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$999,000

1405 VELVET ROAD

Gibsons · MLS® R3167795

5 bed · 3 bath · 2,746 sq ft · 16,200 sq ft lot · 4 parking

House · Single Family · built 1972 · 16 days on market

Listed by Jillian Dueck, RE/MAX City Realty

Welcome to 1405 Velvet Road in beautiful Gibsons. This well-maintained home with a ground-level suite offers breathtaking panoramic ocean views on a quiet, family-friendly street. The upper level features 3 bedrooms, 2 bathrooms, and bright, inviting living spaces, complemented by new landscaping. Below, a 2-bedroom walk-out suite provides excellent income or extended family potential and is situated on a generous 16,200 square ft lot. This property offers flexibility, abundant storage, and long-term value. Just minutes to schools, the beach, and all the amenities Gibsons has to offer.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,746 sq ft
Lot: 16,200 sq ft
Parking: 4
Year built: 1972
Property tax: $4,586 / yr
Days on market: 16
MLS®: R3167795

2026 assessment: $997,000 · asking is +0.2%
Price per sq ft: $364 vs $563 median for houses in Gibsons for sale (108)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 16 days

Listed now: 57 days; median for 109 houses for sale; this one 16 days

Houses in Gibsons. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$4,735/mo

Mortgage $4,353 · Tax $382

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,353/ monthly

loan $799,200

25-year amortization

down payment20% · $199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,564
property transfer tax: $17,980; BC general rate
cash to close: $217,780; down + PTT
total paid: $1,305,764

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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