303 875 Gibsons Way, Gibsons BC – Condo for Sale – MLS® R3178766

303 875 Gibsons Way, Gibsons, British Columbia V0N 1V7

1 day on the market
$549,999
Est. Mortgage $2,433/mo
Listing updated:
EstateBlock checked:
Soames Place
2 Beds
2 Baths
977 sqft
563 $ /sqft
486.47 $ Maint. fee
2015 built
NEW
1 day on the market
$549,999
Est. $2,433/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 303 875 Gibsons Way

Soames Place, right in the heart of Gibsons! It offers such a bright and welcoming urban-style living opportunity in a well built building with 28 residential units and 4 commercial units below. Convenient elevator access takes you up to a bright 977 sq ft home featuring 2 bedrooms, 2 bathrooms, a charming 54 sq ft balcony, and great exposure throughout.The building features a distinct 'West Coast' vibe with beautiful interior finishes including quartz countertops, laminate flooring, stainless steel appliances, and high ceilings. This unit is very quiet and clean, plus it's conveniently located close to local restaurants, shopping, schools, and the bus route. You'll also enjoy handy bike storage and plenty of parking if you have a car. Come have a look!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $549,999
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 977
Year Built 2015
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Bike Room, Maintenance Grounds, Management
Building Name Soames Place
Ownership Type Freehold Strata
Maintenance Fee $486.47
Community Features Independent living
Amenities Nearby Bike Room, Maintenance Grounds, Management
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 28

Lot & Land

MLS® # R3178766
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V7
Gross Taxes $3,577.28
Zoning C-1

Property Timeline

Status Date Price
R3178766 / Active 10-27-2026 $549,999
Rooms
Floor Type Dimensions
Main Level Kitchen 13' x 13' ft
Main Level Dining Room 10' x 10' ft
Main Level Living Room 14' x 14' ft
Main Level Primary Bedroom 24' x 24' ft
Main Level Walk-In Closet 10' x 10' ft
Main Level Bedroom 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #5

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: Soames Place

875 Gibsons Way, Gibsons & Area, Gibsons

Soames Place building details

Building

Built
2015
Homes
32 in 4 storeys
Construction
Frame - Wood, Concrete
Title
Freehold Strata
Strata plan
EPS2799
Managed by
Holywell Property Management
Parking
Garage Underbuilding
Lockers
Limited
Strata fee covers
ManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Soames Place

For sale
1
Median ask
$550K
Median $/sqft
$563
Days on market
1
Sold, past year
3
This home

$563/sqft, in line with the building median of $563.

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

Map & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
Average 19.69 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 24.22 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 24.22 km 9.2/10

Closest Transit

Bus Stop
Gibsons at Farnham (EB)
0.14 km
Skytrain
Skytrain @ Burrard Stn
31.75 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

32 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $494,999
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 31.75 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
1 DOM
Very fast
Gibsons & Area avg
13 DOM
Average
Gibsons avg
13 DOM
Slower market

303 875 Gibsons Way has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 10% above comparable active properties in Gibsons & Area. 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 1V7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0N 1V7, 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 (~4.6 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.

Nearby Restaurants, Cafes & Shops

Transit (22 nearby)

  • Bus stop gibsons at farnham (eb) · 139 m · Transit
  • Bus stop gibsons at farnham (wb) · 166 m · Transit
  • Bus stop gibsons at shaw (eb) · 229 m · Transit

Shopping (18 nearby)

  • The lashious lounge · 128 m · Beauty Shop
  • Rbc · 234 m · Bank
  • Cibc · 259 m · Bank

Restaurants (13 nearby)

  • Won japanese restaurant · 160 m · Restaurant
  • Patra pizza & curry house · 229 m · Restaurant
  • Subway · 245 m · Fast Food

Groceries (5 nearby)

  • Bc liquor store · 294 m · Beverages
  • Supervalu gibsons · 333 m · Supermarket
  • Gibsons landing sunday market · 844 m · Convenience

Cafes (5 nearby)

  • Fresh · 239 m · Cafe
  • Sheer bliss bakery cafe ltd · 542 m · Cafe
  • More cafe & bakeshop · 788 m · Cafe

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

195 m

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

—
6.2 / 10

Distance

434 m

Continuing Ed SD 46

Public

Grades Served

—

Catchment Info

—
N/A

Distance

608 m

Sunshine Coast Alternative School

Public

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

608 m

Spider

Public

Grades Served

—

Catchment Info

—
7.0 / 10

Distance

608 m

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

1.98 KM

Walkability & Transit Near 303 875 Gibsons Way

Walk Score Badge
Car-Dependent 70

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 303 875 Gibsons Way

/month
Principal & Interest
Property Taxes $298
Maintenance fee 486.47
Financing 80% of the $549,999 asking price over 30 years at 4% results in approximately $2,885/month in total estimated carrying costs, $298 property tax, $486 maintenance 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

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,064/month in rental income, leaving a -$875/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 303 875 Gibsons Way, Gibsons

Buy Vs Rent Calculator

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

Rent vs own

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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 $549,999
Gibsons Loading...
Gibsons & Area Loading...

Based on 2 comparable active apartments/condos in Gibsons & Area, the average asking price is $500,000. This listing is priced 10% above the neighbourhood average.

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 303 875 Gibsons Way

Walk Score Badge
Car-Dependent 70

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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