Rare opportunity to own approximately 5 acres surrounded by the natural beauty of Spider Lake Provincial Park on a dead end road. This level, usable property offers exceptional privacy and a peaceful setting, making it the perfect location to build your dream home or recreational retreat. The property features a drilled well and is ready for your building plans. Enjoy nature at your doorstep with easy access to hiking, swimming, fishing, and outdoor recreation in this unique Vancouver Island setting.
Property details
0
Beds
0 full
Baths
20
Parking
Location & structure
Vacant Land
Type
Qualicum North
Area
Listed
June 22, 2026
PID
032-859-741
Additional details
Common interest
Freehold
Listed by Royal LePage Island Living (QU). Last updated Jun 26, 2026, 3:50 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.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $59,980 down (20%) on $299,900, Canadian semi-annual compounding. Property tax sourced from listing. 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.
Inventory mix
What this area trades in
Within 5 km of this listing · 31 listings
Detached
22
71.0%
Land
8
25.8%
Other
1
3.2%
Source: active, display-eligible listings within 5 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Census 2021 dwelling structural-type mix · Nanaimo H · 370 dwellings
Single-detached340 · 91.9%
Apartment in duplex15 · 4.1%
Movable dwelling10 · 2.7%
Semi-detached5 · 1.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59210455· Nanaimo H· 202.88 km²
Median rent here
$1,280
Owner shelter cost
$930
Renters
19.1%
30%+ on shelter
29.7%
Population (2021)
818
Median age
56.4
Avg household size
2.2
Avg household income
$84,000
Renters
19.1%
Owners
81.0%
Immigrants
17.6%
Post-secondary
62.7%
Avg home value
$710,000
Single status
17.4%
Not in labour force
44.9%
Households with kids
20.3%
Median rent
$1,280
Owner shelter cost
$930
30%+ on shelter
29.7%
Breakdown
$10,000 to $14,999
10
2.6%
$15,000 to $19,999
5
1.3%
$20,000 to $24,999
20
5.3%
$25,000 to $29,999
10
2.6%
$30,000 to $34,999
20
5.3%
$35,000 to $39,999
10
2.6%
$40,000 to $44,999
25
6.6%
$45,000 to $49,999
20
5.3%
$50,000 to $59,999
30
7.9%
$60,000 to $69,999
25
6.6%
$70,000 to $79,999
25
6.6%
$80,000 to $89,999
25
6.6%
$90,000 to $99,999
30
7.9%
$100,000 to $124,999
55
14.5%
$125,000 to $149,999
25
6.6%
$150,000 to $199,999
30
7.9%
$200,000 and over
15
3.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210455).
Market story
Rent in Nanaimo H
Census 2021 avg $1,280/mo here · Vancouver studio rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
