- Active
573 Horseshoe Road
Gabriola Island · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 3,100
- Built
- 2022
Listed by Sotheby's International Realty Canada · MLS® 1050689
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Sign inAbout this home
Gabriola Island Ocean Views!! Perched above Sandwell Provincial Park and Lock Bay, this stunning 5-acre ocean view property offers the perfect blend of privacy, beauty, and island living. A picturesque winding driveway welcomes you with custom rock features, a tranquil waterfall and pond leading to a newer 3,100+ sq.ft. single-level home bathed in sunshine. Inside, panoramic ocean views fill most rooms. The chef’s kitchen is a showstopper, featuring custom cabinetry, stainless appliances, a massive island with heated counters, and a seamless connection to the spectacular great room with its arched beams and one of three cozy fireplaces. This thoughtfully designed home includes 3 bedrooms and 3 spa-inspired bathrooms with heated floors, including a gorgeous primary suite. A spacious family/media room with an additional sitting area invites you to relax and take in the abundant wildlife and marine activity right outside your windows. Step outside to expansive decks, perfect for soaking in the sun and catching unforgettable sunrises. The gently sloping acreage is a blank canvas to create your dream oasis—space for gardens, recreation, or future projects, with plenty of parking. Modern comforts include a back-up generator, well and cistern water systems, a new shed with power and water, and an extra transformer to support your future garage or workshop. Gabriola’s friendly, artistic community, vibrant outdoor lifestyle, and convenient amenities make island living easy. You’re just a short commute to Nanaimo via two ferry options, or quick connections to the mainland via Hullo or Helijet. Discover the perfect balance of natural beauty, modern comfort, and endless possibility on this spectacular Gabriola Island property.
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 3,100 sq ft
- Year built
- 2022
- Parking
- 8
- Property type
- Single Family
- Fireplaces
- 2
- Area
- Gabriola Island
- Listed
- September 23, 2026
- Structure
- House
- PID
- 016-984-358
- Common interest
- Freehold
Highlights
- Ocean view
Features and inclusions
- Heating
- Heat Pump
- Cooling
- Air Conditioned
- Lot
- Acreage, Private setting, Other, Rectangular
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
- $8,982
- Property tax
- $550/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,682
Purchase snapshot
- List price
- $1,895,000
- Down payment
- $379,000 (20%)
- Estimated mortgage
- $1,516,000
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
- $1,086 a month
- Gross yield
- 0.7%
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 · 64%
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.
