40 622 Farnham Rd, Gibsons BC - Apartment/Condo for Sale - MLS# R2842070

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Listing updated:
EstateBlock checked:
1 Beds
1 Baths
635 sqft
581 $ /sqft
198.91 $ Maint. fee
1991 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
19.85 km
Elementary
École du Pacifique
19.55 km
Elementary
École du Pacifique
19.55 km

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 24.05 km 9.7/10
Elementary, Secondary
Mulgrave School
Above Average 24.05 km 9.7/10

Closest Transit

Bus Stop
Gibsons at North (EB)
0.18 km
Skytrain
Skytrain @ Burrard Stn
31.59 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

38 / 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 — 31.59 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
260 DOM
Slower than area
Gibsons & Area avg
13 DOM
Average
Gibsons avg
13 DOM
Faster market

40 622 Farnham Road has a sell-speed score of 38/100, 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 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 (BC ENV 2024). 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.

Nearby Restaurants, Cafes & Shops

Transit (27 nearby)

  • Bus stop gibsons at north (eb) · 175 m · Transit
  • Bus stop gibsons at farnham (wb) · 218 m · Transit
  • Bus stop gibsons at farnham (eb) · 218 m · Transit

Shopping (18 nearby)

  • The lashious lounge · 223 m · Beauty Shop
  • Rbc · 349 m · Bank
  • Cibc · 392 m · Bank

Restaurants (15 nearby)

  • Casa beto · 174 m · Restaurant
  • Won japanese restaurant · 315 m · Restaurant
  • Patra pizza & curry house · 340 m · Restaurant

Groceries (7 nearby)

  • Bc liquor store · 409 m · Beverages
  • Supervalu gibsons · 417 m · Supermarket
  • Gibsons landing sunday market · 710 m · Convenience

Cafes (4 nearby)

  • Fresh · 364 m · Cafe
  • Sheer bliss bakery cafe ltd · 713 m · Cafe
  • Molly’s reach by black bean · 808 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

69 m

Continuing Ed SD 46

Public

Grades Served

Catchment Info

0

Distance

446 m

Sunshine Coast Alternative School

Public

Grades Served

Catchment Info

4.0 / 10

Distance

446 m

Spider

Public

Grades Served

Catchment Info

7.0 / 10

Distance

446 m

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

6.2 / 10

Distance

465 m

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.10 KM

Mortgage Calculator for 40 622 Farnham Road

/month
Principal & Interest
Property Taxes $191
Maintenance fee 198.91
A 20% down payment of $73,800 on this $369,000 listing yields an estimated mortgage of $1,409/month (30-year fixed, 4%). Total estimated housing cost: $1,799/month, $191 property tax, $199 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $1,458/month in estimated rental income against $1,842/month in mortgage payments, the monthly cashflow is -$384/month. A 42% 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 40 622 Farnham Road, Gibsons

Buy Vs Rent Calculator

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

Rent vs own

Principal paid off by year 5
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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
Gibsons Loading...
Gibsons & Area Loading...
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

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

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