279 Dunbar Way, Parksville, BC, V9P 0G6

$3,495,000

MLS® # 1008186

Vacant Land For Sale In Parksville, British Columbia

$3,495,000

Property Information:

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 Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $20,382
  • Lot Frontage: 86118.12 Square Feet
  • Lot Size: 1.98 Acres
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Sub Type: Land
  • Water Source: Municipal
  • Zoning: RS-2
  • Zoning Description: Multi-Family
  • Sewer: Sewer Available
  • No. of Parking Spaces: 0

Courtesy of: Royal LePage Parksville-Qualicum Beach Realty

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.

Additional Photos