parksville multi-family development...
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Parksville Multi-Family Development Property
Jason [email protected]
1 (604) 414-5577
Jamie [email protected]
1 (604) 483-1605
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www.landquest.com
“The Source” for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land
in British Columbia
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www.landquest.com
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Parksville Multi-Family Development Property
PROPERTY DETAILS
Listing Number: 16289
Price: $659,000
Taxes (2016): $5,699.92
Size: 0.83 of an acre
Zoning: RS3
DESCRIPTION
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 best-known annual event, since 1982, is a sandcastle-building 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
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in the surrounding areas of Parksville, primarily fishing and forestry.
There is an industrial park located in the south-east 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 BOUNDARIESSee maps
SERVICES
All city services
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
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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.
“The Source” for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia
www.landquest.com
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LandQuest® Realty Corporation101 - 313 Sixth Street
New Westminster, BC V3L 3A7
Phone: (604) 664-7630 Fax: (604) 516-6504Toll Free: 1-866-558-5263 (LAND)
Jason Zroback
1 (604) 414-5577
Jamie ZrobackRepresentative
[email protected] (604) 483-1605