Forgot password Extend Verify Contact

279 Dunbar Way
PQ Parksville Parksville V9P 0G6

$4,000,000
Commercial Sale

Main Photo: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 1: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 2: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 3: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 4: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 5: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 6: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 7: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 8: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 9: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 10: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 11: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 12: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 13: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 14: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 15: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 16: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 17: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Photo 18: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
979410
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:
Existing Lease Expiry:
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.977 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
City of Parksville
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Acreage
Total Units:
Date Listed:
Nov 04, 2024
Original Price:
4000000.0
  • Photo 1: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 1 of 18
  • Photo 2: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 2 of 18
  • Photo 3: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 3 of 18
  • Photo 4: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 4 of 18
  • Photo 5: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 5 of 18
  • Photo 6: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 6 of 18
  • Photo 7: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 7 of 18
  • Photo 8: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 8 of 18
  • Photo 9: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 9 of 18
  • Photo 10: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 10 of 18
  • Photo 11: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 11 of 18
  • Photo 12: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 12 of 18
  • Photo 13: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 13 of 18
  • Photo 14: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 14 of 18
  • Photo 15: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 15 of 18
  • Photo 16: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 16 of 18
  • Photo 17: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 17 of 18
  • Photo 18: 279 Dunbar Way in Parksville: PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 979410
    Photo 18 of 18
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
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.