Instead of paying a premium for someone else’s upgrades, this is your chance to build equity on your own terms. Just blocks from downtown Parksville, this spacious 2,150+ sq. ft. home sits on a 0.20-acre corner lot and offers income potential and value-add opportunity. The upper level features 2 bedrms, while the lower level offers a 2-bedrm in-law suite, great option for investors, first-time buyers, handyman, or those needing multi-generational living. Live in one level & rent the other, keep it as an income-producing property, or easily convert it back into one spacious single-family home. With elbow grease and vision, there is excellent potential to increase value and step up the housing ladder. The generous corner lot provides outdoor space, parking, & future possibilities, while the central location puts you within walking distance to schools, parks, shops, recreation, & Parksville’s beautiful beach. RS-1 zoning offers potential for up to 4 dwellings, subject to city approval.
Data was last updated May 28, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
259
Avg list price:
$699,900
Min list price:
$40,000
Max list price:
$3,100,000
Avg days on market:
48
Min days on market:
1
Max days on market:
576
Avg price per sq.ft.:
$511.03
These statistics are generated based on the current listing's property type
and located in
PQ Parksville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.