1/512300 Fowler Rd, Qualicum Beach
2300 Fowler Rd, Qualicum Beach, BC V9K2A5
$1.7M total
29,000 SF
Asset Class
Land
Size
29,000 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$58
Occupancy
95%
Year Built
1978
Lot Size
32.95 ac
About this property
Rare 32.95-Acre Investment Opportunity in Qualicum Beach!Formerly a 95-unit seniors residence, this property offers approximately 29,000 sq.ft. of existing building space already stripped to the studs and ready for your vision. Located beside Arrowsmith Golf & Country Club, enjoy breathtaking views of Mount Arrowsmith and the surrounding mountain ranges. Significant roof upgrades have already been completed, providing a valuable head start for redevelopment. With I1 zoning (Resource Industrial) at the front and AG1 (Agriculture 1) zoning at the rear within the ALR, the property presents exciting potential for seniors housing, wellness retreats, health and educational facilities, agri-tourism ventures, and more. Just minutes from Qualicum Beach, this is a rare Vancouver Island opportunity with tremendous upside. Buyer to verify development potential and permitted uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$78K
Annual cash flow
$-16K
Cash-on-cash
-3.09%
DSCR
0.83
Going-in cap
4.61%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 13,024 SF | 2030-02 |
| Lakeview Physiotherapy | 14,410 SF | 2030-02 |
Area demographics
Trade area within 3 miles of the property.
Population
94,769
Households
33,558
Median income
$124,500
Median age
34.7
Daytime population
113,226
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2300 Fowler Rd, Qualicum Beach.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.