Parksville Multi-Family Development Property Jason Zroback jason@landquest.com 1 (604) 414-5577 Jamie Zroback jamie@landquest.com 1 (604) 483-1605
The Source for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia www.landquest.com
Parksville Multi-Family Development Property PROPERTY DETAILS Listing Number: 16289 Price: $659,000 Taxes (2016): $5,699.92 Size: Zoning: DESCRIPTION 0.83 of an acre RS3 0.83 of an acre multi-family development site right in the heart of Parksville on Vancouver Island. The property is situated a few blocks to the beach, walking distance to all major amenities and right on the bus route. In fact the bus stop is right in front of this property. RS3 zoning permits construction of up to 33 housing units based upon the properties size. All city services are available to the property line. The property is completely flat, graded and ready for construction. Parksville has the lowest rental vacancy rate within the entire region. The property is ideal for apartment development for the rental market given the demand for housing needs within the city. LOCATION Parksville is situated on Vancouver Island 37 km North West of Nanaimo. Once in Parksville the property is situated on the South side of Corfield St. at the intersection of Jensen Ave. DIRECTIONS Travelling on Hwy 19 exit onto Hwy 4A to Parksville. Turn Right on to Jensen Ave Travel roughly 4 blocks to the intersection of Corfiled St. AREA DATA Parksville is best known for its large sandy beaches at Parksville Bay and Craig Bay. The city s bestknown annual event, since 1982, is a sandcastlebuilding competition in the summer, dubbed Parksville Beachfest. Beachfest is a World Championship Sand Sculpting official qualification event. Local media, businesses and civil services frequently refer to Parksville, with its adjacent municipalities, as the community of Oceanside typically including Qualicum Beach, French Creek, Coombs/Hilliers, Errington and Nanoose Tertiary sector and secondary sector jobs make up the largest part of the Parksville economy. The three largest types of occupations in Parksville are the service industry, the construction industry and the business, financial and administration industries. These are the largest sectors of the city s economy largely due to the summer tourism industry and a large influx of retirees moving into the area. There is also a fair amount of primary sector industry
in the surrounding areas of Parksville, primarily fishing and forestry. There is an industrial park located in the southeast section of the city, which includes many small tradesman shops. At the 2011 census Parksville s population is 11,977 and it is the 15th-largest municipality on Vancouver Island in terms of population. MAP REFERENCE 49 19 3.70 N and 124 18 23.87 W INVESTMENT FEATURES Potential to build up to 33 units IMPROVEMENTS Vacant site LEGAL Lot A, District Lot 4, Nanoose District, Plan VIP59960 PID 019-023-715 BOUNDARIES See maps SERVICES All city services
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The Source for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia www.landquest.com Jason Zroback Representative jason@landquest.com 1 (604) 414-5577 Jamie Zroback Representative jamie@landquest.com 1 (604) 483-1605 LandQuest Realty Corporation 101-313 Sixth Street New Westminster, BC V3L 3A7 Phone: (604) 664-7630 Fax: (604) 516-6504 Toll Free: 1-866-558-5263 (LAND) Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.