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710 GIBSONS WAY, Gibsons

$775,000

This 7,405 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.

Investor Alert! This 3 bedroom family home with garden level suite ticking all the boxes for the shrewd investor or buyer looking for an entry-priced ocean and mountain VIEW property that's perfectly situated within walking distance to all the amenities of upper and lower Gibsons, schools, marina, beach, and public transportation. Set back from Gibsons Way for quiet and privacy this property has a large sunny backyard. In an area of mixed zoning and increased density, this is an excellent holding property and easily rented. Or, update to suit your taste, and move the family in to enjoy the vibrant, beautiful town of Gibsons, with sea views, festivals, and every sort of outdoor recreation nearby.

How this price compares

This lot asks $105 per square foot of lot. That is 8% above the median of $97 across the 29 active lots VanPlex is showing in Gibsons, and puts it 18 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
$775,000
Lot size
7,405 sqft
Lot dimensions
22 x
Frontage
22 ft
Bedrooms
3
Bathrooms
2
Year built
1970
MLS® area
Gibsons & Area
MLS® number
R3121623

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Listing data via MLS®. Displayed for information only.