Discover a prime investment opportunity in the heart of Gibsons. This side-by-side duplex offers versatility & steady income, currently generating $3,350 per month. Dual Income Potential: Each unit is a 1-bedroom suite, with one featuring its own laundry facilities. Flexible Living Options: Live in one unit & rent out the other, continue with long-term tenants, or explore vacation rental possibilities. South-facing with a small ocean view, parking for four vehicles + a large partially fenced backyard with simple landscaping. R3 zoning allows for multiple residential uses. Conveniently located, this one-story duplex is larger than it appears and offers a prime location. The larger suite could be available immediately, providing flexibility for various investment strategies.
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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Status | Date | Price |
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Rooms
Floor | Type | Dimensions |
---|---|---|
Main Level | Living Room | 14' x 14' ft |
Main Level | Dining Room | 10'11 x 10'11 ft |
Main Level | Kitchen | 13'7 x 13'7 ft |
Main Level | Bedroom | 11'6 x 11'6 ft |
Main Level | Living Room | 11'1 x 11'1 ft |
Main Level | Kitchen | 11'1 x 11'1 ft |
Main Level | Bedroom | 11'6 x 11'6 ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | Yes | #4 |
Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Imagine yourself walking through the beautiful community of Gibsons, nestled in the heart of British Columbia. As we step into this charming neighborhood, let's start by exploring the local schools that serve the area.
Located just a stone's throw away from our featured property at 716/718 Hillcrest Road, Gibsons, BC, is École du Pacifique. This esteemed school is rated No Rating, and we're just 19.78 km from its doorstep. Families love this area because of its strong educational foundation, providing students with a solid foundation for future success.
Just down the road, you'll find Chatelech Secondary School, which is also rated No Rating. We're 20.08 km from this fantastic institution, offering students a well-rounded education that prepares them for the challenges of the modern world.
For those seeking an independent school education, Mulgrave School is the closest option, boasting an impressive rating of 9.7/10. Located 23.77 km from our featured property at 716/718 Hillcrest Road, Gibsons, BC, this school provides students with a unique and personalized learning experience that fosters growth and development.
Now, let's talk about the safety of our community. According to the latest statistics from Statistics Canada (2020), this neighborhood has a crime rate of 5,409.81, which is Below Average compared to other Canadian cities. This means that residents can enjoy a peaceful and secure environment, perfect for families and individuals alike.
When it comes to drug-related crimes, the area surrounding our listing MLS® R3020855 is considered Low-risk. The illegal substances offenses rating is 47.96, with only 10 incidents reported in 2020. This is a testament to the community's commitment to maintaining a safe and healthy environment.
Looking at property crimes, the neighborhood has a Below Average rate, with a property misconduct rating of 2,863.17. There were 597 reported incidents in 2020, which is a relatively low number considering the area's size. This suggests that residents can feel confident in the security of their property and belongings.
Violent crimes are also a concern, but in this neighborhood, the rate is Below Average, with 263 reported incidents in 2020. This is a reassuring statistic for those looking for a safe and secure community to call home.
Now, let's explore the amenities that make this community so desirable. We're just a short distance from the Gibsons 740 block (WB) bus station, making it easy to get around without a car. This convenient public transportation option is just 0.22 km away from our featured property at 716/718 Hillcrest Road, Gibsons, BC.
In terms of demographics, this neighborhood has a unique character. With 24.2% of residents holding a university certificate or degree, this area is Above Average compared to other BC neighborhoods. On the other hand, 13.4% of the population has no certificate or degree, which is Below Average compared to the average in BC.
The median household income in this area is $57,370, which is Below Average compared to the British Columbia average. However, the median personal income is $32,279, which is Average. Furthermore, 51.3% of households in this area have a mortgage, which is Below Average.
Unemployment rates are also a concern, but in this neighborhood, the rate is 5.9%, which is Below Average compared to other province neighborhoods. This suggests that the local economy is strong and provides plenty of job opportunities.
In terms of population growth, this area has seen a 3.8% increase between 2011 and 2016, which is Above Average compared to the average growth rate of this region. This is a positive sign for those looking to invest in a community that is experiencing steady growth.
The average family size in this area is 2.5, which is Low compared to the whole region. Additionally, 43.9% of families in this area have children, which is Low. However, 54.2% of the population is married or living common law, which is Below Average.
The average age of the population in this area is 50.1, which is High compared to other BC cities. This suggests that the community is aging, but still vibrant and active.
In terms of real estate, the average value of dwellings in this neighborhood is $476,958, which is Above Average compared to other areas in British Columbia. This makes it an attractive option for those looking to invest in a property with a strong resale value.
As for owner payments, the average is Below Average, with owners spending $1,086 per month. Tenants, on the other hand, are paying $1,051 per month, which is Average compared to other cities.
Finally, 28.4% of the population in this area are renters,
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