Lot 18 Moilliet St

Multi Family For Sale in PQ Parksville, Parksville/Qualicum

$2,388,000

Development Opportunity knocks on this 1.027 acre lot! Plans are underway to construct a 26 unit townhome complex Perfectly Situated across the street from the new Quality Foods. Next door is the 253 rental unit Cascara development and 360 Moilliet St is building 87 units. Current zoning RS-1 but OCP has designated 'Transitional Residential' meaning potential to rezone Multifamily and the application process for RS-3 High Density is already underway. Add underground parking and get an additional 10 units. Build the 26 townhomes or try rezoning for RDH-4 (what Cascara has) and build luxury condos with Mountain and Ocean views. Buyers to do their own due diligence. Walk to school, Oceanside Health Centre, senior care, shopping, downtown, the beach. This location has it all. All Utilities available: electricity, water, natural gas, telephone, sewer. Property is currently tenanted -- collect rent until zoning application is approved. Endless potential. Call to make an appointment.
Address Lot 18 Moilliet St
List Price $2,388,000
Property Type Commercial Sale
Type of Dwelling Multi Family
Area Parksville/Qualicum
Sub-Area PQ Parksville
Lot Size 44431.2 Sq. Ft.
MLS® Number 912665
Listing Brokerage Royal LePage Parksville-Qualicum Beach Realty (PBO)
Postal Code V9P 2M3
Tax Amount $3,213
Tax Year 2021
Features Baseboard, Electric, Mixed
Amenities Balcony/Deck, Central Location, Easy Access, Fencing: Partial, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby

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Alex Penner

460 Realty

202-1551 Estevan Road Nanaimo BC V9S 3Y3

Office: 250-802-0203

Toll Free: 855-278-5924

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