Vancouver Island Foreclosure Homes for Sale Listings

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720 Spider Lake Rd

Qualicum North Qualicum Beach V9K 2L7

$237,500

Vacant Land beds: 0 baths: 0.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Vacant Land

MLS® Num:

1017590

• Photos (10)

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COURT ORDERED SALE Selling ONE HALF INTEREST in a 4.97 Acres close to the highway 19 turnoff to Horne and Spider Lakes. The house has had extensive fire damage. Buying the Property ''AS IS WHERE IS''. Private Setting (id:2493)

General Info:

Property Type:

Vacant Land

Common Interest:

Freehold

Zoning:

Residential

Taxes:

$2,547 / -

Amenities:

Community:

Qualicum North

Building:

Bedrooms:

0

Bathrooms:

0.0

Fireplace:

No

Land:

Lot Size:

4.97 acre(s)2.01 hectare(s)

Lot Details:

4.97

Lot Features:

Wooded area, Other

Parking Spaces:

Total Parking Spaces:

6

• 
  Back of house
• 
  Detailed view
• 
  Detailed view
• 
  Detailed view
• 
  Kitchen featuring fridge, brown cabinetry, range, and a peninsula
• 
  Kitchen featuring brown cabinetry and dishwashing machine
• 
  Misc room featuring plenty of natural light
• 
  View of stairs
• 
  View of side of property
• 
  View of side of property featuring a lawn

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Listed by Century 21 Queenswood Realty Ltd.

Data was last updated November 30, 2025 at 01:15 PM (UTC)

Area Statistics

Listings on market:

11

Avg list price:

$237,500

Min list price:

$237,500

Max list price:

$715,000

Avg days on market:

41

Min days on market:

17

Max days on market:

143

These statistics are generated based on the current listing's property type and located in Qualicum North. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• Sam Huang
• RE/MAX Select Properties
• 1 (778) 991-0649
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About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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