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Investment signal

$1,299,000

915 PAYNE ROAD

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Beds

Baths

Sqft

—

Year

2021

Type

Single Family

Suite

Suite potential

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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

Modern 4-bed, 3-bath home on 2.13 private acres in Gibsons! Built in 2021, this 2,253 square ft residence offers main-level entry with one-level living and a basement that could be easily suited. Beautifully finished with a gas fireplace, gas range, and quality appliances, plus the balance of 2/5/10 warranty. Zoning allows for another full-size home, making this a great investment or multi-family opportunity. Enjoy peace and privacy while being just a short walk to all Upper Gibsons amenities and only 5 minutes to the ferry. Easy to show-this property is move-in ready and offers the perfect blend of modern comfort, convenience, and future potential. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Common interest: Freehold
Living area: 2,253 square feet
Lot size: 2.13 acres
Lot dimensions: 2.13
Parking: 0 total
Fireplace: 1
On market: Apr 18, 2026
Status changed: Apr 26, 2026
Annual tax: $4,858.53 (2025)
Photos: 31
MLS#: R3113072
Area: GIBSONS

Features and systems

Basement

FullUnknownUnknown

Heating

Baseboard heatersForced airNatural gas

Negative cash flow ~$1,390/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,963

Financing

Down payment$259,800

Loan amount$1,039,200

Mortgage$5,265/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595

Insurance$80

Maintenance$1,083

CapEx reserve$541

Vacancy loss$325

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

Estimated $5,265/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.