About this home

For more information, please click Brochure button. Exceptional investment opportunity generating approximately $60,000 in annual rental income, with outstanding additional income potential. Beyond the existing rental revenue, the stunning barn offers excellent opportunity as a wedding or event venue, showcasing breathtaking mountain views and a beautifully designed setting that creates a memorable backdrop for special occasions. Welcome to this rare and versatile 10.8-acre property, ideally located just minutes from Qualicum Beach with direct access off Highway 4. Offering a unique blend of rural functionality and convenience, this property is perfectly suited for farming, equestrian use, multigenerational living, rental income, or home-based business opportunities. The main residence features 4+ spacious bedrooms and 4 bathrooms, providing ample room for family living and entertaining. This includes a 1-bedroom, 1-bathroom rental suite with a separate entrance. A separate 2-bedroom, 2-bathroom mobile home offers excellent accommodation for extended family, farm help, or additional rental income. At the heart of the property is a brand-new 3,800 sq ft barn with a concrete floor, ideal for livestock, equipment storage, agricultural operations Wedding venue, or other event use. The barn is equipped with on-demand radiant in-floor heating, adding exceptional comfort and functionality. Additional infrastructure includes a 450 sq ft outbuilding, plumbed with a bathroom and ideal for farm product preparation, a 700 sq ft shop, and approximately 1,100 sq ft of hay storage. A smaller 3-stall horse barn further enhances the property’s equestrian and hobby farm appeal. The mostly level, usable acreage offers endless possibilities, whether you envision crops, livestock, horses, events, or simply enjoying the privacy and space of country living. Despite its peaceful rural setting, the property benefits from excellent exposure and accessibility along Highway 4,

Home facts

Bedrooms: 6
Bathrooms: 4 full
Interior: 3,000 sq ft
Year built: 1991
Parking: 8
Property type: Single Family
Fireplaces: 2
Area: Errington/Coombs/Hilliers
Listed: June 12, 2026
Structure: House
PID: 006-898-505
Common interest: Freehold

Highlights

Mountain view

Features and inclusions

Appliances: Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Heating: Heat Pump, Baseboard heaters, Wood
Cooling: Air Conditioned
Lot: Acreage, Central location, Corner Site, Partially cleared, Other, Rectangular

Rooms and building

Water
Zoning: Agricultural

Listed by Easy List Realty. Last updated Nov 6, 2026, 10:40 PM.

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: $8,527
Property tax: $525/mo
Home insurance: $150/mo
Estimated monthly total: $9,202

Purchase snapshot

List price: $1,799,000
Down payment: $359,800 (20%)
Estimated mortgage: $1,439,200

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Goats on the Roof54 min

Bike to Parksville Exchange55 min

Walk to Parksville Exchange3h 2m

Drive to downtown Vancouver3h 56m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 45%

Homes for sale nearby, by type

Detached19 for sale

Land12 for sale

Other4 for sale

Townhouse4 for sale

Mobile home2 for sale

Other1 for sale

Active listings within 5 km of this home.

Homes built in Nanaimo F, by type

Single-detached72.5% · 185

Movable dwelling25.5% · 65

Semi-detached2.0% · 5

Source: Statistics Canada, 2021 Census of Population. 255 dwellings.

Who lives here

Statistics Canada area 59210229 · Nanaimo F

Median age: 45
Renter households: 24%
Average household size: 2.4
Median household income: $69,000

Population (2021): 620
Median rent: $920
Owner shelter cost: $880
30%+ of income on shelter: 17%
Owner households: 76%
Households with kids: 30%
Immigrants: 10%
Post-secondary: 46%
Average home value (2021): $580,000

Breakdown

$15,000 to $19,9993.8% · 10

$20,000 to $24,9993.8% · 10

$25,000 to $29,9993.8% · 10

$30,000 to $34,9993.8% · 10

$35,000 to $39,9991.9% · 5

$40,000 to $44,9995.7% · 15

$45,000 to $49,9995.7% · 15

$50,000 to $59,99911.3% · 30

$60,000 to $69,9999.4% · 25

$70,000 to $79,9999.4% · 25

$80,000 to $89,9997.5% · 20

$90,000 to $99,9995.7% · 15

$100,000 to $124,99911.3% · 30

$125,000 to $149,9995.7% · 15

$150,000 to $199,9997.5% · 20

$200,000 and over3.8% · 10

Source: Statistics Canada, 2021 Census Profile, dissemination area 59210229.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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981 Pratt Road