Property Type: Land / LotOwnership: Freehold

172 Fern Rd W

Qualicum Beach, BC V9K1S4

$1,249,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
13,000 square feet
Zoning
Residential

R20

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,360

Interior

Fireplace
None

Parking

Features
Open

Listing Information

MLS®
1027039
Listed
February 26, 2026
Time on market
On the market for 186 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Prime development opportunity in the heart of Qualicum Beach! Zoned R20. This exceptional 13,000 sqft (0.3 acre) property has been approved for an 8 unit development, plans for 2 fourplexes or 4 duplexes available, offering incredible potential for investors and builders. Featuring convenient lane access, this level lot is perfectly situated just steps from the vibrant downtown core, shopping, parks, golf, schools, and the beautiful Qualicum Beach. A rare chance to secure a centrally located development site in one of Vancouver Island’s most sought-after communities. All data and measurements are approximate and should be verified if important. (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

67

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Kwalikum SecondarySecondary846 m
Qualicum Beach ElementaryElementary2.0 km
Arrowview ElementaryElementary3.3 km
Arrowsmith Independent School(Independent)Elementary5.0 km
Oceanside ElementaryElementary6.7 km
Pass/Woodwinds AlternateSecondary7.9 km
Ecole Secondaire Ballenas SecondarySecondary8.1 km
Springwood ElementaryElementary9.4 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.

Nearby Places

Restaurants (5+)

  • Giovanni's Lounge · 180 Second Avenue West120 m
  • BJ's Indian Kitchen · 140 Second Avenue West179 m
  • Sushi Hama · 133 Second Avenue West240 m
  • De l'Île Restaurant · 129 Second Avenue West243 m
  • Gary's Bistro · 115 Second Avenue West269 m

Cafes (3)

  • French Press Coffee Roasters · 692 Primrose Street159 m
  • Village Eatery · 670 Primrose Street214 m
  • Courtyard Coffee · 673 Memorial Avenue337 m

Grocery (1)

  • Qualicum Foods · 705 Memorial Avenue264 m

Parks (4)

  • Qualicum Commons · 744 Primrose Street229 m
  • Glassford Square232 m
  • General Money Park399 m
  • Qualicum Beach Community Park550 m

Gyms (5+)

  • The Sweat Project Movement Studio · 698 Beach Road112 m
  • Yoga Grace · 664 Beach Road221 m
  • CrossFit Qualicum Beach233 m
  • Body Sculptors Fitness Ltd. · 225 Second Avenue West242 m
  • Sage Pilates Studio267 m

Pharmacies (4)

  • Tablet Pharmacy · 219 Fern Road West159 m
  • The Medicine Shoppe Pharmacy · 143 Second Avenue West212 m
  • Memorial Compounding Pharmacy · 699 Memorial Avenue299 m
  • Pharmasave · 720 Memorial Avenue318 m

Banks & ATMs (4)

  • RBC: Royal Bank of Canada · 133 Second Avenue West219 m
  • TD Bank220 m
  • Coastal Community Credit Union · 118 Second Avenue West254 m
  • CIBC · 686 Memorial Avenue344 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,200.00
Periodic payment — Principal & Interest (monthly)$6,446.50
Additional monthly expenses (strata, tax, utilities, etc.)$280.00
Total monthly cost$6,726.50
Interest paid over 5-yr term$286,373.59
Balance at end of term$898,783.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,836.18

Cash Needed at Closing

Minimum down payment$99,900
Estimated BC PTT$22,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,380

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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