LOT B Illusion Lake Rd
Qualicum Beach, BC V9K2L7
$2,500,000
Property Details
Property & Lot
- Lot size
- 10.05 acres
- Zoning
- Industrial
CD53
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Parking
- Total spaces
- 20 — uncovered indicated
- Features
- Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 3-Piece |
| Living room | Main level | 9'0 x 9'5 |
| Kitchen | Main level | 17'0 x 17'3 |
| Living room | Main level | 9'0 x 9'5 |
| Bedroom | Main level | 25'0 x 17'3 |
Listing Information
- MLS®
- 1037896
- Listed
- June 22, 2026
- Time on market
- On the market for 70 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.
Description
Approved for commercial use and storage, this versatile property includes a residence, commercial shop, drilled well, and a picturesque pond. Rare 10-acre opportunity offering a unique combination of residential living and commercial potential. Backing directly onto Spider Lake Provincial Park, the property enjoys exceptional privacy and access to endless outdoor recreation. Whether you're looking to operate a business, create a private estate, or invest in a property with future potential, this offering presents outstanding possibilities. (id:63159)
Location Insights
Weather
13°C
—
Humidity 89%
Wind SW calm 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
| School | Type | Distance |
|---|---|---|
| Arrowsmith Independent School(Independent) | Elementary | 11.6 km |
| Bowser Elementary | Elementary | 12.0 km |
| Qualicum Beach Elementary | Elementary | 12.0 km |
| John Howitt Elementary | Elementary | 14.0 km |
| des Grands-cedres | Elementary | 14.4 km |
| Kwalikum Secondary | Secondary | 14.7 km |
| Wood Elementary | Elementary | 15.3 km |
| Alberni District Secondary | Secondary | 15.4 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)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($500,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.