- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 979410
- Photos (18)
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We are pleased to present a prime 1.98-acre development site located in the vibrant Seaside community of Parksville. This area is renowned for its walkability, healthy population growth, and strong market demand, making it an ideal location for your next residential project. Currently zoned RS-2, the property allows for a mix of low and medium-density housing, including townhomes, fourplexes, and single-family homes with suites. The existing zoning permits up to 23 units; however, by leveraging the City of Parksville’s Density Bonusing program, there is potential to increase that to as many as 40 units, depending on the housing type and design. There is greater potential for a portion of this property to be up-zoned to RS-3, allowing for higher densification. With its favourable demographics and robust real estate market, this site presents an exceptional opportunity for significant residential development. Don’t miss your chance to capitalize on the growing demand in Parksville!
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Land
- Lease Type:
- See Remarks
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- PQ Parksville, Parksville/Qualicum
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.977 acre(s)0.8 hectare(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Parksville
- Legal Description:
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- Lot Site Features:
- Acreage
- Total Units:
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- Date Listed:
- Nov 04, 2024
- Original Price:
- 4000000.0
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Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)
Data was last updated December 13, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $722,500
- Min list price:
- $55,000
- Max list price:
- $4,000,000
- Avg days on market:
- 116
- Min days on market:
- 15
- Max days on market:
- 228
These statistics are generated based on the current listing's property type
and located in
PQ Parksville. Average values are
derived using median calculations.
- COLETTE MAEERS
- RE/MAX FIRST REALTY PK
- 1 (888) 243-1071
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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.