279 Dunbar Way

Multi Family For Sale in PQ Parksville, Parksville/Qualicum

$4,000,000
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!
Address 279 Dunbar Way
List Price $4,000,000
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Parksville/Qualicum
Sub-Area PQ Parksville
Lot Size 86118 Ac.
Lot Size Acres 1.97 Ac.
MLS® Number 979410
Listing Brokerage Royal LePage Parksville-Qualicum Beach Realty (QU)
Postal Code V9P 0G6
Tax Amount $16,623
Tax Year 2023
Amenities Acreage

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Rebecca Ryane REALTOR®

ROYAL LEPAGE

679 Memorial Ave. PO Box 1360 Qualicum Beach BC V9K 1T4

Office: (250) 240-6026

Toll Free: (800) 224-5906

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