Property Type: Condo / ApartmentOwnership: Strata

32 1059 Tanglewood Pl

Parksville, BC V9P2E2

$875,000

2 bed2 bath1,005 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Other

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$511/mo
Annual property tax
$4,457.14

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

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
BathroomMain level6'9 x 5'8
BedroomMain level10'5
EnsuiteMain level5'7 x 13'6
Primary BedroomMain level16'8 x 11'6
EntranceMain level4'10
KitchenMain level9'1 x 12'10
Dining roomMain level13'2 x 7'1
Living roomMain level15'5

Listing Information

MLS®
1039763
Listed
June 9, 2026
Time on market
On the market for 83 days
Data last synced
August 28, 2026

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

Description

Experience West Coast resort living at its finest in this ocean-view residence at Tanglewood, a luxury development nestled among old-growth Douglas firs beside Rathtrevor Provincial Park and Rathtrevor Beach. Offering over 1,000 sq ft of living space, this 2-bedroom, 2-bathroom corner unit showcases an open-concept design that blends seamlessly with its natural surroundings. Quality finishes include granite countertops, stainless steel appliances, hardwood flooring, and a gas fireplace. Positioned east to west, enjoy beautiful sunrises from the balcony and evening sunshine from the covered porch. Private access to miles of sandy beach and warm, shallow waters is just a short walk away. Located in a sought-after resort community, this property also offers optional vacation rental potential and has earned 5-star reviews from previous guests while achieving some of the area's highest rental rates. (id:63159)

Values & Trends

This listing

$871/sqft

Building average

No other active listings in this building

TANGLEWOOD average

No comparable active listings

Parking: Not indicatedStorage 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

Nearest station: Qualicum Beach

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

13,642

(2021 Census)

+9.5% since 2016

Density: 939.5/km²

Dwellings: 7,105

Median household income: $66,500

After-tax: $61,200

Immigrant population: 17.1%

Top countries of origin (% of total population)

  • United Kingdom6.7% · 915
  • Germany1.6% · 215
  • Philippines1.5% · 210
  • United States of America1.4% · 195
  • Netherlands0.7% · 90
  • China0.4% · 50
  • Korea, South0.3% · 45
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

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
Springwood ElementaryElementary4.6 km
Ecole Secondaire Ballenas SecondarySecondary5.6 km
Pass/Woodwinds AlternateSecondary5.8 km
Errington ElementaryElementary6.6 km
Nanoose Bay ElementaryElementary7.0 km
Oceanside ElementaryElementary7.1 km
Mountain View ElementaryElementary7.7 km
Arrowview ElementaryElementary10.7 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 (3)

  • Black Goose Inn124 m
  • Black Goose Inn125 m
  • Cedars Restaurant & Lounge · 1155 Resort Dr455 m

Parks (3)

  • Resort Drive Park · 1160 Resort Drive512 m
  • Tanglewood Park538 m
  • Unnamed667 m

Gyms (1)

  • Unnamed429 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (strata, tax, utilities, etc.)$932.00
Total monthly cost$5,448.16
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.84

Cash Needed at Closing

Minimum down payment$62,500
Estimated BC PTT$15,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,500

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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