$1,825,000
502 SPYGLASS PLACE
Beds
4
Baths
3
Sqft
—
Year
2022
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Gibsons. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
INCREDIBLE VALUE, priced well below replacement & construction cost, this stunning newly built home offers spectacular ocean/island views in a prime location. Boasting the highest quality, low maintenance construction with high-end finishes, the home features 17' vaulted ceilings & an abundance of natural light. The modern design includes a dream kitchen w/top-of-the-line appliances, quartz countertops & a huge pantry. Luxurious primary bedroom/ensuite, N/G furnace, A/C, LoE3-366 windows, 5" wide oak HW floors, "Jotul" N/Gas FP, electronic blinds, tons of storage. A separate suite provides flexibility for guests/potential rental income. Serviced by the famous Gibsons aquifer & on city sewer, ideally located walking distance to everything. Nothing to do but move in! (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- Structure
- House
- Common interest
- Freehold
- Living area
- 2,713 square feet
- Lot size
- 7,718 square feet
- Lot dimensions
- 7718
- Parking
- 4 total
- Fireplace
- 1
- On market
- Feb 11, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $6,861.41 (2024)
- Photos
- 34
- MLS#
- R3089056
- Area
- GIBSONS
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Lot
View
Security
Cash on cash
-6.33%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,153
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.