Property Type: Detached HouseOwnership: Freehold

550 Falcon Crt

Parksville, BC V9P2A4

$1,240,000

3 bed3 bath2 parking2,380 sqftBuilt 2006
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
7,841 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,882.76

Interior

Heating
Heat Pump, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
DenSecond level8'0 x 10'11
Bonus RoomSecond level13'7 x 19'6
BedroomSecond level9'11 x 12'3
BedroomSecond level10'1 x 11'0
EnsuiteMain level5-Piece
Primary BedroomMain level12'0 x 14'5
BathroomMain level2-Piece
Laundry roomMain level6'6 x 6'11
PantryMain level3'5 x 4'5
Dining nookMain level8'0 x 13'11
KitchenMain level13'11 x 16'4
Living roomMain level13'6 x 16'11
Dining roomMain level11'0 x 12'1
EntranceMain level8'0 x 11'8

Listing Information

MLS®
1038304
Listed
June 1, 2026
Time on market
On the market for 91 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Anchor Realty (QU) · Data source: CREA DDF.

Description

Gorgeous Luxury Living in Aerie Estates. Discover refined West Coast living in this beautifully appointed executive home, perfectly positioned on a meticulously landscaped, expanded lot in the prestigious Aerie Estates community—just minutes from all Parksville amenities. A bright and welcoming foyer with soaring cathedral ceilings sets an impressive tone, leading into an open-concept living space featuring rich wood floors, oversized windows, and a cozy natural gas fireplace. The chef’s kitchen is thoughtfully designed with a walk-in pantry, granite sink, premium appliances, and generous counter space—ideal for both everyday living and entertaining. The main-level primary suite offers exceptional comfort and privacy, complete with a walk-in closet and spa-inspired 5-piece ensuite. Upstairs, enjoy a versatile layout with a spacious family room, dedicated office, two additional bedrooms, and a full bathroom—perfect for guests or growing families. Outside, the private, fully fenced backyard provides a peaceful patio retreat surrounded by mature landscaping. Additional features include a heat pump and furnace, 4.5-foot crawl space, double garage, security system, and underground sprinklers. An exceptional opportunity to own a luxury home in one of Parksville’s most desirable neighborhoods. For more details or to view this property, contact Lois Grant Real Estate Group direct at 250-228-4567 or view our website at www.LoisGrant.com for more details. (id:63159)

Values & Trends

This listing

$521/sqft

Building average

No other active listings in this building

French Creek average

$540/sqft

19 active listing(s)

Parking: 2 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

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
Oceanside ElementaryElementary653 m
Pass/Woodwinds AlternateSecondary1.6 km
Ecole Secondaire Ballenas SecondarySecondary1.7 km
Springwood ElementaryElementary3.2 km
Arrowview ElementaryElementary3.6 km
Errington ElementaryElementary5.2 km
Kwalikum SecondarySecondary5.8 km
Qualicum Beach ElementaryElementary8.6 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.

Nearby Places

Restaurants (1)

  • Salt Pizzeria737 m

Parks (5+)

  • Windridge Place Community Park · 993 Windridge Place207 m
  • Neden Way Community Park · 629 Neden Way319 m
  • Stanhope Community Park · 570 Wembley Road368 m
  • Blue Water Place Community Park · 1053 Blue Water Place499 m
  • Sanika Close Community Park · 900 Sanika Close623 m

Gyms (1)

  • KIS · West Island Highway747 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$992,000.00
Periodic payment — Principal & Interest (monthly)$6,400.05
Additional monthly expenses (strata, tax, utilities, etc.)$609.23
Total monthly cost$7,009.28
Interest paid over 5-yr term$284,310.05
Balance at end of term$892,307.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,773.89

Cash Needed at Closing

Minimum down payment$99,000
Estimated BC PTT$22,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,300

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