- Active
387 Lyngail Place
Gabriola Island · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 1,126
- Built
- 1972
Listed by Royal LePage Nanaimo Realty Gabriola · MLS® 1044413
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
A cozy Gabriola Island retreat offering charm, comfort, and an affordable opportunity to embrace island living. Situated in a quiet neighbourhood on a level lot, this inviting 2-bedroom, 1-bathroom home is the perfect place to enjoy the peaceful lifestyle that makes Gabriola so special. Offering a warm and welcoming feel, this charming home is ideal for first-time buyers, downsizers, or those looking for a weekend getaway. The property provides space to relax, garden, or create your own island sanctuary. Enjoy being close to beautiful beaches, scenic trails, shopping, and local amenities while still experiencing the privacy and tranquility of a quiet island neighbourhood. Affordable, well located, and full of potential, this delightful home is a wonderful opportunity to make your island dreams a reality.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 1,126 sq ft
- Year built
- 1972
- Parking
- 3
- Property type
- Single Family
- Area
- Gabriola Island
- Style
- Cottage
- Listed
- July 28, 2026
- Structure
- House
- PID
- 003-368-327
- Common interest
- Freehold
Features and inclusions
- Appliances
- Range - Electric
- Heating
- Electric
- Cooling
- None
- Lot
- Level lot, 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
- $2,555
- Property tax
- $158/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,863
Purchase snapshot
- List price
- $539,000
- Down payment
- $107,800 (20%)
- Estimated mortgage
- $431,200
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
- $800 a month
- Gross yield
- 1.8%
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 · 52%
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.
