353 Moilliet St S, Parksville, British Columbia V9P 2M3

Development Opportunity in a Prime Parksville location! Plans are already drawn to construct a 26 unit townhome complex on a 1.027 acre lot that is right 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. With City of Parksville approval, build the 26 townhomes or bring your own development ideas. Buyers to do their own Due Diligence of course. 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 listing agent to make an appointment. (id:27476)

This property is being offered as Freehold ownership, with a land size of 1.02 acres and a total of 2 parking spaces available.

Located at 353 Moilliet St S in the city of Parksville, British Columbia, this property presents an exciting development opportunity in a highly sought-after area. With plans already in place for the construction of a 26 unit townhome complex on the 1.027 acre lot, the potential for rezoning to Multifamily is evident, with the application process for RS-3 High Density already underway.

The current zoning is RS-1, but the Official Community Plan designates the area as 'Transitional Residential', opening up the possibility for a variety of development ideas. The location offers easy access to amenities such as schools, the Oceanside Health Centre, senior care facilities, shopping, downtown, and the beach, making it an attractive prospect for potential buyers.

All necessary utilities, including electricity, water, natural gas, telephone, and sewer, are readily available. The property is currently tenanted, providing the opportunity to collect rent until the zoning application is approved, adding to its appeal as an investment opportunity with endless potential.

For those interested in exploring this development opportunity further, the listing agent can be contacted to schedule an appointment to view the property.

As a house type property, it features a total of 3 bedrooms, 1 bathroom, and a fireplace, with heating provided by electric baseboard heaters.

Overall, this property presents an attractive investment opportunity with the potential for a lucrative development in a prime location within Parksville, British Columbia.