Property Type: Detached HouseOwnership: Freehold

506 Panorama Pl

Parksville, BC V9P1A4

$2,250,000

3 bed4 bath10 parking3,824 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
0.69 acres
Zoning
Residential

RS-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,382

Interior

Heating
Heat Pump, Forced air, Natural gas, Geo Thermal
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
StorageLower level51'9
OfficeLower level7'6 x 13'1
KitchenSecond level7'3
EnsuiteSecond level12'6
Primary BedroomSecond level12'6 x 17'8
Family roomSecond level7'3 x 20'7
BathroomMain level2-Piece
BathroomMain level2-Piece
BedroomMain level10'8
EnsuiteMain level12'6
Primary BedroomMain level10'8
Laundry roomMain level7'8 x 14'4
Dining nookMain level9'3 x 11'9
KitchenMain level12'9 x 13'7
Dining roomMain level13'4
Living roomMain level
EntranceMain level9'3 x 11'9

Listing Information

MLS®
1039578
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Commercial Real Estate Services Ltd. · Data source: CREA DDF.

Description

PRIVATE WATERFRONT home with show stopping unobstructed ocean, coastal mountain & Parksville beach views on a beautifully landscaped private 30012sqft with double garage, RV parking & private beach access. The City of Parksville have indicated that a FULL second home, carriage house or detached workshop can be built. The exquisite custom design 2x6 constructed home captures unobstructed views from ALMOST EVERY WINDOW on all 3 levels. From the moment you enter the circular driveway, you are greeted with privacy, beautifully landscaped gardens, soaring eagles, a well maintained picturesque home with double french doors, RV parking, serenity & attached 25x25 double garage. The home welcomes you with beauty and elegance to a bright airy grand main level double door entrance to a formal living room with gas fireplace, formal dining room with vaulted ceilings picture windows and french doors onto the patio, expansive kitchen, with centre island, eating nook, family room with gas fireplace, vaulted ceilings, floor to ceiling picture windows, double french doors onto the exterior patio, 2 main level bedrooms with ensuite, large laundry room, a magnificent 1276sqft deck & grand curved stairway. The upper level offers a massive skylight and vaulted ceilings above the stairwell, 2nd living room/office, kitchenette, exquisite open plan master bedroom, vaulted ceilings, floor to ceiling picture windows, huge ensuite with jetted tub capturing uninhibited views. An art studio/office & 6'6 unfinished basement is on the lower level accessed from the side of the house that can be easily connected to the interior. The grounds are exceptionally landscaped with beautiful feature gardens, flowering shrubs and a sitting area with fire pit across the expansive lawn to enjoy the ocean views and visiting eagles. There is a private beach trail down the bank that would benefit from a creative stair system to the beach front. Public access with parking and stairs is one street away. (id:63159)

Values & Trends

This listing

$588/sqft

Building average

No other active listings in this building

Parksville average

$545/sqft

73 active listing(s)

Parking: 10 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

Nearest station: Qualicum Beach

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

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

15

2/9 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
Ecole Secondaire Ballenas SecondarySecondary1.4 km
Pass/Woodwinds AlternateSecondary1.5 km
Springwood ElementaryElementary2.1 km
Oceanside ElementaryElementary2.1 km
Errington ElementaryElementary5.0 km
Arrowview ElementaryElementary5.7 km
Kwalikum SecondarySecondary8.0 km
Qualicum Beach ElementaryElementary10.8 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 (1)

  • The Bayside Restaurant & Lounge · 240 Dogwood Street701 m

Parks (5+)

  • Unnamed60 m
  • Unnamed169 m
  • Wisteria Park185 m
  • Unnamed281 m
  • Unnamed327 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,800,000.00
Periodic payment — Principal & Interest (monthly)$11,612.99
Additional monthly expenses (strata, tax, utilities, etc.)$1,222.83
Total monthly cost$12,835.82
Interest paid over 5-yr term$515,885.17
Balance at end of term$1,619,105.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$450,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,841.37

Cash Needed at Closing

Minimum down payment$450,000
Estimated BC PTT$45,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$497,000

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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