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279 DUNBAR PARKSVILLE
Parksville neighbourhood of Parksville British Columbia Canada V9P 0G6
$4,000,000
279 DUNBAR PARKSVILLE
Price: $4,000,000
MLS Number: 979410
Property Type: Single Family
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!
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Listing Brokerage: Royal LePage Parksville-Qualicum Beach Realty (QU)
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