Property Type: Detached HouseOwnership: Freehold

402 Young St

Parksville, BC V9P1C3

$650,000

2 bed2 bath2 parking1,353 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
7,841 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,285

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
StorageOther11'7 x 11'9
BathroomMain level4-Piece
BedroomMain level10'5 x 12'3
EnsuiteMain level2-Piece
Primary BedroomMain level11'2 x 16'7
Laundry roomMain level6'8 x 11'4
SunroomMain level7'8 x 18'2
KitchenMain level9'3 x 9'8
Dining roomMain level9'4 x 9'7
Living roomMain level16'7 x 17'11

Listing Information

MLS®
1047154
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

ONE-LEVEL LIVING WITH PRIVACY & POTENTIAL! This 2-bedroom, 2-bathroom Parksville rancher offers 1353 sq ft of comfortable living with plenty of opportunity to make it your own. Large windows bring natural light into the spacious living room, complemented by a full-height stone fireplace with mantle. The adjoining dining area leads to the updated kitchen and an 18' x 9' sunroom overlooking the backyard, providing additional seasonal space for relaxing, hobbies or enjoying the garden outlook. Down the hall are two bedrooms, including a generous primary with ensuite, plus a second full bathroom. The bathrooms have been updated and updated flooring is found in many areas throughout the home. Previously adapted for accessibility, the home may appeal to those seeking easier mobility and the convenience of single-level living. The garage and adjoining storage area have been partially converted to bonus/flex space, creating options for a home office, hobby or craft room, exercise area or additional living space. Outside, enjoy a deck overlooking the fully fenced backyard with mature landscaping and fruit trees. Set on a private corner lot, the property has driveway access from both streets, providing flexible parking and potential space for an RV. Centrally located between Parksville and Qualicum Beach, you’re close to public transportation, shopping and everyday amenities, with golf, marinas and beautiful Oceanside beaches nearby. Whether downsizing, retiring or looking for a home with room to add your own finishing touches, this property offers an appealing combination of location, privacy and potential. Measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$480/sqft

Building average

No other active listings in this building

Parksville average

$546/sqft

73 active listing(s)

Parking: 2 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

15

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
Ecole Secondaire Ballenas SecondarySecondary859 m
Pass/Woodwinds AlternateSecondary1.0 km
Springwood ElementaryElementary1.8 km
Oceanside ElementaryElementary2.0 km
Errington ElementaryElementary4.6 km
Arrowview ElementaryElementary5.4 km
Kwalikum SecondarySecondary7.7 km
Qualicum Beach ElementaryElementary10.5 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 (1)

  • The Bayside Restaurant & Lounge · 240 Dogwood Street758 m

Parks (5+)

  • Vicken Park · 355 Vicken Close118 m
  • Young Park · 362 Young Street133 m
  • Brice Park · 647 Brice Avenue310 m
  • Wisteria Park356 m
  • Aquila Park · 499 Aquila Place363 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$341.75
Total monthly cost$3,696.61
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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