Qualicum Beach · MLS® 1051822
5410
3,993 sq ft · 2 sq ft lot · House · Single Family · built 1989 · 16 days on market
listed by Jamie Larson, HOMELAB Real Estate Group
An exceptionally versatile 2-acre homestead-style property offering nearly 4,000 sqft. of finished living space, plus a 1,441 sqft. shop / office with 14-ft ceilings and an additional 618 sq. ft. of covered storage. The main residence features 2,008 sqft. of living space on the main floor, with 3 bedrooms and 2 bathrooms. The lower level adds another 1,985 sqft. of updated, finished living space, thoughtfully configured as two self-contained 1-bedroom, 1-bath in-law suites approx. 1,072 sqft. and 913 sqft. in size. The yard / grounds of the property include a fully fenced garden area, a separate fenced chicken house, a generous front meadow, an abundance of parking, and a mature tree buffer along the side and rear yards for added privacy. Currently zoned Rural 1 and connected to Town water, the property also offers exciting long-term development potential. It is identified within Qualicum Beach’s Official Community Plan as part of the Airport Area, where future opportunities may include residential uses, live-work housing, and light industrial uses. Whether you're looking for a spacious multi-generational homestead, income-producing living space, substantial workshop and storage, or a property with future development potential, this unique offering provides an exceptional combination of space, flexibility, and opportunity. Shop inventory list available upon request.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $9,585 · tax $487 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 1-bedroom in Parksville: CMHC's average there ($1,546) raised by what new tenants pay against everyone in the Nanaimo area, then up 0.6% with Nanaimo's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $1,006,000 | $6,228 |
The listing shows $5,848 a year in property tax.
Estimate: the BC Assessment value times Qualicum Beach's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.
On market 16 days · no price changes so far
On the market 16 days. No price changes recorded since Oct 11, 2026.
Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.
Houses in Qualicum Beach. Sale prices register 1 to 3 months after a sale closes.
Walkability 24/100 · Mostly by car
Within a 10 minute walk: 1 place to eat or drink, 2 parks and playgrounds, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.