LOT 7 KING ROAD

Gibsons · MLS® R3167376

37,781 sq ft lot

Land · Vacant Land · 20 days on market

Listed by Deb Mowbray, RE/MAX City Realty

Realtor's description

DEVELOPMENT OPPORTUNITY! Rare 3/4 acre private lot just minutes from Gibsons and the Langdale ferry (great for commuters). Zoning allows 2 full-sized dwellings, each with a suite, offering exceptional flexibility for investors, builders or multigenerational families. Potential to stratify-selling one dwelling creates an attractive opportunity to build & retain, or develop & sell. Higher elevation allows for potential south & east facing views towards Cypress Mntn & Vancouver Isl. from this peaceful setting. Convenient private road access off North King Road. Excellent location + substantial land + exciting development potential. No building scheme. Septic covenants already registered. Gas/hydro/water/Telus at lot line. Seller can provide design/permits and build to suit with 2-5-10 Warr.

Property details

Type: Land, Vacant Land
Lot: 37,781 sq ft
Parking: 0
Property tax: $2,500 / yr
Days on market: 20
MLS®: R3167376

Features

Central location

Property insights

On market 20 days

The market here

Listed now: 128 days; median for 39 homes for sale; this one 20 days

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

Monthly cost

$2,691/mo

Mortgage $2,483 · Tax $208

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

estimated payment

$2,483/ monthly

loan $455,920

25-year amortization

down payment20% · $113,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $288,980
property transfer tax: $9,398; BC general rate
cash to close: $123,378; down + PTT
total paid: $744,900

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.