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Investment signal

$1,539,000

315 Crescent Rd W

Save this home

Beds

5

Baths

3

Sqft

Year

1945

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Qualicum Beach. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Yesteryear charm meets modern comfort in this beautifully updated property, ideally situated in a coveted location with stunning ocean and coastal mountain views. The home has been thoughtfully upgraded over the years, including a major 2003 renovation featuring the addition of a spacious bonus room—perfect for a home office, studio, or guest retreat. Modern conveniences include a heat pump with air conditioning for year-round comfort. A detached 1-bedroom carriage home, built in 2022, offers excellent flexibility for extended family, guests, or potential rental income. Set on a large lot with mature gardens, this property also features two separate driveway entrances, providing added convenience and privacy. Enjoy being just minutes from the renowned Qualicum Beach oceanfront, with golf courses, shopping, and everyday amenities close by. A rare opportunity to own a unique property that blends timeless character with modern living in an exceptional coastal setting. All measurements approximate; verify if important. (id:65958)

Subtype
Single Family
Structure
House
Community
Qualicum Beach
Common interest
Freehold
Living area
3,090 square feet
Lot size
16,530 square feet
Lot dimensions
16530
Parking
2 total
Fireplace
1
On market
Apr 22, 2026
Status changed
Apr 26, 2026
Annual tax
$8,896
Zoning
Residential
Photos
47
MLS#
1032983
Area
QUALICUM_BEACH

Features and systems

Parking

Garage

Heating

Heat PumpForced air

Cooling

Air Conditioned

Lot

Level lotPark settingOther

View

Mountain viewOcean view
Negative cash flow ~$1,632/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,418

Financing

Down payment$307,800
Loan amount$1,231,200
Mortgage$6,238/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$705
Insurance$80
Maintenance$1,283
CapEx reserve$641
Vacancy loss$385

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,238/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

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