Property Type: Condo / ApartmentOwnership: Fractional Ownership / Strata

242 1175 Resort Dr

Parksville, BC V9P2E3

$88,000

2 bed3 bath58 parking1,062 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential/Commercial

CS-2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Fractional Ownership / Strata
Strata / maintenance fee
$593/mo
Annual property tax
$0

Interior

Heating
Hot Water, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
58

Restrictions & Policies

Pets
Not allowed

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

Room Dimensions

RoomLevelDimensions
BathroomAdditional Accommodation8'0 x 9'3
Primary BedroomAdditional Accommodation11'4 x 16'10
EntranceMain level5'0 x 6'9
BathroomMain level8'4 x 5'4
EnsuiteMain level10'10 x 9'3
Primary BedroomMain level11'4 x 10'7
Living roomMain level15'0 x 12'10
KitchenMain level13'0 x 14'6
EntranceMain level5'0 x 6'9

Listing Information

MLS®
1044378
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 28, 2026

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

Description

Enjoy panoramic ocean & mountain views from this exceptional waterfront suite at Sunrise Ridge Waterfront Resort. This ¼ ownership Snowbird rotation offers 13 weeks annually from January through April — ideal for seasonal living, vacations, or continued rental income. The ¼ share may potentially be split into two ?-share rotations. The fully furnished 2-bed/3-bath suite features a lock-off design with 2 private accommodations: a 1-bed/2-bath suite (242A) & a 1-bed/1-bath suite with kitchenette (242B), each with A/C. Features include new cabinetry, granite countertops, radiant in-floor heating, electric fireplace, BBQ & living room hide-a-bed. Sunrise Ridge offers true resort-style living with a pool, hot tub, fitness centre, owners’ lounge, covered courtyard with fireplace, scenic walking paths & direct beach access. The $659.43 monthly ownership fee covers strata fees, utilities, insurance, maintenance & property taxes, making ownership simple, hassle-free & turnkey for owners. (id:63159)

Values & Trends

This listing

$83/sqft

Building average

$227/sqft

11 active listing(s)

Sunrise Ridge Waterfront Resort average

$65/sqft

1 active listing(s)

Parking: 58 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

33

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 ElementaryElementary4.7 km
Ecole Secondaire Ballenas SecondarySecondary5.8 km
Pass/Woodwinds AlternateSecondary6.0 km
Errington ElementaryElementary6.4 km
Nanoose Bay ElementaryElementary6.6 km
Mountain View ElementaryElementary7.3 km
Oceanside ElementaryElementary7.4 km
Arrowview 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 (3)

  • Cedars Restaurant & Lounge · 1155 Resort Dr203 m
  • Black Goose Inn544 m
  • Black Goose Inn545 m

Cafes (1)

  • Serious Coffee & Tea · 1209 East Island Highway252 m

Parks (4)

  • Resort Drive Park · 1160 Resort Drive163 m
  • Unnamed329 m
  • Craig Heritage Park500 m
  • Rotary Peach Park676 m

Gyms (1)

  • Unnamed209 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Other Listings in This Building

Other units currently listed in the same building. 242 1175 Resort Dr

View building profile →
Built 2006

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$70,400.00
Periodic payment — Principal & Interest (monthly)$454.20
Additional monthly expenses (strata, tax, utilities, etc.)$646.00
Total monthly cost$1,100.20
Interest paid over 5-yr term$20,176.84
Balance at end of term$63,325.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,400
Stress test qualifying rate8.09%
Payment you must qualify for$642.85

Cash Needed at Closing

Minimum down payment$4,400
Estimated BC PTT$880
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,780

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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