See all 18 photos

$4,000,000

Est. payment - /mo

Save

1.98 Acres Lot

Active

279 Dunbar Way Parksville, BC V9P 0G6

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

May

Thu

May

Fri

May

Kyle Kerr

kyle@initiumre.com +1(250) 818-5595

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 979410

Rental Info Unrestricted

Annual Tax Amount $16,623

Tax Year 2023

Lot Size 1.980 Acres

Acres 1.98

Property Sub-Type Multi Family

Property Description

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!

Location

Province BC

County Parksville, City Of

Area Pq Parksville

Building

Lot Description Acreage

Others

Tax ID 031-081-291

Ownership Freehold

Listed by Royal LePage Parksville-Qualicum Beach Realty (QU)

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1