$1,990,000
35.2% price reduction
508 Pratt Rd, Gibsons, BC
$1,290,000
Est. Mortgage /mo
MLS# R2974244
0
sqft
Property Details & Specs
35.2% price reduction
Exceptional 9.75 Acres of ALR Land.. Unlock the potential of this sunny, level 9.75-acre agricultural reserve in Gibsons, with 8% of the property allocated for commercial use—an ideal opportunity for a mixed farm business. Just a short walk from local amenities, shopping centre , next to cider manufacture, this location is perfect for various business ventures. The property permits one primary residence and an auxiliary dwelling, with specific restrictions on a second dwelling. Accessed via Mahan Road, the flat and cleared lot is ready for development. It features a dilapidated 60 x 24 mobile home (exempt from the manufactured home act) and a large barn, offering both challenges and opportunities.
Property Timeline
Listed by: Sutton Group-West Coast Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Neighborhood & Transit Info
Public Schools
- Secondary
- Chatelech Secondary School
- 19.07 km
- Elementary
- École du Pacifique
- 18.77 km
- Elementary
- École du Pacifique
- 18.77 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Mulgrave School
- Above Average
- 24.97 km
- Elementary, Secondary
- Mulgrave School
- Above Average
- 24.97 km
Closest Transit
- Bus Stop
- Pratt at Fircrest (NB)
- 0.36 km
- Skytrain
- Skytrain @ Burrard Stn
- 32.37 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Below Average
Demographics
- Post-Secondary Education
- Below Average
- 17.6%
- No Certificate/Degree
- Above Average
- 17.1%
- Owner Occupied
- Below Average
- 56.1%
- Employment Rate
- Below Average
- 49.1%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Possible
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$307
Maintenance fee
0
Financing 80% of the $1,290,000 asking price over 30 years at 4% results in approximately $5,234/month in total estimated carrying costs, $307 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $4,024/month in rental income, leaving a -$1,374/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,290,000
Gibsons
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Gibsons & Area
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25 comparable Lands are currently active in Gibsons & Area, with a median asking price of $770,989. This property is listed 67.3% above the local average and 67.3% above the Gibsons average. This property is flagged as a Hot Deal (35.2% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Listing Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 508 Pratt Road, Gibsons, BC?
The closest top-rated schools are Chatelech Secondary School and École du Pacifique.
Is 508 Pratt Road, Gibsons, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 508 Pratt Road, Gibsons, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,740.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
