4080 Island Hwy
Qualicum Beach, BC V9K2B1
$1,175,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 2.32 acres
- Zoning
- Residential
RS2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,750.33
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Other | 9'10 x 12'4 |
| Storage | Other | 9'5 x 12'4 |
| Patio | Other | 7'0 x 11'11 |
| Laundry room | Main level | 5'7 x 14'5 |
| Pantry | Main level | 5'7 x 10'6 |
| Entrance | Main level | 6'3 x 6'8 |
| Bathroom | Main level | 2-Piece |
| Dining nook | Main level | 6'2 x 11'6 |
| Kitchen | Main level | 11'6 x 11'10 |
| Living room | Main level | 13'3 x 17'11 |
| Dining room | Main level | 10'11 x 11'6 |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | 6'11 x 7'9 |
| Bedroom | Second level | 9'11 x 11'0 |
| Bedroom | Second level | 9'11 x 11'11 |
| Primary Bedroom | Second level | 10'11 x 15'0 |
Listing Information
- MLS®
- 1044315
- Listed
- July 27, 2026
- Time on market
- On the market for 35 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.
Description
3-LOT SUBDIVISION OPPORTUNITY in a prime rural setting just 5 minutes to Qualicum Beach. This 2.32-acre property is zoned RS2 and offers Preliminary Layout Approval for a freehold subdivision into three lots (approx. 0.49 acres, 0.74 acres, and 0.86 acres). The land is flat, usable, and includes some trees, creating an attractive setting for future builds. Community water is connected to the main parcel, with extension required for the additional lots, along with new septic systems and a short Barton Road extension. The existing 2-storey home is livable or rentable, with solid bones and renovation potential - ideal for an owner-builder or small developer to occupy while completing the project. Set back from the highway, with only one future lot bordering it, this is a manageable, phased development opportunity with strong upside in a desirable acreage location. For more information contact the listing agent, Kirk Walper at 250-228-4275. (id:63159)
Values & Trends
This listing
$671/sqft
Building average
—
No other active listings in this building
Qualicum North average
$625/sqft
23 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Qualicum Beach Elementary | Elementary | 3.3 km |
| Kwalikum Secondary | Secondary | 6.0 km |
| Arrowsmith Independent School(Independent) | Elementary | 6.2 km |
| Arrowview Elementary | Elementary | 8.3 km |
| Oceanside Elementary | Elementary | 11.9 km |
| Pass/Woodwinds Alternate | Secondary | 13.2 km |
| Ecole Secondaire Ballenas Secondary | Secondary | 13.4 km |
| Springwood Elementary | Elementary | 14.7 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.
School district: Qualicum (SD69)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.