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981 Pratt Rd
PQ Errington/Coombs/Hilliers Hilliers V9K 1W5

$1,850,000
Residential beds: 6 baths: 4.0 3,000 sq. ft. built: 1991

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Status:
Active
Prop. Type:
Residential
MLS® Num:
1040318
Bedrooms:
6
Bathrooms:
4
Year Built:
1991
Exceptional investment opportunity generating approximately $60,000 in annual rental income, with outstanding additional income potential. Beyond the existing rental revenue, the stunning barn offers excellent opportunity as a wedding or event venue, showcasing breathtaking mountain views and a beautifully designed setting that creates a memorable backdrop for special occasions. Welcome to this rare and versatile 10.8-acre property, ideally located just minutes from Qualicum Beach with direct access off Highway 4.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1991 (Age: 35)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
3,000 sq. ft.
Auxiliary Building Living Area:
938 sq. ft.
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bedrooms:
6
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
10.87 acre(s)
Kitchens:
2
Taxes:
Building Features:
Basement, Fire Alarm
Construction:
Frame Wood, Insulation All, Insulation: Ceiling
New Construction:
No
Basement:
Finished, Full, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Other Structures:
Barn(s), Guest Accommodations, Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Hardwood, Tile, Vinyl
Total Building Area:
3,000 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
7
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
3
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,400 sq. ft.
Living Area Main Floor:
1,600 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Family Room, Wood Burning Stove, Other
Laundry Features:
In House
Water supply:
Well: Artesian
Sewer:
Septic System
Additional Accommodations:
Exists
Cooling:
Air Conditioning
Heating:
Baseboard, Heat Pump, Wood
Fireplace:
Yes
Pending Date:
Dishwasher, Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer, Water Filters
Breakfast Nook, Ceiling Fan(s), Dining/Living Combo, Storage, Vaulted Ceiling(s), Workshop
Balcony/Deck, Fenced, Fencing: Full
Mountain(s)
Off Alberni Hwy
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Alberni Rural (769)
Legal Description:
Zoning:
ALR
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
2
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
0
Other Equipment:
Propane Tank, Sump Pump
Occupancy:
Owner
Property Condition:
Updated/Remodeled
Utilities:
Cable Available, Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Connected, Recycling
Exposure / Faces:
East
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Acreage, Central Location, Cleared, Corner Lot, Easy Access, Rectangular Lot, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
8
Road Frontage Type:
Highway
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 12, 2026
Original Price:
1850000.0
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Listed by Easy List Realty
Data was last updated July 7, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$869,900
Min list price:
$165,900
Max list price:
$2,599,900
Avg days on market:
53
Min days on market:
1
Max days on market:
1,126
Avg price per sq.ft.:
$497.14
These statistics are generated based on the current listing's property type and located in PQ Errington/Coombs/Hilliers. Average values are derived using median calculations. This data is not produced by the MLS® system.
TICARA COERTZE
STEVE GILLESPIE
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.