633 Beach Rd
PQ Qualicum Beach Qualicum Beach V9K 1H1

$6,950,000
Commercial Sale built: 2021

Welcome to 633 Beach Road in QUALICUM BEACH
Photo 1: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 2: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 3: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 4: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 5: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 6: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 7: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 8: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 9: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 10: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 11: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 12: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 13: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 14: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 15: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 16: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 17: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 18: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 19: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 20: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 21: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 22: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 23: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 24: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 25: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 26: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 27: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 28: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 29: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 30: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 31: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 32: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 33: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 34: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 35: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 36: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 37: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 38: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 39: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 40: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 41: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 42: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 43: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 44: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 45: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 46: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 47: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Photo 48: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
952111
Year Built:
2021
Investment opportunity awaits with this enclave of 12 recently built duplex units, all fully leased with strong rental returns and minimal operating costs. Comprising four 2- bedroom, 1-bathroom plus den homes, six 2-bedroom, 1-bathroom residences, and two cozy 1-bedroom, 1-bathroom units, these properties promise enduring value. Step inside to discover contemporary finishes, spacious open-concept layouts, and an abundance of natural light, elevating your living experience. Constructed in 2021 and situated in the heart of Qualicum, mere blocks from the beach, golf courses, and downtown amenities, convenience and ocean side living converge seamlessly. Contact agent for more details and showing arrangements. Assumable mortgage $3.7M at 2.8%. This is a great time to take advantage of this rare chance to own a lucrative investment in beautiful Qualicum Beach, BC.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
2021 (Age: 3)
Lease Type:
Sale of Assets
Lease Term:
8 Years
Listing General Location:
PQ Qualicum Beach, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.56 acre(s)
Taxes:
$15,157 / 2023
Construction:
Cement Fibre, Insulation All, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
1
Floor finish:
Tile, Vinyl
Total Building Area:
10,852 sq. ft.
Commercial Area:
Downtown
Subdivisable Area:
Yes
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Electric, Parking, Real Estate
Balcony/Patio, Fenced, Low Maintenance Yard
Ocean
From First Ave Turn left onto Beach Road
Main Level
0
Yes
No
Unrestricted
Financing Notes:
$3.7M assumable mortgage at 2.8% interest - Term ends December 1, 2031
Assessed:
6640000.0
Assessment year:
2024
Gross Income:
357600.0
Operational Expense Per Sq Ft:
6.34
Net Operating Income:
288800.0
Jurisdiction name:
Town of Qualicum Beach
Legal Description:
Strata Lots 1 - 12, District Lot 57 Newcastle District Strata Plan EPS7749 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Zoning:
R18
Units in Building:
12
Units in Community:
12
Occupancy:
Tenant
Utilities:
Electricity Connected, Phone Available, Underground Utilities
Lot Site Features:
Central Location, Cul-De-Sac
Parking Features:
On Site
Road Surface Type:
Paved
Business Name:
Beach Corner Concepts Inc
Business Type:
Accommodation
Total Units:
12
Date Listed:
Feb 05, 2024
Original Price:
6950000.0
  • Photo 1: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Welcome to 633 Beach Road in QUALICUM BEACH
  • Photo 2: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Duplex Unit 10
  • Photo 3: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 3 of 48
  • Photo 4: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Welcome 633 Beach Road in Qualicum Beach. This 12 unit duplex and 4-plex development with private no through road features parking for each unit plus additional guest parking.
  • Photo 5: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    All units have fencing and private patios.
  • Photo 6: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units are finished in low maintenance cement board, stone accents and cedar shakes. Asphalt shingle rooves, and brick driveways.
  • Photo 7: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 1 & 2 from the private road
  • Photo 8: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 3 & 4 - fencing, private patio, dedicated parking
  • Photo 9: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 5 & 6 from the private road
  • Photo 10: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 7 & 8 from the private road
  • Photo 11: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 9 & 10 from the private road
  • Photo 12: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 1 - 10 view from private no through road
  • Photo 13: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 11 & 12 from drive way
  • Photo 14: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 11 & 12
  • Photo 15: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 11 & 12 are part of a 4-plex with units 9 & 10
  • Photo 16: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Driveway parking between the units.
  • Photo 17: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Guest parking at the entrance to the complex
  • Photo 18: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    View of complex from Beach Road
  • Photo 19: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Units 1 - 10 have storage in the crawl space
  • Photo 20: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 20 of 48
  • Photo 21: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 21 of 48
  • Photo 22: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 22 of 48
  • Photo 23: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 23 of 48
  • Photo 24: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 24 of 48
  • Photo 25: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 25 of 48
  • Photo 26: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    View from the end of the private road
  • Photo 27: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 27 of 48
  • Photo 28: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 28 of 48
  • Photo 29: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 29 of 48
  • Photo 30: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 30 of 48
  • Photo 31: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 31 of 48
  • Photo 32: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 32 of 48
  • Photo 33: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 33 of 48
  • Photo 34: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 34 of 48
  • Photo 35: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 35 of 48
  • Photo 36: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 36 of 48
  • Photo 37: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 37 of 48
  • Photo 38: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 38 of 48
  • Photo 39: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Photo 39 of 48
  • Photo 40: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Bathroom Unit 9
  • Photo 41: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Master Bed. Unit 9
  • Photo 42: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Hallway/Dining Rm. Unit 9
  • Photo 43: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Guest Bedroom Unit 9
  • Photo 44: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Kitchen Unit 9
  • Photo 45: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Laundry Unit 9
  • Photo 46: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Living Room Unit 9
  • Photo 47: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Living/Dining Rm.
  • Photo 48: 633 Beach Rd in Qualicum Beach: PQ Qualicum Beach Multi Family for sale (Parksville/Qualicum)  : MLS®# 952111
    Living/Dining/Kitchen

Virtual Tour

Additional Photos

Listed by DFH Real Estate - Sidney
Data was last updated May 29, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$1,085,000
Min list price:
$89,000
Max list price:
$11,500,000
Avg days on market:
93
Min days on market:
8
Max days on market:
583
These statistics are generated based on the current listing's property type and located in Parksville/Qualicum. Average values are derived using median calculations.
Wendy Berke
Frank Berke
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.