Property Type: TownhouseOwnership: Strata

53 1059 Tanglewood Pl

Parksville, BC V9P2E4

$749,000

2 bed2 bath7 parking1,102 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Residential

CS-2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$560/mo
Annual property tax
$4,245

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Dryer

Exterior & Lot

Lot features
Park setting, Other, Marine Oriented

Building

Parcel ID (PID)
027-096-122

Parking

Total spaces
7

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EnsuiteMain level4-Piece
Primary BedroomMain level12'6 x 13'6
Dining roomMain level9'0 x 14'4
Living roomMain level13'0 x 14'3
KitchenMain level8'11 x 12'2
Laundry roomMain level2'5 x 3'4
BathroomMain level3-Piece
BedroomMain level9'2 x 11'9
EntranceMain level5'3 x 7'0

Listing Information

MLS®
1038654
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
September 1, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

TAKE ADVANTAGE of HIGH SEASON CASH FLOW NOW!! This spacious high vault ceiling two-bedroom half duplex resort unit offers the best of Resort/Investment/Ownership living in the Parkville/Qualicum Beach area. Enjoy up to six months per year of personal use. Maximize on summer rental cash flow immediately. Enjoy the beach and parkland yourselves throughout the year. The layout offers excellent bedroom separation, with a spacious primary suite and private guest suite, plus two bathrooms with heated floors. Relax in the open plan living dining kitchen area or enjoy time on the patio overlooking the Rathtrevor parklands. Walk minutes to miles of sandy beach. Or use this home as a base for exploring nearby trails, parks, waterfalls, restaurants, shopping all minutes away by car. A perfect location for daytrips throughout Vancouver Island. Excellent track record, website availability and ready for turnover now. Give us a call today to check out this great investment on Vancouver Island. (id:63159)

Values & Trends

This listing

$680/sqft

Building average

No other active listings in this building

Parksville average

$511/sqft

38 active listing(s)

Parking: 7 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

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 ElementaryElementary4.2 km
Ecole Secondaire Ballenas SecondarySecondary5.2 km
Pass/Woodwinds AlternateSecondary5.4 km
Errington ElementaryElementary6.3 km
Oceanside ElementaryElementary6.7 km
Nanoose Bay ElementaryElementary7.3 km
Mountain View ElementaryElementary8.0 km
Arrowview ElementaryElementary10.2 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 Inn384 m
  • Black Goose Inn386 m
  • Cedars Restaurant & Lounge · 1155 Resort Dr594 m

Parks (2)

  • Tanglewood Park92 m
  • Resort Drive Park · 1160 Resort Drive629 m

Gyms (1)

  • Unnamed617 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$968.37
Total monthly cost$4,834.21
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

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.

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