Seller says, potential $60,000 a year rental income available from an organization housing foreign students! Lovely forested views reaching over town to the ocean & distant mainland mountains, great B&B/rental potential or accommodation for your extended family, & the perfect location near the center of Qualicum Beach! This inspiring Custom Home offers a 2176 sqft main level hosting all of your everyday living areas, an upper-level Bedroom & Den, & a 1749 sqft WO lower level with a superb Guest Suite & 2 Flex Rooms for storage or expand your living space, dual street access offers parking for your RV/boat, & you're just a short walk from the Village Center, a golf course, a swimming pool, walking trails, & the beach! The bright main level hosts a formal Living Rm with a nat gas FP & sunny bay window, a formal Dining Rm crowned by a two-storey vaulted ceiling with triple skylights, & a spacious Chefs Kitchen boasting lots of deep countertop space, Maple cabinetry, an island, quality stainless appls, & a bright nook with views over the treed setting out to Lasqueti/Texada Islands, & across the Strait of Georgia to the mainland mountains. The same views can be enjoyed from the Family Rm with a 2nd nat gas FP & also the sizable deck, perfect for relaxation & entertaining. The Master Suite offers a large WI closet, a dual-sink vanity & make-up vanity, a large shower, & a double jetted soaker tub. Completing the main level: a Den, a 3 pc Main Bath, & a big Laundry Rm. The upper level hosts a Guest Bedrm featuring a deck with views over town to the sea, & a cozy Den with a covered deck boasting south exposure. Two sets of staircases provide access to the WO lower level, partly-finished with a Guest Suite. The layout incls a huge Rec/Family Rm featuring a Kitchette & a door to a huge partly-covered patio, 4 Bedrms sharing access to two 5 pc Baths, a Storage Rm, & two large Flex Rms. Great extras, see our website for more info, pics, a floor plan, & a VR Tour.