- Active
323 Davis Road
Gabriola Island · Vacant Land
- Lot size
- 16,988 ft²
Listed by Royal LePage Nanaimo Realty Gabriola · MLS® 1048176
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Island Living Starts Here! Discover the opportunity to build your dream home or island getaway on this 0.39-acre SRR-zoned lot in a desirable Gabriola Island neighbourhood. Whether you're planning a full-time residence, weekend retreat, or investment, this property offers the opportunity to create a home that suits your vision. Adding to the property's appeal are a 5th wheel trailer, RV carport, and storage building, providing functionality for recreational use or as a base while planning your future home. An older septic system is in place, 100 amp electric is connected, and a cistern provides water storage, giving you a head start as you explore the possibilities. Just minutes from beaches, the Malaspina galleries, parks, walking trails, shops, restaurants, and the ferry terminal, enjoy the relaxed West Coast lifestyle Gabriola Island is known for. Bring your ideas and discover the possibilities this unique property offers in one of British Columbia's most desirable communities.
Home facts
- Lot size
- 16,988 sq ft
- Parking
- 5
- Property type
- Vacant Land
- Area
- Gabriola Island
- Listed
- September 1, 2026
- PID
- 003-001-997
- Common interest
- Freehold
Features and inclusions
- Lot
- Central location, Level lot, Park setting, Wooded area, Corner Site, Partially cleared, Other
Rooms and building
- Water
- Zoning
- Unknown
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
- $1,564
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,814
Purchase snapshot
- List price
- $329,900
- Down payment
- $65,980 (20%)
- Estimated mortgage
- $263,920
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
- 2.0%
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 · 56%
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.
