Property Type: Detached HouseOwnership: Freehold

225 Dunbar Way

Parksville, BC V9P0G6

$824,900

3 bed2 bath4 parking1,685 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
4,843 square feet
Zoning
Residential

SLR-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,422

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BedroomMain level10'3 x 9'11
Living roomMain level21'4 x 22'6
Dining roomMain level10'4 x 9'6
KitchenMain level13'4 x 14'10
BedroomMain level10'0 x 10'9
EnsuiteMain level4-Piece
Primary BedroomMain level14'11 x 14'11
BathroomMain level3-Piece
Laundry roomMain level6'4 x 6'2
EntranceMain level6'9 x 10'5

Listing Information

MLS®
1046952
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

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

Description

Well-Appointed Parksville Executive Rancher! Be sure to view this bright and beautiful 1685 sqft 3 Bed/2 Bath Contemporary Rancher, ideally set on a low-maintenance .11-acre corner lot. Built in 2023, this quality-crafted, like-new home showcases stylish modern finishing, elegant special touches like decorative wainscoting panels and trayed ceilings, skylights and large windows that fill the home with natural light, and lovely outdoor living space. A host of fabulous extra features offer comfort and convenience, and the superb location puts you just a short stroll to Quality Foods and within walking distance of downtown shopping, groceries, banks, eateries, and Parksville Beach Boardwalk and its famous sandy beach! A covered patio and porch overlook a grassy front yard with garden areas, ideally positioned for sunny southwestern exposure. A contemporary glass-insert entry door with sidelight opens to a tiled foyer, where wood-finish vinyl plank flooring flows into a bright open-concept Kitchen, Living, and Dining area beneath a 9-ft ceiling. The Dining Room features a modern chandelier, while the Living Room offers a trayed ceiling with crown molding, floating shelves, and a built-in cabinet with an electric fireplace. The 4-piece Gourmet Kitchen includes a large island with breakfast bar, stainless appliances, inset lighting, quartz countertops and backsplash, shaker-style cabinetry with undermount lighting, and upper glass display cabinets. A built-in quartz-topped desk adds function. A glass door opens to an exposed aggregate patio and a covered pergola for all-weather use. The Primary Suite features a trayed ceiling, walk-in closet, and a 3-piece ensuite with double quartz vanity and walk-in shower. Two additional Bedrooms, a skylighted Main Bath, and Laundry Room complete the home. The south-facing yard offers low-maintenance landscaping, garden areas, two sheds, and full PVC fencing. Great extra features, visit our website for more. (id:63159)

Values & Trends

This listing

$490/sqft

Building average

No other active listings in this building

Parksville average

$546/sqft

73 active listing(s)

Parking: 4 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

13°C

Humidity 89%

Wind SW calm 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

22

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 ElementaryElementary730 m
Ecole Secondaire Ballenas SecondarySecondary2.0 km
Pass/Woodwinds AlternateSecondary2.1 km
Errington ElementaryElementary3.5 km
Oceanside ElementaryElementary4.0 km
Arrowview ElementaryElementary7.3 km
Kwalikum SecondarySecondary9.4 km
Nanoose Bay ElementaryElementary10.2 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

Grocery (1)

  • Quality Foods Parksville · 371 Alberni Highway363 m

Parks (4)

  • Woodland Park · 16 Woodland Drive585 m
  • Eagle Park · 140 Eagle Park Terrace598 m
  • Pheasant Park · 190 Pheasant Place724 m
  • Bridgewater Park · 100 Bridgewater Lane758 m

Pharmacies (1)

  • Parksville Pharmacy · 383 Alberni Highway376 m

Banks & ATMs (1)

  • RBC · 152 Alberni Highway783 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($57,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$659,920.00
Periodic payment — Principal & Interest (monthly)$4,257.58
Additional monthly expenses (strata, tax, utilities, etc.)$452.50
Total monthly cost$4,710.08
Interest paid over 5-yr term$189,134.97
Balance at end of term$593,600.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$57,490
Stress test qualifying rate8.09%
Payment you must qualify for$5,901.11

Cash Needed at Closing

Minimum down payment$57,490
Estimated BC PTT$14,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$73,488

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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