Property Type: Condo / ApartmentOwnership: Strata

24 5251 Island Hwy W

Qualicum Beach, BC V9K2C1

$848,000

3 bed2 bath2 parking1,727 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Zoning
Other

CM5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$821/mo
Annual property tax
$3,769

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Cul-de-sac, Private setting, Southern exposure, Other, Marine Oriented, Gated community

Building

Parcel ID (PID)
002-870-961

Parking

Total spaces
2 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomSecond level10'7 x 9'11
Primary BedroomSecond level14'0 x 13'2
Laundry roomMain level5'11 x 5'7
KitchenMain level13'5 x 9'0
Great roomMain level15'7 x 17'7
EntranceMain level7'5 x 7'4
Dining roomMain level9'5 x 13'2
BedroomMain level11'3 x 11'5
BathroomSecond level4-Piece
BathroomMain level3-Piece

Listing Information

MLS®
1046383
Listed
August 18, 2026
Time on market
On the market for 14 days
Data last synced
August 30, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

ULTIMATE VANCOUVER ISLAND beach lifestyle at Qualicum Landing! Upgraded Capilano Beach model- 1,734 sq. ft. with 3 bedroom & 2 baths.Located on a quiet cul-de-sac just steps from the walk-on beach, this lock-and-leave retreat is perfect for personal enjoyment or investment rental opportunities. The open-concept design features 11' vaulted ceilings, hardwood floors, a stunning great room w/custom built-ins & fireplace, & a spacious kitchen w/granite countertops, shaker cabinetry, & S/S appliances. French doors open to a private south-facing patio, creating seamless indoor-outdoor living. 1 Bedroom & 3 pce bath on the main floor, while two additional bedrooms & a full bath are upstairs.A single garage & crawl space provide excellent storage. Enjoy resort-style amenities including a clubhouse, outdoor pool, hot tub, fitness centre, pickleball/tennis courts, and beachfront gathering areas. Minutes to golf, Qualicum Beach, Courtenay, Mt. Washington,& airports. Short-term rentals are legal. (id:63159)

Values & Trends

This listing

$491/sqft

Building average

$484/sqft

2 active listing(s)

Qualicum North average

$742/sqft

19 active listing(s)

Parking: 2 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
Qualicum Beach ElementaryElementary9.2 km
Bowser ElementaryElementary10.5 km
Arrowsmith Independent School(Independent)Elementary11.0 km
Kwalikum SecondarySecondary11.9 km
Arrowview ElementaryElementary14.2 km
Hornby Island ElementaryElementary17.3 km
Oceanside ElementaryElementary17.7 km
Pass/Woodwinds AlternateSecondary19.1 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: 7.1% ($59,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$678,400.00
Periodic payment — Principal & Interest (monthly)$4,376.81
Additional monthly expenses (strata, tax, utilities, etc.)$1,221.16
Total monthly cost$5,597.97
Interest paid over 5-yr term$194,431.39
Balance at end of term$610,222.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,060.98

Cash Needed at Closing

Minimum down payment$59,800
Estimated BC PTT$14,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,260

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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