4080 Island Hwy
Vancouver Island · V9K2B2
$1,175,000
About this residence
3-LOT SUBDIVISION OPPORTUNITY in a prime rural setting just 5 minutes to Qualicum Beach. This 2.32-acre property is zoned RS2 and offers Preliminary Layout Approval for a freehold subdivision into three lots (approx. 0.49 acres, 0.74 acres, and 0.86 acres). The land is flat, usable, and includes some trees, creating an attractive setting for future builds. Community water is connected to the main parcel, with extension required for the additional lots, along with new septic systems and a short Barton Road extension. The existing 2-storey home is livable or rentable, with solid bones and renovation potential - ideal for an owner-builder or small developer to occupy while completing the project. Set back from the highway, with only one future lot bordering it, this is a manageable, phased development opportunity with strong upside in a desirable acreage location. For more information contact the listing agent, Kirk Walper at 250-228-4275. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,751 sq ft
- Lot size
- 2.32
- Parking
- 2 spaces
- Fireplace
- 1
- Year built
- 1981
- Annual tax
- $3,750
- MLS®
- 1032396
- Board
- Vancouver Island
- Status
- Active
- Listed
- Apr 16, 2026
- Updated
- Jul 15, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Other | 9'10 x 12'4 |
| Storage | Other | 9'5 x 12'4 |
| Patio | Other | 7'0 x 11'11 |
| Laundry room | Main level | 5'7 x 14'5 |
| Pantry | Main level | 5'7 x 10'6 |
| Entrance | Main level | 6'3 x 6'8 |
| Bathroom | Main level | 2-Piece |
| Dining nook | Main level | 6'2 x 11'6 |
| Kitchen | Main level | 11'6 x 11'10 |
| Living room | Main level | 13'3 x 17'11 |
| Dining room | Main level | 10'11 x 11'6 |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | 6'11 x 7'9 |
| Bedroom | Second level | 9'11 x 11'0 |
| Bedroom | Second level | 9'11 x 11'11 |
| Primary Bedroom | Second level | 10'11 x 15'0 |
Features & finishes
Heating
- Baseboard heaters
Lot
- Acreage
Financing
Estimated monthly payment
$5,495/mo
Loan amount
$940,000
Down payment
$235,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
About the area
Census · V9K- 16,688
- Population
- 62
- Median age
- $75,500
- Median income
- $700,000
- Median home value
- 86%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 4080 Island Hwy?
4080 Island Hwy is listed for $1,175,000, in Vancouver Island.
How many bedrooms and bathrooms does 4080 Island Hwy have?
It offers 4 bedrooms and 2 bathrooms.
What type of home is 4080 Island Hwy?
4080 Island Hwy is a Single Family, House, built in 1981.
How large is 4080 Island Hwy?
The home offers approximately 1,751 sq ft of living space on a lot measuring 2.32.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,495. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,750 per year.
Is there parking?
Yes — 4080 Island Hwy includes 2 parking spaces.
What is the Vancouver Island area like?
Vancouver Island has a population of about 16,688, a median age of 62, a 86% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $700,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $75,500.
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