Property Type: Condo / ApartmentOwnership: Strata

107 363 MORISON Ave

Parksville, BC V9P1P4

$315,000

1 bed1 bath1 parking805 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

RS-3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$307/mo
Annual property tax
$1,549

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Other

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
EntranceMain level4'6
Primary BedroomMain level10'7 x 12'4
KitchenMain level7'2
Dining roomMain level7'7
Living roomMain level15'5 x 16'3

Listing Information

MLS®
1047558
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Pkvl) · Data source: CREA DDF.

Description

Affordable, central living. Everything has been done for you! Super clean and bright. Just move right in. This immaculate, accessible, main floor condo may be perfect for you! Great for investors, downsizers or first home buyers. This totally redone condo boasts many new updates; window coverings, light fixtures, paint, floors, electric fireplace, mirrored doors in entryway, closet organizer, dishwasher, fridge, toilet, outdoor storage cupboard and patio furniture. East facing with a large patio (larger than balconies) looking out to green lawns and the community garden. Close to visitor parking makes it super handy when unloading groceries, etc. You also have your own assigned exterior parking spot. Steps from downtown, restaurants, coffee shops, professionals, banks, bus stop and the beautiful Parksville beach (Walk score 78) The building has just had a new roof, mailboxes and fencing done. No age restriction. Hydro $45/every 2 months. Relax on your patio, work in the garden or curl up by your fireplace and enjoy your spacious new living space. (id:63159)

Values & Trends

This listing

$391/sqft

Building average

$354/sqft

1 active listing(s)

OCEANVIEW average

No comparable active listings

Parking: 1 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

26

4/9 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
Springwood ElementaryElementary1.1 km
Ecole Secondaire Ballenas SecondarySecondary1.3 km
Pass/Woodwinds AlternateSecondary1.5 km
Oceanside ElementaryElementary3.0 km
Errington ElementaryElementary4.2 km
Arrowview ElementaryElementary6.5 km
Kwalikum SecondarySecondary8.7 km
Nanoose Bay ElementaryElementary10.9 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 (5+)

  • Tan's Kitchen · 332 West Island Highway87 m
  • Kavalas · 180 Moilliet Street North149 m
  • Unnamed351 m
  • The Bayside Restaurant & Lounge · 240 Dogwood Street391 m
  • Unnamed492 m

Parks (5+)

  • Sutherland Park · 395 Sutherland Place208 m
  • Unnamed352 m
  • Marks Nature Park · 124 Finholm Street North442 m
  • Woodland Park · 16 Woodland Drive511 m
  • Unnamed603 m

Shopping (1)

  • Fields778 m

Banks & ATMs (2)

  • CIBC · 130 Morison Avenue601 m
  • RBC · 152 Alberni Highway697 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Other Listings in This Building

Other units currently listed in the same building. 107 363 MORISON Ave

View building profile →
Built 1986

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$252,000.00
Periodic payment — Principal & Interest (monthly)$1,625.82
Additional monthly expenses (strata, tax, utilities, etc.)$476.08
Total monthly cost$2,101.90
Interest paid over 5-yr term$72,223.92
Balance at end of term$226,674.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,301.13

Cash Needed at Closing

Minimum down payment$15,750
Estimated BC PTT$4,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,550

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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