Property Type: Detached HouseOwnership: Freehold

1571 Meadowood Way

Qualicum Beach, BC V9K1K1

$1,299,000

5 bed3 bath6 parking2,972 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Lot size
2.5 acres
Zoning
Residential

RS2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,436

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
StorageLower level10'10 x 2'8
Primary BedroomSecond level14'0 x 11'7
Living roomMain level23'0 x 14'0
Laundry roomMain level9'2 x 7'5
KitchenMain level12'0 x 14'0
Family roomLower level13'5 x 11'2
EntranceMain level5'0 x 7'5
EnsuiteSecond level5-Piece
Dining roomMain level16'5 x 12'4
BedroomLower level10'10 x 9'9
BedroomLower level13'0 x 10'8
BedroomSecond level11'8 x 11'7
BedroomSecond level14'0 x 11'0
BathroomLower level3-Piece
BathroomMain level2-Piece

Listing Information

MLS®
1038624
Listed
May 30, 2026
Time on market
On the market for 93 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.

Description

Welcome to this beautiful 2.5 acre property and home backing onto Little Qualicum Falls Provincial Park. With a nearby school bus stop and 15min from Qualicum Beach, this is a perfect location for forest living while being close to amenities. This 5 bdrm, 3.5 bath home checks all the boxes, with a high efficiency heat pump/AC, wood stove, generator hook up, newer appliances, 1 car over height shop, refurbished decks, recent roof/gable/gutter maintenance, fenced garden, well with pump house and septic. The main floor is the heart with kitchen, living & dining room,2pc bath, laundry and boot room. Upstairs is the primary bedroom, w/5pce semi-ensuite and 2 large bedrooms. Downstairs is a 2 bedroom walkout suite with 3pce bath, kitchenette, and private entrance, a great place for family, guests or rental income. Outside are two 15 amp RV spots, w/water hook up, 2 fire pits, and an outdoor bathroom w/heated shower. Located outside the village gates this property is a stunning forest sanctuary, Book your showing today. (id:63159)

Values & Trends

This listing

$437/sqft

Building average

No other active listings in this building

Qualicum North average

$635/sqft

23 active listing(s)

Parking: 6 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

13°C

Humidity 89%

Wind SW calm 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)Elementary5.1 km
Qualicum Beach ElementaryElementary7.7 km
Kwalikum SecondarySecondary9.9 km
Arrowview ElementaryElementary12.2 km
Oceanside ElementaryElementary15.1 km
Pass/Woodwinds AlternateSecondary15.7 km
Errington ElementaryElementary15.8 km
Ecole Secondaire Ballenas SecondarySecondary15.9 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: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$685.33
Total monthly cost$7,389.90
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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