Property Description
Prime Parksville Value-Add Opportunity – Strong Upside Potential
Rare opportunity to secure a well-located rancher in Parksville at an attractive price point with clear value-add potential. This 2-bedroom, 2-bathroom home offers 1,180 sq ft of finished living space on a level, fully fenced lot — an ideal foundation for cosmetic renovation and long-term equity growth.
The property features a functional single-level layout, separate laundry room, updated windows, and a 3-year-old hot water tank, reducing near-term capital expenses while allowing investors to focus on high-impact interior upgrades. Brick accent features provide character that can be modernized for resale or rental appeal.
Parking is a standout asset with a double garage, oversized parking apron for up to four vehicles, plus RV parking — a rare combination that adds strong tenant and buyer appeal. The covered rear patio and fenced yard back onto a school field, offering privacy and open exposure without rear neighbors.
Located in a quiet neighborhood within walking distance to shopping, amenities, and Parksville’s beaches, this property benefits from consistent end-user demand and strong rental fundamentals. Quick possession allows for immediate renovation or tenant placement.
An excellent opportunity for flippers, buy-and-hold investors, or those seeking to reposition a detached home in a high-demand coastal market. All measurements are considered approximate & should be verified if important.
FEATURES
Property Features
- 2 Bedrooms
- 2 Bathrooms
- 1,180 Sq Ft of Finished Living Space
- Rancher-Style Layout (Single Level Living)
- Level Lot
- Fully Fenced Yard
- Quiet Neighborhood
Interior Highlights
- Separate Laundry Room
- Functional Floor Plan
- Brick Feature Accents
- Bright Living Areas
- Updated Windows
- 3-Year-Old Hot Water Tank
Exterior & Parking
- Double Car Garage
- Large Parking Apron (Room for Up to 4 Vehicles)
- Ample RV Parking
- Covered Rear Patio
- Private Backyard Backing onto School Grounds
- Low-Maintenance Yard Potential
Location Benefits
- Walking Distance to Shopping & Amenities
- Walking Distance to Parksville Beach
- Backs Onto School Field (No Rear Neighbors)
- Central Parksville Location
Additional Value Points
- Quick Possession Available
- Strong Renovation & Value-Add Potential
- Excellent Holding Property or Flip Opportunity
- High Demand Area for Resale or Rental
