Want to run a business and hold real land value at the same time? This 4.96 acre Island Highway property makes it possible. Dual zoning is the rare part. Run your business up front and put the land behind to work. The highway frontage is CRS1 commercial, allowing retail, restaurant,office use, and more. The back is AG1 and in the ALR, ready for future farming or simply holding value over time while your venture grows. A road allowance along the side can provide access to the rear if needed. The solid older home has 2 bedrooms, 1 bathroom, an oversized living room with wood stove, open concept kitchen and dining, some hardwood and oil forced air heat. Roof replaced approx. 13 years ago. Septic updates over the years. Attached workshop, detached single car garage and extra parking. Live on site and keep your commute to zero. Priced below the $813,000 assessed value. Zoning like this is rare and does not come up often. Book your showing today and start planning what you will build here.
Data was last updated September 29, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
121
Avg list price:
$1,049,900
Min list price:
$210,000
Max list price:
$11,900,000
Avg days on market:
42
Min days on market:
1
Max days on market:
396
Avg price per sq.ft.:
$535.45
These statistics are generated based on the current listing's property type
and located in
PQ Qualicum Beach. Average values are
derived using median calculations. This data is not produced by
the MLS® system.