$4,000,000
 $21,473 est/mo Sourced by Back At You

279 Dunbar Way,Parksville, BC V9P0G6

Parksville, BC V9P0G6

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Description

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:13843)

Details

MLS#979410
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site176
Listing Provided ByRoyal LePage Parksville-Qualicum Beach Realty (QU) | Stacey Juss

Features

ZoningUnknown
Acreage1.98
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 CREA. All Rights Reserved.

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Listings Checked: 3 minutes ago
ProvinceBC
CityParksville
Postal CodeV9P0G6
Listing VS Median (in V9P0G6)
Price:
$4,000,000
low | high
Med:
$924,000
100% of Average
On site:
176
low | high
Med:
91.000000
100% of Average
Sourced by Back At You
Listing Updated: April 7, 2025 at 1:15:39 PM PDT