Property Type: Detached HouseOwnership: Freehold

43 Gerald Pl

Parksville, BC V9P1G6

$650,000

3 bed2 bath2 parking1,282 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
7,820 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,033

Interior

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

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
EnsuiteMain level3-Piece
BedroomMain level11'1 x 12'0
BedroomMain level9'11 x 11'2
BathroomMain level5-Piece
Primary BedroomMain level12'0 x 17'8
KitchenMain level9'5 x 11'0
Dining roomMain level9'2 x 9'7
Living roomMain level13'8 x 20'7

Listing Information

MLS®
1045031
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX First Realty (PK) · Data source: CREA DDF.

Description

Tucked into a quiet cul-de-sac in beautiful Parksville, a rare opportunity awaits. This 3 bed/2 bath rancher is sharply priced for first time buyers, families or seniors that want to save a little cash. All the original windows have been converted to energy efficient vinyl frames and both bathrooms have been tastefully updated. The large Primary Bedroom features a walk in closet and 3pc Ensuite with lovely walk-in shower and the 5pc Main Bathroom adds an upgraded tub and dual vanities. Kitchen counters have been updated and all appliances are stainless steel. Outside offers a relaxing covered deck looking out to a large, fully fenced back yard with privacy, gardens and a detached shop. Part of the original carport has been converted into secured storage space while still maintaining covered parking for a vehicle. Lots of potential with this property, have your realtor book a showing today. (id:63159)

Values & Trends

This listing

$507/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

7

1/9 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 SecondarySecondary312 m
Pass/Woodwinds AlternateSecondary519 m
Springwood ElementaryElementary1.3 km
Oceanside ElementaryElementary2.2 km
Errington ElementaryElementary4.0 km
Arrowview ElementaryElementary5.5 km
Kwalikum SecondarySecondary7.7 km
Qualicum Beach ElementaryElementary10.4 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

Parks (5+)

  • Sylvan Park · 36 Sylvan Crescent283 m
  • Nicholls Park · 703 Newcastle Avenue297 m
  • Linear Park · 647 Ermineskin Avenue353 m
  • Brice Park · 647 Brice Avenue360 m
  • Ermineskin Avenue Park · 690 Ermineskin Avenue411 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.)$400.08
Total monthly cost$3,754.95
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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