456 Island W Hwy, Parksville, BC V9P 1H2

$1,699,900
2
BD
1
BA
800
SqFt

Courtesy of eXp Realty

List Price
$1,699,900
Status
ACTIVE
MLS®
948286
Property Type
Single Family Residential
Year Built
1948
Style
Rancher
Bedrooms
2
Total baths
1
Living Area
800
Acres
0.45
Lot Size
19,558
District
Parksville
Neighbourhood
Pq Parksville

Property Description

28 unit development opportunity in highly desirable Parksville with quick access to one of Canada’s most spectacular beaches, parks and downtown amenities. Zoning has recently been changed to a newly designated and desirable CD-32 comprehensive development zoning which allows for a wide range of uses such as multi-family, tourist accommodation, assisted living and congregate care facility and home based business. The ability to accommodate short term rentals such as Airbnb lets individual investors provide units or lock offs as accommodation for the approx. half a million tourists that make Parksville their holiday destination every year. Includes approx $191,590 of soft costs that were paid to the town of Parksville. The property is approx. 0.45 acre or 19,558 sq/ft and has a maximum buildable area of approx. 35,204.45 sq/ft. Sellers have a set of plans for a 28 unit, 4 storey residential building that has ocean views from the upper floors. Please inquire for a detailed info package.

Additional Information

Layout
Rancher
Lot Features
Level, Rectangular Lot, Serviced, Shopping Nearby
Heating
Baseboard, Electric
Roof
Asphalt Shingle
Parking Spaces
1
Parking Type
Garage, Open, RV Access/Parking
Kitchens
1
Laundry Feature
In House
Taxes
$3,921
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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