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 56% above the median of $67 across the 28 active lots VanPlex is showing in Gibsons, and puts it 21 of 28 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.