4080 Island Hwy, Qualicum Beach, BC V9K 2B1

$1,175,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Royal LePage Island Living (PK)

List Price
$1,175,000
Status
ACTIVE
MLS®
1044325
Property Type
Commercial
Acres
2.33
Lot Size
101,059
District
Qualicum Beach
Neighbourhood
Pq Qualicum North

Property Description

3-LOT RESIDENTIAL DEVELOPMENT OPPORTUNITY just five minutes from Qualicum Beach. This 2.32-acre property is zoned RS2 and has Preliminary Layout Approval for three freehold lots of approximately 0.49 acres, 0.74 acres, and 0.86 acres. The level, usable site offers a layout with cleared land and mature trees, creating a setting for future construction. Community water is connected to the existing parcel and will require extension to service the additional lots. Development requirements also include new septic systems and a short extension of Barton Road. An existing two-storey residence provides potential holding income, on-site accommodation, or renovation value while the subdivision is completed. Set back from the highway, with only one proposed lot adjoining it, the property offers a manageable opportunity for a builder, investor, or small developer to complete the project in phases. A located development site with strong potential in a desirable rural-residential market.

Additional Information

Lot Features
Acreage, Easy Access, Private
Heating
Baseboard
Flooring
Laminate, Linoleum, Mixed
Parking Spaces
2
Parking Type
On Site
Taxes
$3,750
Rentals Allowed
Unrestricted

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.