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$1,195,000

5212 Gainsberg Rd

Bowser/Deep Bay, Bowser · MLS® 1048933

4 bed · 2 bath · 2,816 sq ft · 1 sq ft lot · 3 parking

House · Single Family · built 1942 · 17 days on market

Listed by Joanne Johnston, Royal LePage Island Living (QU)

THIS IS NOT A FIXER UPPER. Situated a short walk from Deep Bay Marina, this immaculate home blends Scandinavian efficiency with incredible space and versatility. Thoughtfully built and exceptionally insulated, the main residence expands to 2,816 sq. ft. thanks to a clever partial conversion of the massive attached garage. This flexible space makes room for extra family, a home business or serious hobbies. Set on a cleared, fully fenced, gated, and well drained 1.09 acres, with municipal water, this property is a dream for those seeking a peaceful oasis. You'll love the back garden and greenhouse along with a separate, professionally built 998sq. ft. three bay garage/ shop with bay doors. A homesteaders paradise - and on municipal water. Major modern updates include a new septic system in 2015, updated plumbing and electrical, fully renovated bathrooms, new flooring, and upgraded insulation. Cozy up by the propane fireplace and enjoy single level living with room to spare. This rare find is truly a must-see in person.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 2,816 sq ft
Lot: 1 sq ft
Parking: 3
Year built: 1942
Property tax: $2,789 / yr
Days on market: 17
MLS®: 1048933

The asking price is a long way from the assessment. That usually means the home has changed since the July 1 valuation date (a renovation, a new build, a subdivision), so we don't rate this one.

2026 assessment: $727,000 · asking is +64%
Est. market value: $736,885houses on Vancouver Island sold at a median +1.4% vs assessment this past year (75 sales)
Price per sq ft: $424 vs $547 median for houses in Bowser/Deep Bay for sale (20)

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.

Acreage
Level lot
Private setting
Partially cleared
Other
Rectangular

Found among the listing photos.

On market 17 days

$5,439/mo

Mortgage $5,207 · Tax $232

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

estimated payment

$5,207/ monthly

loan $956,000

25-year amortization

down payment20% · $239,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 6, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $605,950
property transfer tax: $21,900; BC general rate
cash to close: $260,900; down + PTT
total paid: $1,561,950

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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