279 Dunbar Way, Parksville, BC

$3,495,000

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1.98

Acres

About 279 Dunbar Way

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!

Basic Information

Price $3,495,000
MLS® # 1008186
Sub-Type Land
Baths 0.00
Lot Size 1.98 Acres

Location Information

Address 279 Dunbar Way
Postal Code V9P 0G6
Area Parksville/Qualicum
Sub Area Parksville
Jurisdiction City of Parksville
PID Number 031-081-291
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer Available

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No

Listing Details

OfficeRoyal LePage Parksville-Qualicum Beach Realty (QU)

Listing Map