Prime Development Opportunity in one of Parksville's most desirable neighbourhoods. Set on a generous 0.97 acres of serviced land, rarely do lots of this size come available. Current RS-1 zoning allows for construction of 2 dwelling units, each home can have a suite too if so desired. Potential For Subdivision: the current owner has explored the possibility of subdividing in the past and feedback has been positive from the City of Parksville. Buy and Hold for the Future: the City has been amassing small pieces of land in the rear of these properties since the 1960s for a future road between Sanderson & Soriel and, while it may be in many years to come, there is potential. Buyers to do their own due diligence. Water, hydro and sewer are already connected to the 2 bed + den existing home, which could be rented out while a new owner awaits construction permits. Close to the waterfront, shops and restaurants. A property with so many possibilities, sold "as is whereas".
Data was last updated July 14, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
248
Avg list price:
$689,450
Min list price:
$40,000
Max list price:
$3,100,000
Avg days on market:
53
Min days on market:
1
Max days on market:
623
Avg price per sq.ft.:
$505.52
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.