Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

501 North Rd, Gabriola Island, BC, V0R 1X0

MLS® # 970609
Vacant Land For Sale In Gabriola Island, British Columbia
$1,089,000
501 North Rd, Gabriola Island, BC
  • Advertising
ACTIVE
501 North Rd, Gabriola Island, BC, V0R 1X0
$1,089,000

Property Information:

GABRIOLA DEVELOPMENT OPPORTUNITY. This 3.77 acre property boarders the Village Centre, Gabriola's main commercial area. Although presently zoned residential, the owner has been working with planning and Islands Trust on a development plan which would take this property to its highest and best use with much needed commercial and residential expansion. The property does have an old house and new drilled well, but is being sold as is where is, as the true value of this investment is the development potential upon the favoured rezoning. Unprecedented frontage along the village's two main roads allows for unlimited design plan. The purchase of this property is contingent on the sale of the Seller's business "Island Home and Garden Store" located across the street, or can be negotiated as part of that independent sale. Refer to MLS 970594.

Property Features:

  • Annual Tax Amount: $2,329
  • Built in: 1949
  • Lot Frontage: 164221 Square Feet
  • Lot Size: 3.77 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • Zoning: LRR

Courtesy of: Macdonald Commercial Real Estate Services Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 501 North Rd, Gabriola Island, BC, V0R 1X0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 501 North Rd , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
20

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 501 North Rd , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past
569.5mm
2050
660mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 501 North Rd, Gabriola Island, BC, V0R 1X0

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$101,279.64

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.09 %

High school certificate or equivalent

26.1 %

Apprenticeship trade certificate/diploma

9.15 %

College/non-university certificate

17.81 %

University certificate (below bachelor)

1.81 %

University Degree

33.05 %

Commuter

Travel To Work

By Car

67.16 %

By Public Transit

8.52 %

By Walking

10.35 %

By Bicycle

0.11 %

By Other Methods

13.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.2 %

Houses

98.8 %

Own Vs. Rent