279 Dunbar Way, Parksville, BC, V9P 0G6

MLS® # 1024438

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Vacant Land For Sale In Parksville, British Columbia

$3,495,000

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279 Dunbar Way, Parksville, BC, V9P 0G6

$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:

Annual Tax Amount: $21,377
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

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.

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