Exciting Development Property. This expansive 5 acre property has amazing potential for future development with Residential and Commercial site specific zoning in place. Ideally located close to Coombs, this parcel is surrounded by nature trails and is 2 minutes to the Old Country Market and Goats on the Roof. The unique zoning, R-1.6, allows for nine dwelling units, 3 manufactured homes, as well as a retail store with a floor area of up to 10,000+ square feet. The current dwellings, which includes 8 homes as well as an 8 pad mobile home park are all income generating with excellent tenants in place. All existing dwellings are being sold as is, and all mobiles are privately owned, and are not included in the sale. There is a licensed and inspected water system in place, as well as a septic pump system to service all of the dwellings. There is unlimited potential here so don't miss out on this great opportunity!
Address |
1015/1021 Virginia Rd |
List Price |
$1,495,000 |
Sold Date |
30/11/2021 |
Property Type |
Residential |
Type of Dwelling |
Single Family Residence |
Area |
Parksville/Qualicum |
Sub-Area |
PQ Errington/Coombs/Hilliers |
Bedrooms |
12 |
Bathrooms |
6 |
Floor Area |
3,000 Sq. Ft. |
Lot Size |
196020 Sq. Ft. |
Year Built |
1955 |
MLS® Number |
886549 |
Listing Brokerage |
Royal LePage Parksville-Qualicum Beach Realty (PBO)
|
Basement Area |
Crawl Space, None |
Postal Code |
V0R 1V0 |
Tax Amount |
$4,668 |
Tax Year |
2020 |
Features |
Baseboard, Eating Area |
Amenities |
Accessible Entrance, Acreage, Shopping Nearby |