GOSPEL ROCK DEVELOPMENT SITE – 692 Gower Point Rd, Gibsons. Exceptional 46-acre development opportunity within the 148-acre Gospel Rock OCP, designated Medium Density. “Touchstone at Gospel Rock” is currently zoned/approved for 410 units, including an 60-room hotel/commercial component, 55 single-family lots, 119 condos, 36 rentals, & 150 townhomes. Lower…
GOSPEL ROCK DEVELOPMENT SITE – 692 Gower Point Rd, Gibsons. Exceptional 46-acre development opportunity within the 148-acre Gospel Rock OCP, designated Medium Density. “Touchstone at Gospel Rock” is currently zoned/approved for 410 units, including an 60-room hotel/commercial component, 55 single-family lots, 119 condos, 36 rentals, & 150 townhomes. Lower Gibsons water access from Gower Point Rd; Rear access from Pratt east on Chaster. All preliminary work completed; project is shovel-ready subject to Buyer paying $12M for DP. Proforma projects potential end sales of $370M. See Realtor feature sheet for access maps, community info & aerial drone video. Also listed on Paragon Commercial MLS#C8082625. Seller also has 3 smaller parcels outside this development in Gospal Rock, please inquire.
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Property Details
MLS NumberR3172932
Lot Size2,003,760 sqft
Days on Market31
StatusActive
Listed ByRE/MAX Crest Realty
Location
Land & Development
Lot size2,003,760 sqftper listing
Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.
Monthly Cost Calculator
Estimated monthly cost$143,435
Mortgage payment$138,984
Property tax$3,951
Home insurance$500
Partner Rates Available
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Monthly cost
Estimated monthly$143,435
$25,400,000$34,400,000
20%50%
2.99%6.99%
5 years30 years
$37,814/yr$57,014/yr
$400/mo$600/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Nov 3