Ideally located in a great Gibsons neighbourhood, this 3-bedroom, 2-bathroom home offers over 2,000 sq. ft. of potential for those ready to roll up their sleeves. A true carpenter’s dream, the home features a functional layout with generous living spaces, a stone fireplace, and a large south-facing deck. While some updates have been started—many areas now need attention, making this an excellent opportunity to bring your vision, skills, and creativity to life. A spacious lower-level family/rec room, and a private yard backing onto green space, add to the appeal. Conveniently close to parks, the school bus stop, and just minutes to the ferry. This property is being sold as is, where is. A solid project in a sought-after location, ready for its next chapter.
General Info
Price
$640,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
2071
Lot Size
8013
Lot Size Depth
Feet
Lot Size Frontage
47.43
Basement
Full
Basement Features
-
Property Metrics
Year Built
1981
Age Of Building
45
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3067119
Building Name
-
Area
Sunshine Coast
Neighbourhood
Gibsons & Area
City
Gibsons
Postal Code
V0N 1V1
Price per Sqft
$309
Gross Taxes
$4,533.44
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
2
Heating Type
Electric, Other, Wood
Utilities
Utility Type
Electricity Connected, Water Connected
Utility Sewer
Septic Tank
Water (WaterSource)
Public
Parking
Parking Type
Carport Single, Other, Side Access, Aggregate
Total Parking Spaces
3
Rooms
Floor
Type
Dimensions
Main Level
Living Room
13' x 13' ft
Main Level
Dining Room
6' x 6' ft
Main Level
Primary Bedroom
11' x 11' ft
Main Level
Bedroom
10' x 10' ft
Basement Level
Recreation Room
10'6 x 10'6 ft
Basement Level
Bedroom
10'6 x 10'6 ft
Basement Level
Utility
10'6 x 10'6 ft
Main Level
Kitchen
8' x 8' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Listed by: RE/MAX City Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Neighborhood & Transit Info
Public Schools
Secondary
Chatelech Secondary School
20.52 km
Elementary
École du Pacifique
20.21 km
Elementary
École du Pacifique
20.21 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary, Secondary
Mulgrave School
23.29 km
Elementary, Secondary
Mulgrave School
23.29 km
Closest Transit
Bus Stop
Marine at Harvey (SB)
0.44 km
Skytrain
Skytrain @ Burrard Stn
31.06 km
Crime Rate
Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average
Demographics
Post-Secondary Education
Average
27.9%
No Certificate/Degree
Below Average
8.2%
Owner Occupied
Below Average
42.5%
Employment Rate
Below Average
35.8%
Noise/ Power Lines
Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely
Other
Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$378
Maintenance fee0
Financing 80% of the $640,000 asking price over 30 years at 4% results in approximately $2,822/month in total estimated carrying costs, $378 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
This listing generates an estimated $2,462/month in rental income, leaving a -$466/month cashflow at current carrying costs. Investors targeting break-even would need roughly 36% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$640,000
Gibsons
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Gibsons & Area
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3 comparable Single Family Residences are currently active in Gibsons & Area, with a median asking price of $763,333. This property is listed 16.2% below the local average and 16.2% below the Gibsons average. This property is flagged as a Hot Deal (5.9% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 538 Reed Road, Gibsons, BC?
The closest top-rated schools are Chatelech Secondary School and École du Pacifique.
Is 538 Reed Road, Gibsons, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 538 Reed Road, Gibsons, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,840.
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