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Exceptional Property

948 Harrison Way, Gabriola Island

$530,000

1 Bedrooms

2 Bathrooms

2114 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1994

Square Footage

2114 square feet

Bedrooms

1 Bedroom

Bathrooms

2 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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This unique home and lot is a must see! The .44 acre lot is sunny and bright in the front with trails and landings that meander among the boulders in the back. The 1057 sq ft two level home has many unique features. It was built to take advantage of air flow between floors and passive solar heat through the numerous windows facing the southern expo...

MLS Number

1014655

Listed By

Royal LePage Nanaimo Realty Gabriola

Last Updated

Oct 31, 2025, 2:15 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1994

Square Footage

2114

Zoning

Residential

Interior Features

Number of Fireplaces

Climate Control & Utilities

Heating System

Baseboard heaters, Wood

Air Conditioning

None

Additional Amenities

Oven - Electric

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 1014655

List Date

Sep 22, 2025, 9:42 p.m.

List Price

$530,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.