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$2,500,000

879 Canso Rd

Gabriola Island · MLS® 1043806

4 bed · 3 bath · 3,712 sq ft · 2 sq ft lot · 8 parking

House · Single Family · built 2019 · 75 days on market

Listed by Sandy Berry, Sotheby's International Realty Canada

Welcome to 879 Canso Road—a breathtaking oceanfront retreat on stunning Gabriola Island! This private 2.2-acre estate showcases panoramic ocean, mountain and city views, vibrant sunsets, and abundant wildlife. Meticulously maintained, the property includes a quality-built main home, spacious carriage house, studio, and shop—ideal for artists, entrepreneurs, or potential B&B income. Features include HVAC, rainwater collection with 13,000-gal cistern, new secondary cistern system, filtration system, central vac, 100 KVA generator, security system, and gated entry with intercom. The chef’s kitchen boasts high-end appliances, a 6-burner commercial stove, quartz countertops, and an electric fireplace. Enjoy mature landscaping, fruit trees, berries, garden beds, and unfiltered outdoor oceanfront views. Experience spa-like coastal living in a truly special location. Words and photos can’t capture it all—come see it for yourself!

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,712 sq ft
Lot: 2 sq ft
Parking: 8
Year built: 2019
Property tax: $8,082 / yr
Days on market: 75
MLS®: 1043806

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: $1,811,000 · asking is +38%
Est. market value: $1,835,624houses on Vancouver Island sold at a median +1.4% vs assessment this past year (75 sales)
Price per sq ft: $673 vs $572 median for houses in Gabriola Island for sale (43)

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
Central location
Private setting
Other
Marine Oriented

On market 75 days · no price changes so far

$11,566/mo

Mortgage $10,892 · Tax $673

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

estimated payment

$10,892/ monthly

loan $2,000,000

25-year amortization

down payment20% · $500,00020%+ 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: $1,267,678
property transfer tax: $53,000; BC general rate
cash to close: $553,000; down + PTT
total paid: $3,267,678

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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