Property Type: Detached HouseOwnership: Freehold

2995 Island Hwy W

Qualicum Beach, BC V9K2H2

$2,100,000

3 bed3 bath1 parking2,822 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Lot size
5,940 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,302

Interior

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

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
1

Room Dimensions

RoomLevelDimensions
OfficeSecond level11'3 x 5'0
BathroomSecond level4-Piece
BedroomSecond level15'4 x 31'0
BedroomSecond level21'6 x 10'4
EntranceMain level12'0 x 10'3
BathroomMain level2-Piece
EnsuiteMain level5-Piece
Laundry roomMain level8'0 x 6'6
Primary BedroomMain level16'0 x 13'10
Living roomMain level16'2 x 17'10
Dining roomMain level12'0 x 15'5
KitchenMain level16'0 x 14'7

Listing Information

MLS®
1041961
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

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

Description

From Spectacular Sunrises to Splendid Sunsets, the outlook from this executive, 2822sf waterfront home in Qualicum Beach is everchanging, capturing the Salish Sea, mainland mountains & abundant sea life at the doorstep. Once inside the gate, feel the stress slip away as the charming, private garden & waterfront deck beckon you to the shoreline. The safe, sandy swimming beach is perfect for long beach walks & building both sandcastles & family memories for decades to come. Built in 2002 & architecturally designed to take advantage of waterfront living, the open plan affords delightful views from all rooms. Dramatic over height ceilings, sky lights, & a wall of windows allow for abundant light throughout the day. The Primary suite boasts a 5pc ensuite with a sauna, a huge walk in closet & door that lead out to the wild rose garden by the sea. Upstairs is a second Primary suite and 3rd BR/office, both with access to an upper balcony where sunset watching is a must. The single garage is a bonus for parking and additional storage. Such an attractive package is rarely available, come have a look. (id:63159)

Values & Trends

This listing

$744/sqft

Building average

No other active listings in this building

Qualicum Beach average

$620/sqft

69 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

3/9 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
Qualicum Beach ElementaryElementary1.1 km
Kwalikum SecondarySecondary1.8 km
Arrowview ElementaryElementary4.2 km
Arrowsmith Independent School(Independent)Elementary5.3 km
Oceanside ElementaryElementary7.7 km
Pass/Woodwinds AlternateSecondary9.0 km
Ecole Secondaire Ballenas SecondarySecondary9.2 km
Springwood ElementaryElementary10.5 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 (2)

  • The Shady Rest Restaurant418 m
  • Shore · 2831 West Island Highway652 m

Parks (1)

  • Jubilee Park214 m

Gyms (1)

  • Qualicum Martial Arts · 3142 West Island Highway571 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$1,332.83
Total monthly cost$12,171.62
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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