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279 Dunbar Way

Dunbar WayParksvilleParksvilleBC, V9P 1L7

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Beds
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Baths
$4,000,000
List Price
279 Dunbar Way, Parksville, BC - 1 of 3
279 Dunbar Way, Parksville, BC - 2 of 3
279 Dunbar Way, Parksville, BC - 3 of 3
New
10 days on market

Quick Summary

  • Prime 1.98-acre development site in vibrant Parksville
  • Renowned for walkability, population growth, and demand
  • Zoned RS-2 for low to medium-density housing
  • Potential for up to 23 units, expandable to 40
  • Opportunity for higher density with RS-3 up-zoning
  • Favorable demographics and robust real estate market
  • Exceptional opportunity for significant residential development
  • Growing demand in Parksville to capitalize on

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... Show More

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! (id:54626)

Property Details

Ownership Details

Ownership

Title
Freehold
Zoning
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Source

Listing Brokerage

MLS® Listing
979410
Last Updated
November 5, 2024
Brokerage
Royal LePage Parksville-Qualicum Beach Realty (QU)
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