416 MARINE DRIVE, Gibsons
$1,499,000
This 1,400 sqft property in Gibsons is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Situated in the heart of picturesque Gibsons Landing,this rare waterfront property offers a unique blend of commercial & residential space.Featuring commercial premises at street level & a well-appointed 2-bedroom suite below,the property enjoys uninterrupted harbour views & generous outdoor living.An expansive waterfront deck overlooks the marina, potential for private mooring buoy. Currently leased at $4,950 per month,the property has been extensively rebuilt & upgrades,include a re-engineered foundation,seismic improvements,updated plumbing & electrical,in-floor radiant heat & new windows throughout.Enjoy the quintessential Lower Gibsons lifestyle with the boardwalk,marina,cafés,restaurants just steps from your door.This sale does not include the business.
How this price compares
This lot asks $1,071 per square foot of lot. That is 1003% above the median of $97 across the 29 active lots VanPlex is showing in Gibsons, and puts it 28 of 29 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,499,000
- Lot size
- 1,400 sqft
- Lot dimensions
- 20 x 70
- Frontage
- 20 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1921
- MLS® area
- Gibsons & Area
- MLS® number
- R3138645
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Listing data via MLS®. Displayed for information only.