Open the door! Opportunity is knocking! This property offers an exciting combination of income potential,flexibility and lifestyle. With both levels occupied,estimated annual rental income is approximately $39,000,with operating costs of approximately $9,000,leaving roughly $30,000/year in cash flow before financing—5.2% net ROI. A compelling opportunity for those looking to have their home help pay for itself. And then there’s the Seller Financing: up to $100,000 at 0% interest over 12 years,potentially saving more than $50,000 in interest compared with conventional financing. A rare opportunity to make ownership more attainable while building equity and enjoying the benefits of Vancouver Island living. Welcome to a beautifully maintained mountain view home just 15 minutes north of Qualicum Beach. The bright main home features 2 bedrooms and 2 bathrooms,while the fully self-contained lower suite offers 2 bedrooms and 1 bathroom—ideal for family,guests,or rental income. The current tenant contributes $1,300/month,has a strong rental history,would love to stay,and provides consistent,on-time payments. Warm and inviting finishes include maple hardwood,Brazilian cherry flooring and beautiful Corian countertops. A heat pump and propane fireplace provide year-round comfort,while the sun-filled 20x20 deck and connected propane BBQ make outdoor living effortless. Whether you choose to live here entirely for yourself,accommodate family and guests,or maximize the income potential,this property offers flexibility rarely found. Surrounded by nature,walking trails,golf and beautiful Vancouver Island beaches,this is more than an investment—it’s an invitation to a simpler,richer coastal lifestyle. Open the door and imagine what could be yours! (id:2493)
Data was last updated September 16, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$749,999
Min list price:
$581,000
Max list price:
$1,499,900
Avg days on market:
73
Min days on market:
11
Max days on market:
201
Avg price per sq.ft.:
$353.23
These statistics are generated based on the current listing's property type
and located in
Little Qualicum River Village. Average values are
derived using median calculations. This data is not produced by
the MLS® system.