Property Type: Detached HouseOwnership: Freehold

1 Sylvan Cres

Parksville, BC V9P1H1

$1,182,000

4 bed2 bath3 parking1,615 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
House
Lot size
8,496 square feet
Zoning
Residential

RS-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,155

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BedroomSecond level9'4 x 13'2
BathroomSecond level4-Piece
Living roomMain level13'6 x 14'8
Dining roomMain level9'10 x 12'4
KitchenMain level11'7 x 13'2
Laundry roomMain level5'8 x 7'9
BathroomMain level3'0 x 7'9
BedroomMain level12'7 x 12'7
WorkshopMain level8'2 x 12'7
EntranceMain level4'8 x 6'1
Primary BedroomSecond level11'5 x 17'8
BedroomSecond level8'0 x 13'4

Listing Information

MLS®
1041010
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: Easy List Realty · Data source: CREA DDF.

Description

Rare Parksville Opportunity: Two Homes on One Private Lot! Tucked away in a peaceful setting in the heart of Parksville, this exceptional property offers a perfect blend of tranquility, flexibility, & convenience. Just a short walk from beautiful beaches, downtown amenities, scenic wetland trails, schools and a shopping mall, this location is truly unmatched.The meticulously maintained main residence is a solidly built 1977 home offering 4 bedrooms and 2 full bathrooms. Ready for your personal design ideas, significant improvements include a durable 50-year cedar shake roof (installed 12 years ago), upgraded perimeter drainage, a new hot water tank, and a newer front picture window. In the living room a cozy gas fireplace provides warmth capable of heating most of the home. In 2023, the main-level bathroom was professionally converted into a full bathroom with modern finishes and is adjacent to a generous size bedroom, ideal for guests or convenient main-level living. Adding tremendous value is the detached, recently constructed 703 sq. ft. cottage. Bright and inviting, soaring vaulted ceilings create an airy, open atmosphere. The cottage features an open living room with cozy gas fireplace, large kitchen with premium stainless steel appliances, a large bedroom, versatile den, and beautifully appointed bathroom with a walk-in shower. Wide 36-inch doorways enhance accessibility throughout. Additional features include in-suite laundry, an energy-efficient on-demand hot water system, and a large private patio. The driveway provides ample parking with dedicated space to accommodate a boat or recreational vehicle. Enjoy the peaceful privacy of a secluded retreat while remaining within easy walking distance of everything Parksville has to offer! (id:63159)

Values & Trends

This listing

$732/sqft

Building average

No other active listings in this building

Parksville average

$543/sqft

73 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,642

(2021 Census)

+9.5% since 2016

Density: 939.5/km²

Dwellings: 7,105

Median household income: $66,500

After-tax: $61,200

Immigrant population: 17.1%

Top countries of origin (% of total population)

  • United Kingdom6.7% · 915
  • Germany1.6% · 215
  • Philippines1.5% · 210
  • United States of America1.4% · 195
  • Netherlands0.7% · 90
  • China0.4% · 50
  • Korea, South0.3% · 45
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Ecole Secondaire Ballenas SecondarySecondary660 m
Pass/Woodwinds AlternateSecondary865 m
Springwood ElementaryElementary1.3 km
Oceanside ElementaryElementary2.4 km
Errington ElementaryElementary4.1 km
Arrowview ElementaryElementary5.8 km
Kwalikum SecondarySecondary8.0 km
Qualicum Beach ElementaryElementary10.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (3)

  • Kavalas · 180 Moilliet Street North598 m
  • The Bayside Restaurant & Lounge · 240 Dogwood Street651 m
  • Tan's Kitchen · 332 West Island Highway739 m

Parks (5+)

  • Sylvan Park · 36 Sylvan Crescent84 m
  • Marks Nature Park · 124 Finholm Street North291 m
  • Linear Park · 647 Ermineskin Avenue431 m
  • Young Park · 362 Young Street448 m
  • Brice Park · 647 Brice Avenue449 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($93,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$945,600.00
Periodic payment — Principal & Interest (monthly)$6,100.69
Additional monthly expenses (strata, tax, utilities, etc.)$593.92
Total monthly cost$6,694.61
Interest paid over 5-yr term$271,011.68
Balance at end of term$850,570.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$93,200
Stress test qualifying rate8.09%
Payment you must qualify for$8,372.49

Cash Needed at Closing

Minimum down payment$93,200
Estimated BC PTT$21,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$116,340

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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