Property Type: Land / LotOwnership: Freehold

LT 3 Wesley Ridge Pl

Qualicum Beach, BC V9K2V2

$499,900

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
5.15 acres
Zoning
Unknown

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,800

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
10

Listing Information

MLS®
1041674
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Build your dream estate on over 5 private acres with stunning ocean & mainland views across the Georgia Strait - an incredible backdrop for your future home. Zoned R1, this property allows for 2 DWELLINGS AND 2 SECONDARY SUITES- perfect for multigenerational living, a guest retreat, or rental income (buyer to verify with RDN). With no time commitment to build, it also presents a strong long-term holding opportunity in a growing area. Located just minutes north of Qualicum Beach & near Arrowsmith Golf Course, Qualicum River Estates is an emerging rural community surrounded by Crown & timber lands, with endless trails for hiking & outdoor exploration. Enjoy easy access to Little Qualicum Falls Provincial Park. Located nearby is the new fire hall, the $2.2 million Meadowood Community Center, & the well-stocked Meadowood convenience store. The property is already serviced with a well & driveway culvert & available as ''fee simple'' adding to its readiness & appeal with no strata regulations. (id:63159)

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
Arrowsmith Independent School(Independent)Elementary5.6 km
Qualicum Beach ElementaryElementary8.0 km
Kwalikum SecondarySecondary10.2 km
Arrowview ElementaryElementary12.5 km
Oceanside ElementaryElementary15.5 km
Pass/Woodwinds AlternateSecondary16.1 km
Errington ElementaryElementary16.2 km
Ecole Secondaire Ballenas SecondarySecondary16.3 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: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$233.33
Total monthly cost$2,813.48
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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