- Active
840 Mary Road
Gabriola Island · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 1,102
- Built
- 1989
Listed by Royal LePage Nanaimo Realty (NanIsHwyN) · MLS® 1032008
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Sign inAbout this home
Looking for a well-located family home, retirement option, or investment property? This recently renovated 3-bedroom, 2- full bathroom home offers a practical layout with updated finishes throughout. The primary bedroom includes a walk-in closet and private ensuite, providing a comfortable and functional space. The home also features a large deck overlooking a level 0.41-acre lot with plenty of room for outdoor use, gardening, or future ideas. Steps from Gabriola’s 707-acre park with an extensive network of walking trails, this property is ideal for those who enjoy easy access to nature. Located within walking distance to Gabriola Elementary School and just a short distance to local shops and amenities, the home offers both convenience and flexibility for a range of buyers.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 1,102 sq ft
- Lot size
- 17,860 sq ft
- Year built
- 1989
- Parking
- 4
- Property type
- Single Family
- Area
- Gabriola Island
- Listed
- April 15, 2026
- Structure
- House
- PID
- 003-312-313
- Common interest
- Freehold
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- 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
- $3,010
- Property tax
- $183/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,343
Purchase snapshot
- List price
- $635,000
- Down payment
- $127,000 (20%)
- Estimated mortgage
- $508,000
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
- $1,298 a month
- Gross yield
- 2.5%
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 · 53%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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