1405 Velvet Rd, Gibsons BC - Single Family Residence for Sale - MLS# R3142180

68 days on the market
$999,000
Est. Mortgage $4,420/mo
Listing updated:
EstateBlock checked:
5 Beds
3 Baths
2746 sqft
364 $ /sqft
1972 built
68 days on the market
$999,000
Est. $4,420/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1405 Velvet Road

Welcome to 1405 Velvet Road in beautiful Gibsons. This well-maintained home with a ground-level suite offers breathtaking panoramic ocean views on a quiet, family-friendly street. The upper level features 3 bedrooms, 2 bathrooms, and bright, inviting living spaces, complemented by new landscaping. Below, a 2-bedroom walk-out suite provides excellent income or extended family potential and is situated on a generous 16,200 sq ft lot. This property offers flexibility, abundant storage, and long-term value. Just minutes to schools, the beach, and all the amenities Gibsons has to offer.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished, Partial, Exterior Entry
Fireplace 2
Heating Type Baseboard, Electric, Forced Air
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Panoramic Ocean Views
Roof Asphalt
Structures Residential Detached

Building Details

Price $999,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2746
Year Built 1972
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Carport Multiple, Open, Concrete, Gravel
Total Parking Spaces 4

Lot & Land

Lot Size 16200
Lot Size Depth Feet
Lot Size Frontage 92
MLS® # R3142180
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V0
Gross Taxes $4,586.07
Zoning R1

Property Timeline

Status Date Price
R3142180 / Active 06-30-2026 $999,000
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 21'1 x 21'1 ft
Main Level Dining Room 17'10 x 17'10 ft
Main Level Kitchen 12'6 x 12'6 ft
Main Level Primary Bedroom 12'7 x 12'7 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Foyer 6' x 6' ft
Below Kitchen 13'4 x 13'4 ft
Below Bedroom 12'8 x 12'8 ft
Below Bedroom 13'4 x 13'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4
Below No #4

Listed by: RE/MAX City Realty

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

Public Schools

Secondary
Chatelech Secondary School
Average 18.4 km 6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Regis Secondary School
Above Average 25.46 km 7.3/10
Elementary, Secondary
Mulgrave School
Above Average 26 km 9.2/10

Closest Transit

Bus Stop
King at Chaster (SB)
0.46 km
Skytrain
Skytrain @ Burrard Stn
33.17 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 17.6%
No Certificate/Degree
Above Average 17.1%
Owner Occupied
Below Average 56.1%
Employment Rate
Below Average 49.1%

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

44 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 33.17 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GIBSONS & AREA compares
This property
68 DOM
Average
Gibsons & Area avg
54 DOM
Average
Gibsons avg
54 DOM
Faster market

1405 Velvet Road has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.6% and an area average of 54 days on market — buyers have more leverage. With only 502 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Transit (6 nearby)

  • Bus stop king at chaster (sb) · 464 m · Transit
  • Bus stop king at chaster (nb) · 487 m · Transit
  • Bus stop chaster at 1190 blk (eb) · 836 m · Transit

Restaurants (1 nearby)

  • Chasters restaurant · 578 m · Restaurant

Schools NearBy

3 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

823 m

Gibsons Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.71 KM

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

6.2 / 10

Distance

2.87 KM

Walkability & Transit Near 1405 Velvet Road

Walk Score Badge
Car-Dependent 14

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
15

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1405 Velvet Road

/month
Principal & Interest
Property Taxes $382
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($199,800), the estimated monthly payment for this listing is $4,198/month — $3,816 principal & interest, $382 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 an estimated rental income of $4,693/month against $4,364/month in carrying costs, this property generates an estimated +$329/month positive cashflow.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1405 Velvet Road, Gibsons

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 — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $999,000
Gibsons Loading...
Gibsons & Area Loading...

No active comparable properties are currently available for this property type in Gibsons. The price evaluation chart will update as similar listings enter the market.

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 1405 Velvet Road

Walk Score Badge
Car-Dependent 14

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
15

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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