Quick Summary
Quick Summary
- Rare development opportunity in high-density area
- Approved site plan, geotechnical, and traffic studies
- Supportive city zoning for multifamily development
- Potential to rezone for higher-density condos
- Adjacent to 253-unit and 87-unit developments
- Convenient location near shops, schools, and beach
- Generating $2,000 monthly rental income
- Opportunity to build your development dreams
Rare Development Opportunity in Parksville's High Density Hot Spot. Ready for rezoning to construct 26 townhomes across 3 buildings on a 1.027 acre level lot, with Site Plan, Geotechnical Study, Traffic Study and Engineering Report available on request. Parksville's Official Community Plan has designated the area 'Transitional... Show More
Rare Development Opportunity in Parksville's High Density Hot Spot. Ready for rezoning to construct 26 townhomes across 3 buildings on a 1.027 acre level lot, with Site Plan, Geotechnical Study, Traffic Study and Engineering Report available on request. Parksville's Official Community Plan has designated the area 'Transitional Residential' meaning strong potential to rezone Multifamily to R3 and the City has been very supportive so far. Explore higher density to RDH-4 and build condos. Buyers to do their own Due Diligence. With so many projects in the area -- next door is the 253 rental unit Cascara development and 360 Moilliet St is building 87 units -- bring your development ideas. Located across the street from Quality Foods, Cascadia Liquor, Oceanside Health Centre and Springwood Elementary. Walk to School, Shopping, Downtown, the Beach. This location has it all. Property is currently tenanted -- collect $2,000pm until your zoning application is approved. Build Your Dreams Today. (id:54626)
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Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Bathroom
Bathroom
Bedroom
10′1″ x 11′10″
Bedroom
9′0″ x 11′2″
Primary Bedroom
10′0″ x 13′9″
Family room
11′8″ x 18′3″
Laundry room
6′7″ x 10′0″
Ownership Details
Ownership
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