Property Type: Detached HouseOwnership: Freehold

5154 Island Hwy W

Qualicum Beach, BC V9K1Z1

$799,000

5 bed4 bath10 parking3,293 sqftBuilt 1988
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
1.9 acres
Zoning
Duplex

RS2&3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,476

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
Attic (finished)Other29'8 x 10'11
SunroomMain level10'4 x 9'4
Living roomMain level13'4 x 22'9
KitchenMain level15'8 x 25'1
Primary BedroomSecond level11'1 x 11'7
Living roomSecond level11'5 x 11'7
KitchenSecond level16'9 x 17'3
SunroomSecond level11'7 x 7'8
Living roomSecond level16'1 x 14'2
StorageLower level6'4 x 6'1
EntranceLower level5'8 x 6'10
StorageLower level5'11 x 5'4
Utility roomLower level14'10 x 22'14
DenLower level6'7 x 8'2
EnsuiteLower level8'4 x 10'11
KitchenLower level8'11 x 12'2
Dining nookLower level7'9 x 7'8
Living roomLower level18'4 x 19'1
BedroomLower level14'11 x 11'8
Primary BedroomLower level12'4 x 12'2
BedroomMain level13'10 x 11'10
BedroomMain level12'5 x 11'10
BathroomSecond level10'0 x 6'0
BathroomLower level10'9 x 6'10
BathroomMain level8'10 x 7'0

Listing Information

MLS®
1047433
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

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

Description

HOME + DUPLEX on 1.9 acres, priced $166,000 below assessed value! This unique property offers plenty of potential for multi-generational living, rental income or an investment opportunity. With two separate living spaces, you can live in one and rent the other to help offset your mortgage. The property is serviced by two septic systems and an impressive 300 GPM well. The partially landscaped and treed acreage offers privacy and space, along with plenty of parking for vehicles, RVs, boats and toys. Two storage sheds plus a large concrete-based structure with power provide excellent options for a workshop, greenhouse or potential garage. Bring your ideas and make this versatile acreage your own! (id:63159)

Values & Trends

This listing

$243/sqft

Building average

No other active listings in this building

Qualicum North average

$644/sqft

23 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

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
Qualicum Beach ElementaryElementary8.7 km
Arrowsmith Independent School(Independent)Elementary10.4 km
Bowser ElementaryElementary11.1 km
Kwalikum SecondarySecondary11.4 km
Arrowview ElementaryElementary13.7 km
Oceanside ElementaryElementary17.2 km
Hornby Island ElementaryElementary17.9 km
Pass/Woodwinds AlternateSecondary18.6 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: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$538.00
Total monthly cost$4,661.90
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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