Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1040 Koen Rd

Qualicum Beach, BC V9K1V4

$1,050,000

5 bed3 bath10 parking2,146 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
2.7 acres
Zoning
Residential

R-2.13

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,840.08

Interior

Heating
Baseboard heaters, Radiant/Infra-red Heat, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer

Exterior & Lot

View
Mountain view, Ocean view, Valley view
Lot features
Acreage, Central location, Hillside, Private setting, Wooded area, Other, Marine Oriented

Building

Parcel ID (PID)
000-120-341

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
OtherAuxiliary Building
BathroomAuxiliary Building2-Piece
Living roomAuxiliary Building8'5 x 8'2
Primary BedroomAuxiliary Building11'4
StorageSecond level5'9 x 9'5
BathroomSecond level5-Piece
BedroomSecond level12'5
BedroomSecond level12'1 x 9'11
Primary BedroomSecond level24'10 x 13'3
Mud roomMain level
BathroomMain level3-Piece
Laundry roomMain level6'11 x 5'5
BedroomMain level12'10 x 12'7
KitchenMain level24'3
Dining roomMain level13'3 x 12'9
Living roomMain level11'2 x 27'11

Listing Information

MLS®
1048222
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: RE/MAX First Realty (PK) · Data source: CREA DDF.

Description

Escape to your own private hilltop retreat, set on 2.7 acres and showcasing sweeping panoramic views, spectacular sunsets, and an exceptional sense of space and privacy. Ideally located just 15 minutes from downtown Qualicum Beach, with convenient access to Cameron Lake, Parksville, and Port Alberni. The 2,100 sq. ft. home offers 4 bedrooms and 2 bathrooms, featuring a bright, spacious kitchen with abundant counter space, engineered hardwood flooring, a soapstone-clad energy-efficient woodstove, aluminum shingle roof, extensive storage, and more. The property's zoning allows for two homes, adding exciting future potential. A detached carriage house provides additional accommodation potential with some finishing required, along with generous storage below. The property is further complemented by an impressive collection of outbuildings, including a garage/workshop, two carports, woodshed, chicken coop, and a substantial 30' x 40' commercial shop. A rare opportunity to enjoy privacy, versatility, incredible views, and room to live, work, create, or expand — all within easy reach of town. This is a truly special acreage offering a lifestyle that is increasingly hard to find. (id:63159)

Values & Trends

This listing

$489/sqft

Building average

No other active listings in this building

Qualicum Beach average

$624/sqft

69 active listing(s)

Parking: 10 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

9,303

(2021 Census)

+4% since 2016

Density: 517.4/km²

Dwellings: 4,763

Median household income: $76,500

After-tax: $69,000

Immigrant population: 20.4%

Top countries of origin (% of total population)

  • United Kingdom10.7% · 995
  • United States of America1.7% · 160
  • Germany1.1% · 105
  • Netherlands0.6% · 60
  • Philippines0.4% · 35
  • South Africa, Republic of0.3% · 30
  • India0.2% · 20
  • Jamaica0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Arrowsmith Independent School(Independent)Elementary4.8 km
Qualicum Beach ElementaryElementary8.0 km
Kwalikum SecondarySecondary10.0 km
Arrowview ElementaryElementary12.2 km
Oceanside ElementaryElementary15.0 km
Errington ElementaryElementary15.2 km
Pass/Woodwinds AlternateSecondary15.4 km
Ecole Secondaire Ballenas SecondarySecondary15.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$510.34
Total monthly cost$5,929.73
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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