- Active
3346 Island Highway
Qualicum Beach · Other
Listed by Royal LePage Nanaimo Realty (NanIsHwyN) · MLS® 1043120
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Sign inAbout this home
A rare opportunity in one of Qualicum Beach’s most desirable coastal corridors. Just steps from the beach and minutes from the Village, this property offers exceptional walkability, ocean views, and convenient access to shops, cafés, and community amenities. Currently operating as a neighbourhood grocery store with an attached 4-bedroom, 2-bathroom residence in a rancher-style building, the property is connected to municipal water and sewer services. The property is designated Commercial in the OCP and located within the C4: Beach Commercial Form & Character Development Permit Area. This coastal designation reflects the area's long-term vision for a vibrant, pedestrian-oriented mixed-use corridor near the waterfront. With its prime location, beach proximity, existing mixed-use configuration, and supportive land-use designation, the property presents an exceptional opportunity for buyers exploring long-term investment or future mixed-use redevelopment potential. Buyers are encouraged to verify development potential and all other details with the applicable authorities.
Home facts
- Parking
- 7
- Property type
- Other
- Area
- Qualicum Beach
- Listed
- July 13, 2026
- Structure
- Commercial Mix
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
Features and inclusions
- Heating
- Baseboard heaters
- Lot
- Central location, Park setting, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Unknown
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $10,186
- Property tax
- $625/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,961
Purchase snapshot
- List price
- $2,149,000
- Down payment
- $429,800 (20%)
- Estimated mortgage
- $1,719,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $13,304
- At 6.1908 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 64%
