- Active
10 Decourcy Drive
Gabriola Island · Vacant Land
Listed by Royal LePage Nanaimo Realty Gabriola · MLS® 1029027
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Sign inAbout this home
Set along the shores of Pilot Bay, this 0.54-acre south-facing waterfront property offers an exceptional opportunity to enjoy Gabriola’s coastal lifestyle. With sandy access to Gabriola Sands Provincial Park (Twin Beaches) just below, this is a setting that captures everything buyers are searching for—sun exposure, shoreline access, and proximity to some of the island’s most loved beaches. A partially renovated studio is already in place, featuring a newer roof, siding, windows, and a spacious deck positioned to take in the ocean views, including a distant glimpse of the lighthouse. The property is serviced with 200-amp power, no septic or water system is in place. Private, peaceful, and conveniently located just minutes to the ferry and Village Centre, this is a rare chance to secure a waterfront holding property in a highly desirable area. The property is being sold as is where is. All information to be verified by a buyer if deemed important.
Home facts
- Parking
- 3
- Property type
- Vacant Land
- Area
- Gabriola Island
- Listed
- March 20, 2026
- PID
- 004-799-038
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
Features and inclusions
- Parking
- RV
- Lot
- Central location, Level lot, Southern exposure, Other
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $3,313
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,663
Purchase snapshot
- List price
- $699,000
- Down payment
- $139,800 (20%)
- Estimated mortgage
- $559,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $560 a month
- Gross yield
- 1.0%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 62%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
