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Lot & Land

Lot Size 5.7
Lot Size Depth Feet
MLS® # R2980921
Area Islands-Van. & Gulf
Neighbourhood Gabriola Island
City Gabriola Island
Postal Code V0R 1X6
Gross Taxes $2,097.5
Zoning RR

Property Timeline

Status Date Price
R2980921 / Active 03-22-2025 $550,000

Listed by: Saba Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary
St Regis Secondary School
Above Average 44.4 km 7.3/10
Elementary, Secondary
St George's School
Above Average 47.46 km 10/10

Closest Transit

Bus Stop
Woobank at Holden Corso (NB)
4.09 km
Skytrain
Skytrain @ Yvr-Airport Stn
47.91 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Average 28.5%
No Certificate/Degree
Below Average 9.8%
Owner Occupied
Below Average 40.9%
Employment Rate
Below Average 25.3%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

47 / 100
Overall sell-speed score
Moderate pace expected
D
Price competition grade
Avg comparable: $471,350
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 47.91 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GABRIOLA ISLAND compares
This property
533 DOM
Listed
Gabriola Island avg
Gabriola Island avg

LT 2 Seymour Road has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 14.3% above comparable active properties in Gabriola Island. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Walkability & Transit Near LT 2 Seymour Road

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
12

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for LT 2 Seymour Road

/month
Principal & Interest
Property Taxes $175
Maintenance fee 0
A 20% down payment of $110,000 on this $550,000 listing yields an estimated mortgage of $2,101/month (30-year fixed, 4%). Total estimated housing cost: $2,276/month, $175 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,064/month in estimated rental income against $2,367/month in mortgage payments, the monthly cashflow is -$303/month. A 32% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for LT 2 Seymour Road, Gabriola Island

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Gabriola Island, Gabriola Island

Beds Home Types Square Feet Lot Size Year Built
This Home $550,000
Gabriola Island Loading...
Gabriola Island Loading...

Based on 2 comparable active properties in Gabriola Island, the average asking price is $481,000. This listing is priced 14.3% above the neighbourhood average. This property is flagged as a Hot Deal (24.6% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near LT 2 Seymour Road

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
12

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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