Property Type: Land / LotOwnership: Freehold

1350 Greig Rd

Parksville, BC V9P1R6

$1,225,000

0 bed0 bath100 parking
Get Directions

Property Details

Property & Lot

Lot size
3.04 acres
Zoning
Agricultural

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$2

Interior

Fireplace
None

Parking

Total spaces
100

Listing Information

MLS®
1032291
Listed
April 15, 2026
Time on market
On the market for 138 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

RARE INDUSTRIAL LAND OPPORTUNITY – PARKSVILLE Exceptional opportunity to acquire 3.01 acres of prime industrial-designated land ideally located adjacent to Parksville’s premier industrial park, just off the highway and minutes from downtown. This property is zoned A-1 (not in the Agricultural Land Reserve) and is designated for industrial use within the Official Community Plan (OCP), positioning it as a strong candidate for future industrial development. The City of Parksville has identified this area as part of its expanding industrial corridor, further supporting long-term value. The property is serviced with a mobile home, septic system, drilled well, and 200-amp electrical service, offering flexibility for interim use or holding. Additional Opportunity: The neighbouring property at 1370 Greig Road (3.88 acres) is also available, presenting a rare chance to assemble nearly 7 acres of industrial-designated land in one of Parksville’s most strategic growth areas. Industrial land of this size and location is extremely limited—this is a unique opportunity for investors, developers, or owner-users looking to secure a foothold in a high-demand market. Contact the listing agent for full details. (id:63159)

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

11

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
Springwood ElementaryElementary3.8 km
Ecole Secondaire Ballenas SecondarySecondary4.9 km
Pass/Woodwinds AlternateSecondary5.1 km
Errington ElementaryElementary5.8 km
Oceanside ElementaryElementary6.5 km
Nanoose Bay ElementaryElementary7.5 km
Mountain View ElementaryElementary8.1 km
Arrowview ElementaryElementary10.0 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)

  • Black Goose Inn754 m
  • Black Goose Inn757 m
  • Cedars Restaurant & Lounge · 1155 Resort Dr785 m

Parks (2)

  • Tanglewood Park366 m
  • Resort Drive Park · 1160 Resort Drive788 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($97,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$980,000.00
Periodic payment — Principal & Interest (monthly)$6,322.63
Additional monthly expenses (strata, tax, utilities, etc.)$0.17
Total monthly cost$6,322.79
Interest paid over 5-yr term$280,870.82
Balance at end of term$881,513.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$97,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,670.08

Cash Needed at Closing

Minimum down payment$97,500
Estimated BC PTT$22,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$121,500

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.

Request more information