Rare development opportunity in the picturesque seaside village of Qualicum Beach. Located in the heart of downtown, this cute 2 bed/1 bath rancher offers rental income and an affordable option to hold or develop right away. With great zoning for future development, this property is close to current and future development projects, and is within walking distance to the beach, shops & restaurants, a weekly farmer's market, and all the charm that QB is famous for. With an additional property available for purchase next door, this could be the perfect parcel for your next project. With a convenient location in Central Vancouver Island just 30 minutes from ferries and seaplanes to Vancouver, and it's own local airport with connections to YVR, Qualicum Beach is a sought - after historic community, surrounded by spectacular natural beauty.