674 MEMORIAL Avenue
Qualicum Beach · V9K1S8
$13,431/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Qualicum Beach · V9K1S8
$13,431/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
INVESTOR Alert! Fully tenanted investment opportunity in desirable downtown Qualicum Beach on beautiful Vancouver Island. This offering includes two commercial buildings being sold together as one interdependent package, providing an attractive cap rate. The first building built 2006 features four separately hydro-metered commercial zoned strata retail units with a loading bay. The second building consists of a single-use retail bookstore tenancy. Zoned commercial and conforming, this is a strong income-producing two building asset in one of Vancouver Island’s most sought-after destination communities. Excellent anchor tenants include a retail Gift Store, Pet Supply Company, Book Store, a modern Beauty Salon, and an Electronics/ Alarm Installation Store. The property benefits from access on both Memorial Avenue and Fir Street with a shared loading dock around back, offering outstanding retail exposure, convenience, and functionality for tenants and customers alike. Plenty of come and go street parking, located in a vibrant tourist town with strong walk-by traffic and high vehicle counts, this is a rare opportunity to acquire a proven revenue-producing commercial holding in the heart of downtown Qualicum Beach. All data and measurements are approximate and should be verified if important. Showings after or before business hours.
2006
Year built
Other
Type
Qualicum Beach
Area
Listed
March 25, 2026
Nearby & Commute
1 min
walk to Qualicum Foods
47 min
bike to Parksville Exchange
2h 36m
walk to Parksville Exchange
3h 51m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 59%
| Detached | 38 | 59.4% |
| Land | 13 | 20.3% |
| Condo / Apartment | 8 | 12.5% |
| Other | 3 | 4.7% |
| Townhouse | 2 | 3.1% |
| $15,000 to $19,999 | 10 | 3.4% |
| $20,000 to $24,999 | 30 | 10.3% |
| $25,000 to $29,999 | 10 | 3.4% |
| $30,000 to $34,999 | 20 | 6.9% |
| $35,000 to $39,999 | 15 | 5.2% |
| $40,000 to $44,999 | 15 | 5.2% |
| $45,000 to $49,999 | 15 | 5.2% |
| $50,000 to $59,999 | 25 | 8.6% |
| $60,000 to $69,999 | 40 | 13.8% |
| $70,000 to $79,999 | 20 | 6.9% |
| $80,000 to $89,999 | 10 | 3.4% |
| $90,000 to $99,999 | 20 | 6.9% |
| $100,000 to $124,999 | 30 | 10.3% |
| $125,000 to $149,999 | 10 | 3.4% |
| $150,000 to $199,999 | 10 | 3.4% |
| $200,000 and over | 10 | 3.4% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$13,431
Principal and interest
Calculated estimate
$12,489
Property tax
Calculated estimate
$792/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$2,700,000
Down payment
Calculated estimate
$540,000 (20%)
Estimated mortgage
Calculated estimate
$2,160,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$13,431
/mo
Rate
%
Amortization
Principal and interest
$12,489
Property tax (est.)
$792
P&I
Tax
Down payment
$540,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $540,000 down (20%) on $2,700,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 5.6608 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.