1440 Velvet Rd, Gibsons BC V0N 1V5 – House for Sale – MLS® R3149923

1440 Velvet Road, Gibsons, British Columbia V0N 1V5

112 days on the market
$939,000
Est. monthly cost $3,784/mo
Updated with MLS® -
2 Beds
1 Baths
1068 sqft
879 $ /sqft
1980 built
112 days on the market
$939,000
$979,000
Est. $3,784/mo with 20% down
Updated with MLS® -

Property Details for 1440 Velvet Road

Welcome to 1440 Velvet Road — a fully renovated Lindal home on a private half-acre at the end of a quiet Gibsons cul-de-sac. Renovated in 2023, this sun-drenched retreat pairs timeless post-and-beam architecture with clean, modern finishes. Wake up to ocean views and fall asleep to the sound of Chaster Creek. Enjoy end-of-road privacy with no through-traffic, while staying close to everything Gibsons has to offer. Soaring windows flood the home with natural light and frame the view, while the half-acre lot offers space to garden, entertain, or enjoy nature. Located in the sought-after Cedar Grove catchment, this is a rare opportunity to embrace a true West Coast lifestyle — renovated, move-in ready, and connected to the rhythm of Howe Sound.

Building Details

Price $939,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1068
Year Built 1980
Age Of Building 46
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Loft
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Carport Single, Open
Total Parking Spaces 2

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

View Description Ocean
Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 20473
Lot Size Depth Feet
Lot Size Frontage 58
MLS® # R3149923
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V5
Gross Taxes 0
Zoning R2

Property Timeline

Status Date Price
R3149923 / Active 07-24-2026 $939,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Kitchen 11'7 x 11'7 ft
Main Level Living Room 20'9 x 20'9 ft
Main Level Primary Bedroom 13' x 13' ft
Main Level Bedroom 10' x 10' ft
Main Level Laundry 12' x 12' ft
Above Level Loft 15'8 x 15'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level 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, sell speed & climate

SkyTrain 33.33 km · Chatelech Secondary School 6/10 · 18.24 km · crime below average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (5 nearby)

  • Bus stop king at chaster (sb) · 623 m · Transit
  • Bus stop king at chaster (nb) · 640 m · Transit
  • Bus stop king at kearton (sb) · 911 m · Transit

Restaurants (1 nearby)

  • Chasters restaurant · 473 m · Restaurant

Public Schools

Secondary
Chatelech Secondary School
Average 18.24 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 25.62 km 7.3/10
Elementary, Secondary
Mulgrave School
Above Average 26.17 km 9.2/10

Closest Transit

Bus Stop
King at Chaster (SB)
0.62 km
Skytrain
Skytrain @ Burrard Stn
33.33 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
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 33.33 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
112 DOM
Slower than area
Gibsons & Area avg
54 DOM
Average
Gibsons avg
54 DOM
Faster market

1440 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 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 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.

Climate Risk for V0N 1V5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0N 1V5, over the next 30 years.

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Sechelt" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Langdale Elementary, Langdale (~7.2 km). Annual avg AQHI 0 — Low Risk.

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

981 m

Gibsons Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

2.83 KM

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

—
6.2 / 10

Distance

2.96 KM

Walkability & Transit Near 1440 Velvet Road

Walk Score Badge
Almost All Errands Require a Car 15

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 14

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $3,784/month · rent estimate $3,515/month · owning nets $750/month less than renting · cash flow if rented −$601/month

Mortgage Calculator for 1440 Velvet Road

30-year fixed
$3,784 /month
Principal & Interest $3,784
Property Taxes $0
Maintenance fee $0

The estimated monthly cost of 1440 Velvet Road, Gibsons is $3,784: $3,784 principal and interest with 20% down over 30 years at 4.45%.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$601 /month
Mortgage Payment $3,784
Monthly Cash Flow −$601
Break Even Down Payment 33%
Cap Rate -0.8%
Cash on Cash -3.8%

If 1440 Velvet Road, Gibsons were rented at $3,515 a month with 5% vacancy, it would fall $601 a month short of the mortgage and carrying costs; about 33% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1440 Velvet Road, Gibsons

$3,515 / month
Rent $3,515
Own $3,784
Principal: $1,217/mo Interest, tax, insurance, fees: $2,567/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,019/mo (year 1) → ~$2,369/mo (year 20) → ~$3,534/mo (year 29).

Net cost to own at year 5 ~$2,567/mo About $948/mo less than renting

EstateBlock estimates 1440 Velvet Road, Gibsons would rent for about $3,515 a month.

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.

Rent vs own: 1440 Velvet Road

Rent vs own

Owning nets $750/mo less than renting

With 20% down ($187,800) at 4.45%: $2,765/mo net cost to own in year 1 vs $3,515/mo rent

Principal paid off by year 5 $66,942
Principal paid off by year 10 $150,531

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 1440 Velvet Road, Gibsons nets about $750 a month less than renting it in year 1, with $66,942 of principal paid off by year 5 and $150,531 by year 10.

Price vs Neighbourhood Average — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $939,000
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 Greater Vancouver REALTORS® 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 1440 Velvet Road

Walk Score Badge
Almost All Errands Require a Car 15

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Bike Score Badge
Somewhat Bikeable 14

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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