279 Dunbar Way
Parksville, BC V9P0G6
$3,100,000
Property Details
Property & Lot
- Lot size
- 1.98 acres
- Zoning
- Multi-Family
RS-2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $21,377
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1037522
- Listed
- May 21, 2026
- Time on market
- On the market for 102 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.
Description
Discover an outstanding opportunity to secure a 1.98-acre development site in one of Parksville’s most desirable and rapidly growing neighborhoods. Located within the vibrant Seaside community, this property benefits from excellent walkability, strong population growth, and sustained housing demand, creating the ideal setting for your next residential project. Currently zoned RS-2, the site permits a range of low to medium-density housing options, including townhomes, fourplexes, and single-family homes with suites, offering flexibility to maximize development potential. Surrounded by favourable demographics and supported by a strong local real estate market, this is a rare opportunity to create a thoughtfully planned residential community in a highly sought-after location. Position your next project for success and capitalize on Parksville’s continued growth. (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
30
5/9 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
| School | Type | Distance |
|---|---|---|
| Springwood Elementary | Elementary | 640 m |
| Ecole Secondaire Ballenas Secondary | Secondary | 1.8 km |
| Pass/Woodwinds Alternate | Secondary | 1.9 km |
| Errington Elementary | Elementary | 3.6 km |
| Oceanside Elementary | Elementary | 3.7 km |
| Arrowview Elementary | Elementary | 7.1 km |
| Kwalikum Secondary | Secondary | 9.2 km |
| Nanoose Bay Elementary | Elementary | 10.4 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 (2)
- Realm Food Co740 m
- Bread and Honey Food Company · 162 Harrison Avenue741 m
Grocery (1)
- Quality Foods Parksville · 371 Alberni Highway249 m
Parks (2)
- Woodland Park · 16 Woodland Drive370 m
- Eagle Park · 140 Eagle Park Terrace744 m
Pharmacies (1)
- Parksville Pharmacy · 383 Alberni Highway313 m
Banks & ATMs (1)
- RBC · 152 Alberni Highway703 m
Nearby places data: © OpenStreetMap contributors.
School district: Qualicum (SD69)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($620,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.