Development Opportunity in a Prime Parksville location! Plans are already drawn to construct a 26 unit townhome complex on a 1.027 acre lot that is right across the street from the new Quality Foods. Next door is the 253 rental unit Cascara development and 360 Moilliet St is building 87 units. Current zoning RS-1 but OCP has designated 'Transitional Residential' meaning potential to rezone Multifamily and the application process for RS-3 High Density is already underway. With City of Parksville approval, build the 26 townhomes or bring your own development ideas. Buyers to do their own Due Diligence of course. Walk to school, Oceanside Health Centre, senior care, shopping, downtown, the beach. This location has it all. All Utilities available: electricity, water, natural gas, telephone, sewer. Property is currently tenanted -- collect rent until zoning application is approved. Endless potential. Call listing agent to make an appointment.
Listed by Royal LePage Parksville-Qualicum Beach Realty (PK)
Data was last updated May 2, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
237
Avg list price:
$745,000
Min list price:
$39,900
Max list price:
$4,949,000
Avg days on market:
38
Min days on market:
1
Max days on market:
266
Avg price per sq.ft.:
$533.56
These statistics are generated based on the current listing's property type
and located in
PQ Parksville. Average values are
derived using median calculations.