2 622 Farnham Rd, Gibsons BC V0N 1V8 – Condo for Sale – MLS® R3135639

2 622 Farnham Road, Gibsons, British Columbia V0N 1V8

153 days on the market
$379,000
Est. monthly cost $2,002/mo
Updated with MLS® -
Oceanview Classics
1 Beds
1 Baths
657 sqft
577 $ /sqft
267 $ Maint. fee
1992 built
8.7% price reduction
153 days on the market
$379,000
$415,000
Est. $2,002/mo with 20% down
Updated with MLS® -

Property Details for 2 622 Farnham Road

8.7% price reduction

Ground-level unit with a large, sunny patio offering mountain views and peek-a-boo water views. Conveniently located within walking distance to schools, shopping, the beach, and public transit. This well-managed building features a friendly community and allows both rentals and pets, making it an excellent opportunity for first-time buyers, retirees, or investors. The spacious layout includes a large bedroom, generous storage closet (could be used as an office or den), updated hardwood flooring, and a well-appointed kitchen. Quick possession available. Call today for more information or to schedule your viewing.

Building Details

Price $379,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 657
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Unit Style Inside unit
Property Type Residential
Architecture Style Ground Level Unit
Stories 0
Building Amenities Caretaker, Trash, Management, Snow Removal
Building Name Oceanview Classics
Ownership Type Freehold Strata
Maintenance Fee $267
Amenities Nearby Caretaker, Trash, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Sanitary Sewer
Water (WaterSource) Public
Parking Type Open, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 47

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Storage
Fireplace 0
Heating Type Baseboard, Electric
Laundry Common Area
# of Kitchens 1
Flooring Hardwood, Vinyl
Foundation Slab

Exterior Features

View Description PEEK A BOO OCEAN, MTN
Roof Metal
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3135639
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V8
Gross Taxes $2,497.43
Zoning MF

Property Timeline

Status Date Price
R3135639 / Active 06-12-2026 $379,000
Rooms
Floor Type Dimensions
Main Level Living Room 13' x 13' ft
Main Level Kitchen 8' x 8' ft
Main Level Dining Room 13' x 13' ft
Main Level Den 7'6 x 7'6 ft
Main Level Foyer 10' x 10' ft
Main Level Primary Bedroom 11'9 x 11'9 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.

About the building: Oceanview Classics

622 Farnham Road, Gibsons & Area, Gibsons

Oceanview Classics building details

Building

Built
1992
Homes
47
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
LMS514
Managed by
Self Managed
Parking
Visitor Parking, Open
Lockers
Limited
Strata fee covers
ManagementGardeningCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Oceanview Classics

For sale
3
Median ask
$445K
Median $/sqft
$551
Days on market
100
Sold, past year
2
This home

$577/sqft, 4.7% above the building median of $551.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 31.60 km · Chatelech Secondary School 6/10 · 19.85 km · crime below average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (27 nearby)

  • Bus stop gibsons at north (eb) · 152 m · Transit
  • Bus stop gibsons at farnham (wb) · 204 m · Transit
  • Bus stop gibsons at farnham (eb) · 208 m · Transit

Shopping (18 nearby)

  • The lashious lounge · 215 m · Beauty Shop
  • Rbc · 339 m · Bank
  • Cibc · 384 m · Bank

Restaurants (15 nearby)

  • Casa beto · 149 m · Restaurant
  • Won japanese restaurant · 313 m · Restaurant
  • Patra pizza & curry house · 329 m · Restaurant

Groceries (7 nearby)

  • Bc liquor store · 398 m · Beverages
  • Supervalu gibsons · 402 m · Supermarket
  • Gibsons landing sunday market · 724 m · Convenience

Cafes (4 nearby)

  • Fresh · 356 m · Cafe
  • Sheer bliss bakery cafe ltd · 714 m · Cafe
  • Molly’s reach by black bean · 817 m · Cafe

Public Schools

Secondary
Chatelech Secondary School
Average 19.85 km 6/10

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

Private Schools

Elementary, Secondary
Mulgrave School
Above Average 24.06 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 24.06 km 9.2/10

Closest Transit

Bus Stop
Gibsons at North (EB)
0.15 km
Skytrain
Skytrain @ Burrard Stn
31.60 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 24.2%
No Certificate/Degree
Average 13.4%
Owner Occupied
Below Average 51.3%
Employment Rate
Below Average 43.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
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 — 31.60 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GIBSONS & AREA compares
This property
153 DOM
Slower than area
Gibsons & Area avg
13 DOM
Average
Gibsons avg
13 DOM
Faster market

2 622 Farnham 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 5.1% and an area average of 13 days on market — buyers have more leverage. With only 39 competing homes currently listed, this property has relatively low competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V0N 1V8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0N 1V8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

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 (~4.5 km). Annual avg AQHI 0 — Low Risk.

Heat Low

Gibsons currently sees ~0 days above 30 °C per year (1981–2010 baseline), projected to rise to ~3 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~28.4 °C baseline, ~30.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~0 projected.

Precipitation Increasing

Annual precipitation ~2413 mm (1981–2010 baseline), projected ~2529 mm by the 2050s. Extreme 1-day rainfall: ~78.3 mm baseline, ~85.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~21 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Gibsons Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

100 m

Continuing Ed SD 46

Public

Grades Served

—

Catchment Info

—
N/A

Distance

428 m

Sunshine Coast Alternative School

Public

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

428 m

Spider

Public

Grades Served

—

Catchment Info

—
7.0 / 10

Distance

428 m

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

—
6.2 / 10

Distance

439 m

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

2.12 KM

Walkability & Transit Near 2 622 Farnham Road

Walk Score Badge
Very Walkable 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 56

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $2,002/month · rent estimate $1,576/month · owning catches up with renting by year 3 · cash flow if rented −$549/month

Mortgage Calculator for 2 622 Farnham Road

30-year fixed
$2,002 /month
Principal & Interest $1,527
Property Taxes $208
Maintenance fee $267

The estimated monthly cost of 2 622 Farnham Road, Gibsons is $2,002: $1,527 principal and interest with 20% down over 30 years at 4.45%, plus $208 property tax and $267 strata fee.

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

−$549 /month
Mortgage Payment $1,527
Monthly Cash Flow −$549
Break Even Down Payment 49%
Cap Rate -1.7%
Cash on Cash -8.7%

If 2 622 Farnham Road, Gibsons were rented at $1,576 a month with 5% vacancy, it would fall $549 a month short of the mortgage and carrying costs; about 49% 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 2 622 Farnham Road, Gibsons

$1,576 / month
Rent $1,576
Own $2,002
Principal: $491/mo Interest, tax, insurance, fees: $1,511/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$411/mo (year 1) → ~$956/mo (year 20) → ~$1,426/mo (year 29).

Net cost to own at year 5 ~$1,511/mo About $65/mo less than renting

EstateBlock estimates 2 622 Farnham Road, Gibsons would rent for about $1,576 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: 2 622 Farnham Road

Rent vs own

Owning catches up by year 3

With 20% down ($75,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $27,019
Principal paid off by year 10 $60,757

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.

Renting 2 622 Farnham Road, Gibsons is cheaper at first, but owning catches up by year 3, with $27,019 of principal paid off by year 5 and $60,757 by year 10.

Price vs Neighbourhood Average — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $379,000
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. This property is flagged as a Hot Deal (8.7% 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 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 2 622 Farnham Road

Walk Score Badge
Very Walkable 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 56

Bike Score - Bikeable

Some bike infrastructure

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