Property Type: Condo / ApartmentOwnership: Strata

201 220 Island Hwy W

Parksville, BC V9P2P3

$550,000

2 bed2 bath1 parking1,477 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$405/mo
Annual property tax
$2,985

Interior

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

Exterior & Lot

View
Ocean view

Parking

Total spaces
1

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
BalconyMain level4'11 x 7'1
BalconyMain level5'4 x 6'10
Laundry roomMain level3'11 x 8'0
Dining nookMain level7'5 x 8'8
Living roomMain level24'4 x 13'4
EnsuiteMain level3-Piece
BathroomMain level4-Piece
BedroomMain level20'11 x 12'6
Primary BedroomMain level17'0 x 13'3
KitchenMain level11'3 x 14'9
Dining roomMain level9'6 x 12'5

Listing Information

MLS®
1045113
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Welcome to this bright and spacious corner condo at Ocean Park in the heart of Parksville! Offering 1,477 sq. ft. of well-designed living space, this home features an open-concept living and dining area with a cozy gas fireplace, creating a warm and inviting space for relaxing or entertaining. The adjoining breakfast nook sits beside the functional kitchen, which offers ample cabinetry and counter space. The large primary bedroom includes a walk-in closet, private 3-piece ensuite, and access to its own balcony oasis, while the second bedroom is ideal for guests or a home office. Enjoy two private balconies, in-suite laundry, updated flooring, and a welcoming layout designed for comfortable everyday living. Secure underground parking, elevator access, and a well-maintained building add to the appeal. Ideally located directly across from the beach and just moments from shopping, restaurants, cafés, parks, and everyday amenities, this is coastal living at its best. (id:63159)

Values & Trends

This listing

$372/sqft

Building average

$371/sqft

1 active listing(s)

Waterford Place average

$371/sqft

1 active listing(s)

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

48

7/9 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 ElementaryElementary1.3 km
Ecole Secondaire Ballenas SecondarySecondary1.7 km
Pass/Woodwinds AlternateSecondary1.9 km
Oceanside ElementaryElementary3.3 km
Errington ElementaryElementary4.3 km
Arrowview ElementaryElementary6.8 km
Kwalikum SecondarySecondary9.0 km
Nanoose Bay ElementaryElementary10.6 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+)

  • Unnamed27 m
  • Unnamed193 m
  • Unnamed194 m
  • Bread and Honey Food Company · 162 Harrison Avenue207 m
  • Masala Hut · 144 Morison Avenue224 m

Cafes (1)

  • cha cha java - cafe664 m

Grocery (1)

  • Kabayan Oriental Foods · 138B Middleton Avenue513 m

Parks (5+)

  • Sutherland Park · 395 Sutherland Place376 m
  • Unnamed520 m
  • Woodland Park · 16 Woodland Drive580 m
  • Parksville Community Park · 193 East Island Highway659 m
  • Marks Nature Park · 124 Finholm Street North769 m

Shopping (1)

  • Fields444 m

Pharmacies (2)

  • Shoppers Drug Mart · 140 East Island Highway486 m
  • Tablet Pharmacy566 m

Banks & ATMs (2)

  • CIBC · 130 Morison Avenue265 m
  • RBC · 152 Alberni Highway398 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$727.70
Total monthly cost$3,566.43
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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.

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