Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

489 Bayview Terr

Qualicum Beach, BC V9K1G3

$1,450,000

2 bed2 bath4 parking1,598 sqftBuilt 1971
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
13,939 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,701

Interior

Heating
Electric
Cooling / A/C
None
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer, Oven - Built-In

Exterior & Lot

View
Ocean view
Lot features
Cul-de-sac, Private setting, Other

Building

Parcel ID (PID)
003-913-927

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
EntranceMain level4'0 x 26'7
BathroomMain level6'0 x 7'11
EnsuiteMain level6'5 x 12'5
BedroomMain level11'3 x 14'7
Primary BedroomMain level11'0 x 16'0
Mud roomMain level5'0 x 12'9
Dining roomMain level10'5 x 12'0
KitchenMain level11'6 x 15'3
Family roomMain level8'9 x 12'10
Living roomMain level12'10 x 13'0

Listing Information

MLS®
1047773
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 30, 2026

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

Description

Perched in one of Qualicum Beach's most desirable locations, this charming mid-century home offers breathtaking, panoramic views of the Strait of Georgia and an exceptional opportunity to enjoy West Coast living at its finest. Set on a beautifully .32-acre lot, this 2 bedroom, 2 bathroom home blends timeless character with endless potential. Enjoy spectacular sunsets over the water and spend your evenings watching the ever-changing coastal scenery from the comfort of your home. Large windows invite natural light inside while showcasing the stunning ocean vistas that make this property truly special. Located just minutes from Qualicum Beach's charming downtown, golf courses, walking trails, beaches, and everyday amenities, this is a rare opportunity to own an ocean-view property in one of Vancouver Island's most coveted communities. (id:63159)

Values & Trends

This listing

$907/sqft

Building average

No other active listings in this building

Qualicum Beach average

$618/sqft

69 active listing(s)

Parking: 4 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
Kwalikum SecondarySecondary1.4 km
Arrowview ElementaryElementary2.0 km
Qualicum Beach ElementaryElementary3.6 km
Oceanside ElementaryElementary5.5 km
Arrowsmith Independent School(Independent)Elementary7.0 km
Pass/Woodwinds AlternateSecondary7.2 km
Ecole Secondaire Ballenas SecondarySecondary7.3 km
Springwood ElementaryElementary8.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$971.75
Total monthly cost$8,455.68
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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.

Request more information