Sotheby’s International Realty
2475 Cotton Bay Rd., Gambier Island, B.C.
Asking price: $1.399-million
Selling price: $1.05-million
Taxes: $4,279.56
Days on market: 116
Listing agent: Holly Wood, Sotheby’s International Realty
The action
The property consists of seven freestanding buildings.Sotheby’s International Realty
Agent Holly Wood says the Ontario buyer had read about the vacation home in The Globe’s Home of the Week in June and called right away. “A lot of buyers are coming from Ontario,” Ms. Wood says. “That’s kind of a trend, even though we lost some of the foreign buyers, we’re getting some buyers from the east.” The buyer plans to make it her winter home, she says.
What they got
The structures have skylights and radiant-heat floors.Sotheby’s International Realty
The 1,266 square-foot waterfront property is a unique architectural design that had been built four years ago.
The property consists of seven freestanding cabin-like buildings linked by patios, pathways and a glass roof. It is part of a five-acre gated community with ocean views suitable for whale watching. It is the only occupied lot on the acreage so far.
The modern design includes high-end kitchen, high ceilings, skylights, wood-burning fireplace, radiant heat floors, barbecue area, furnishings and truck included. Access to the island is by water taxi or private boat. The property spans 190 feet of the waterfront and is 951 feet deep, and includes a shared dock, which was a selling feature, Ms. Wood says.
The agent’s take
With access to the B.C. mainland limited to private boat or water taxi, the market for the property is buyers in search of isolation.Sotheby’s International Realty
The property does not have garbage pickup and the island does not have stores. The market for this type of home is someone who wants isolation. Ms. Wood says she also had interest from a writer, although they hadn’t made an offer.
“The good thing about the properties on Gambier, or nearby Sechelt, is that there is no foreign-buyer tax, or the vacant-homes tax, so that’s quite attractive.”
Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.