538 Reed Rd, Gibsons BC - Single Family Residence for Sale - MLS# R3067119
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Listing updated:
EstateBlock checked:
3
Beds
2
Baths
2071
sqft
309
$
/sqft
1981
built
Closed
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This property sold for
$●●●,●●●
Listing updated:
EstateBlock checked:
Photo
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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
20.52 km
Elementary
École du Pacifique
20.21 km
Elementary
École du Pacifique
20.21 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
23.29 km
9.7/10
Elementary, Secondary
Mulgrave School
Above Average
23.29 km
9.7/10
Closest Transit
Bus Stop
Marine at Harvey (SB)
0.44 km
Skytrain
Skytrain @ Burrard Stn
31.06 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average
Demographics
Post-Secondary Education
Average
27.9%
No Certificate/Degree
Below Average
8.2%
Owner Occupied
Below Average
42.5%
Employment Rate
Below Average
35.8%
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
—
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 — 31.06 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
170 DOM
Slower than area
Gibsons & Area avg
54 DOM
Average
Gibsons avg
54 DOM
Faster market
538 Reed 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 (9 nearby)
Bus stop marine at harvey (sb)
· 439 m · Transit
Bus stop marine at harvey (nb)
· 475 m · Transit
Bus stop marine at church (wb)
· 497 m · Transit
Groceries (1 nearby)
Persephone tasting room
· 901 m · Beverages
Schools NearBy
5 Schools are within 3km
School
Type
Grades Served
Catchment Info
Rating
Distance
Continuing Ed SD 46
Public
Grades Served
—
Catchment Info
—
0
Distance
1.12 KM
Sunshine Coast Alternative School
Public
Grades Served
—
Catchment Info
—
4.0/ 10
Distance
1.12 KM
Spider
Public
Grades Served
—
Catchment Info
—
7.0/ 10
Distance
1.12 KM
Elphinstone Secondary School
Public
Grades Served
7-12
Catchment Info
—
6.2/ 10
Distance
1.41 KM
Gibsons Elementary School
Public
Grades Served
K-7
Catchment Info
—
6.6/ 10
Distance
1.56 KM
Mortgage Calculator for 538 Reed Road
/month
Principal & Interest
Property Taxes$378
Maintenance fee0
Financing 80% of the $640,000 asking price over 30 years at 4% results in approximately $2,822/month in total estimated carrying costs, $378 property tax.
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 Payment0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,339/month in rental income, leaving a -$589/month cashflow at current carrying costs. Investors targeting break-even would need roughly 40% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 538 Reed Road, Gibsons
Buy Vs Rent Calculator
—/ month
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Own
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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
This Home
Gibsons
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Gibsons & Area
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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
