- Active
Lot 6 Spruce Avenue
Gabriola Island · Vacant Land
- Lot size
- 18,308 ft²
Listed by Royal LePage Nanaimo Realty Gabriola · MLS® 1036850
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Sign inAbout this home
Tucked into a quiet, established neighbourhood in the north end of Gabriola Island, this 0.42-acre lot is the kind of property that rewards the patient buyer — one who has been waiting for the right piece of land in the right place. Gently sloping and beautifully treed with cedar, the lot has a natural warmth to it. East-facing aspect, paved road access, and a street of established homes surrounding it — the bones are all here. Zoned SRR, it suits a primary residence or cottage retreat equally well, and the gentle topography makes for a more straightforward build than many lots on the island. Shopping and services are close by, and the Nanaimo ferry terminal is just minutes away. Gabriola is 25 minutes by ferry — close enough to the city for convenience, far enough for the life you are actually after. All data and measurements are approximate and are to be verified if important.
Home facts
- Lot size
- 18,308 sq ft
- Property type
- Vacant Land
- Area
- Gabriola Island
- Listed
- May 14, 2026
- PID
- 003-269-345
- Common interest
- Freehold
Features and inclusions
- Parking
- None
- Lot
- Wooded area, Sloping, See remarks, 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
- $995
- Property tax
- $58/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,203
Purchase snapshot
- List price
- $209,900
- Down payment
- $41,980 (20%)
- Estimated mortgage
- $167,920
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
- $644 a month
- Gross yield
- 3.7%
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 · 59%
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.
