Property Type: Condo / ApartmentOwnership: Strata

586 Hampstead St

Parksville, BC V9P2T7

$789,800

3 bed2 bath5 parking1,370 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Lot size
4,356 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$190/mo
Annual property tax
$4,262

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
5

Restrictions & Policies

Pets
Allowed
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level
Laundry roomMain level
BedroomMain level
BedroomMain level
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Dining nookMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1042653
Listed
July 8, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation (CH) · Data source: CREA DDF.

Description

Meticulously maintained and move-in ready, this 1,370 sq ft 3-bedroom, 2-bathroom rancher offers an exceptional low-maintenance lifestyle in a premier 55+ community. A standout feature is the oversized detached double garage, accessed via a private driveway; it provides secure parking for multiple vehicles plus ample room for a workshop, hobby space, or seasonal storage. Recent high-value updates include a new heat pump & furnace, a newer roof (2021), and updated plumbing (no Poly B). The bright interior features a spacious living room with a cozy gas fireplace and a sun-drenched kitchen with white cabinetry, stainless steel appliances, and a skylight. Enjoy a private, fenced backyard with a large patio connecting the home to your double garage. With renovated bathrooms and new flooring, every detail is done. Pet-friendly with low $190/mo strata fees, this home is walking distance to Wembley Mall and the ocean, and minutes from golf and marinas. Make an appointment to view today! (id:63159)

Values & Trends

This listing

$576/sqft

Building average

No other active listings in this building

Wembley Place average

$536/sqft

3 active listing(s)

Parking: 5 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

44

6/9 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 ElementaryElementary1.1 km
Ecole Secondaire Ballenas SecondarySecondary1.2 km
Pass/Woodwinds AlternateSecondary1.3 km
Springwood ElementaryElementary2.6 km
Arrowview ElementaryElementary4.6 km
Errington ElementaryElementary5.1 km
Kwalikum SecondarySecondary6.9 km
Qualicum Beach ElementaryElementary9.6 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 (2)

  • Pizza Hut · 826 West Island Highway346 m
  • Salt Pizzeria702 m

Grocery (1)

  • Save-On-Foods · 818 West Island Highway402 m

Parks (5+)

  • Foster Park · 625 Pym Street North161 m
  • Soriel Park · 774 Soriel Road201 m
  • Bradbury Park · 769 Bradbury Avenue268 m
  • Wedgewood Park · 656 Wedgewood Crescent570 m
  • Unnamed577 m

Shopping (2)

  • Canadian Tire · 822 West Island Highway352 m
  • Unnamed · 826 West Island Highway365 m

Gyms (1)

  • KIS · West Island Highway693 m

Pharmacies (1)

  • Save-On-Foods Pharmacy · 818 West Island Highway397 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$631,840.00
Periodic payment — Principal & Interest (monthly)$4,076.42
Additional monthly expenses (strata, tax, utilities, etc.)$614.17
Total monthly cost$4,690.58
Interest paid over 5-yr term$181,087.16
Balance at end of term$568,342.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,980
Stress test qualifying rate8.09%
Payment you must qualify for$5,658.20

Cash Needed at Closing

Minimum down payment$53,980
Estimated BC PTT$13,796
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,276

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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