Property Type: Condo / ApartmentOwnership: Strata

62 5251 Island Hwy W

Qualicum Beach, BC V9K1S8

$736,000

3 bed2 bath2 parking1,218 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Lot size
6,534 square feet
Zoning
Other

CRR1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$821/mo
Annual property tax
$3,223.16

Interior

Heating
Forced air, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
EnsuiteSecond level
Primary BedroomSecond level12'1
BedroomMain level10'3 x 9'6
EnsuiteMain level8'5
BedroomMain level12'4 x 12'2
KitchenMain level13'9
Living roomMain level14'2 x 18'10
EntranceMain level7'11

Listing Information

MLS®
1040090
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

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

Description

Welcome to the desirable community of Qualicum Landing. Located just steps from a private community beach, this beautifully updated 3-bedroom home combines modern style with the ease of island living. Tucked away in one of the most private settings within the development, the home offers bright, open-concept living spaces designed for both everyday comfort and effortless entertaining. Thoughtful updates enhance the home's sophisticated appeal while preserving its warm and inviting atmosphere. One of only a select few units to feature an expansive wrap-around patio, the outdoor space is surrounded by mature greenery and offers multiple areas for dining, lounging, and relaxing. Residents enjoy access to outstanding amenities, including a community pool with two hot tubs, a clubhouse with fitness centre and billiards room, tennis courts, and convenient access to nearby golf, hiking, and biking. An exceptional opportunity to enjoy privacy, luxury, and the best of island living. (id:63159)

Values & Trends

This listing

$604/sqft

Building average

No other active listings in this building

Qualicum North average

$736/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

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 ElementaryElementary9.2 km
Bowser ElementaryElementary10.5 km
Arrowsmith Independent School(Independent)Elementary11.1 km
Kwalikum SecondarySecondary11.9 km
Arrowview ElementaryElementary14.2 km
Hornby Island ElementaryElementary17.3 km
Oceanside ElementaryElementary17.7 km
Pass/Woodwinds AlternateSecondary19.1 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: 6.6% ($48,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$588,800.00
Periodic payment — Principal & Interest (monthly)$3,798.74
Additional monthly expenses (strata, tax, utilities, etc.)$1,150.60
Total monthly cost$4,949.33
Interest paid over 5-yr term$168,751.77
Balance at end of term$529,627.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,600
Stress test qualifying rate8.09%
Payment you must qualify for$5,285.87

Cash Needed at Closing

Minimum down payment$48,600
Estimated BC PTT$12,720
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,820

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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