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3117 Van Horne Rd

$3,099,000

Errington/Coombs/Hilliers

Detached— · — · —140 days on market

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About this home

ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important. (id:65179)

Property details

From the listing's public record.

Lot size

1.32 acres

Taxes

$9,434/yr

Zoning

Unknown

Price history

9 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Feb 9, 2026

    Listed $3,099,000

    Active140 days on marketMLS 1025489
  2. Oct 17, 2025

    Listed $3,099,000

    Expired106 days on marketMLS 1017317
  3. Dec 1, 2021

    $935,000

    Sold44 days on marketMLS 883499
  4. Apr 29, 2021

    Listed $950,000

    Cancelled97 days on marketMLS 874297
  5. Feb 11, 2021

    Listed $950,000

    Cancelled75 days on marketMLS 864261
  6. Apr 15, 2020

    Listed $950,000

    Expired183 days on marketMLS 837861
  7. Sep 30, 2019

    Listed $950,000

    Expired182 days on marketMLS 826369
  8. Apr 12, 2012

    $740,000

    Sold21 days on marketMLS 595425
  9. Apr 30, 1993

    $150,000

    Sold50 days on marketMLS 51716

How this listing compares

Based on 33 sales in Errington/Coombs/Hilliers

Median sold

$1,000,000

Avg days on market

58 days

Avg sale-to-list

97%

Avg $/sqft

$416

Current market in Errington/Coombs/Hilliers

Active (same type)

24

Pending

7

All active listings

59

Months of supply

8.7

Buyer's market8.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,356,000

Land

$363,000

Improvements

$993,000

Homes in Parksville/Qualicum sell at 105.4% of assessed value on average.

Based on 697 recent sales.

Local price trend

How Errington/Coombs/Hilliers has moved over the last decade.

5982105Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1391 Tyler Rd

    $674,900

    2 bd · 1 ba · 3,412 sqft · $198/sqft · 18 days on market

    Sold Jun 26, 2026 · 100% of list

  • 1980 Grafton Ave

    $967,500

    4 bd · 4 ba · 2,974 sqft · $325/sqft · 46 days on market

    Sold May 19, 2026 · 97.2% of list

  • 2075 Parkway Pl

    $1,290,000

    5 bd · 3 ba · 5,550 sqft · $232/sqft · 112 days on market

    Sold Apr 29, 2026 · 99.2% of list

  • 1445 Mclean Rd

    $2,733,300

    4 bd · 3 ba · 3,945 sqft · $693/sqft · 145 days on market

    Sold Apr 15, 2026 · 95.9% of list

  • 1085 Alpine View Pl

    $1,675,000

    5 bd · 4 ba · 3,079 sqft · $544/sqft · 30 days on market

    Sold Apr 14, 2026 · 94.7% of list

  • 1529 Benzon Cres

    $1,229,000

    5 bd · 3 ba · 2,821 sqft · $436/sqft · 19 days on market

    Sold Apr 1, 2026 · 100% of list

  • 1620 Matterson Rd

    $794,999

    3 bd · 2 ba · 1,484 sqft · $536/sqft · 18 days on market

    Sold Mar 6, 2026 · 99.4% of list

  • 911 Poplar Way

    $840,000

    3 bd · 2 ba · 1,454 sqft · $578/sqft · 106 days on market

    Sold Feb 26, 2026 · 98.8% of list

  • 1533 Braddock Rd

    $1,325,000

    10 bd · 8 ba · 5,819 sqft · $228/sqft · 218 days on market

    Sold Feb 26, 2026 · 91.4% of list

  • 1209 Courtney Rd

    $1,421,000

    4 bd · 3 ba · 5,345 sqft · $266/sqft · 105 days on market

    Sold Feb 20, 2026 · 98% of list

  • 2601 Grafton Ave

    $1,635,000

    3 bd · 2 ba · 7,105 sqft · $230/sqft · 103 days on market

    Sold Jan 15, 2026 · 97.6% of list

  • 1010 Middlegate Rd

    $980,000

    4 bd · 2 ba · 2,496 sqft · $393/sqft · 92 days on market

    Sold Jan 8, 2026 · 94.4% of list

More on this listing

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