Property Type: Detached HouseOwnership: Freehold

439 Craig St

Parksville, BC V9P1L2

$1,250,000

4 bed2 bath4 parking2,275 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Lot size
1.2 acres
Zoning
Residential

RS-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,265

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomLower level12'3 x 9'5
BedroomLower level12'3 x 9'8
BathroomLower level3-Piece
Laundry roomLower level9'6 x 13'5
Family roomLower level22'4 x 17'8
StorageMain level4'4 x 6'1
Primary BedroomMain level11'5 x 19'11
BedroomMain level9'1 x 10'1
BathroomMain level3-Piece
Eating areaMain level8'1 x 5'3
KitchenMain level10'1 x 10'4
Dining roomMain level10'6 x 10'4
Living roomMain level12'8 x 18'5
EntranceMain level4'3 x 6'5

Listing Information

MLS®
1040977
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

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

Description

The Most Amazing Parksville Opportunity Ever! Attention builders, developers, and renovators! Don't miss this very rare subdividible 1.2-acre parcel of land in the heart of Parksville, within walking distance of downtown shops and services, as well as the famous waterfront boardwalk and sandy beach. Original 1 owner, 2275 sqft 4 Bed/2 Bath bi-level Home, the lot offers exceptional potential—builders and renovators can purchase for land value and update the existing home, or build a dream residence on the acreage with a separate Carriage house for visitors. Developers will immediately recognize the value here: RS-1 Residential zoning, along with the expansive lot size, which allows for subdivision into multiple parcels (verify with the City of Parksville and a surveyor). From the covered front patio, step into an overheight foyer with stairs to the main level and with 2 stair lifts also installed. The open Living/Dining Room features a red brick hearth with wood-burning fireplace and large east-facing windows for morning light. The Kitchen offers abundant wood cabinetry, ample counter space, and a sunny Breakfast Area with sliding door to a 285 sqft west-facing deck overlooking the treed backyard with added southern exposure. Upstairs are a Primary Bedroom with dual double closets, a Second Bedroom, and a 3-piece Bath with tub. The 1146 sqft lower level includes a spacious Family Room with wood-burning fireplace insert, two additional Bedrooms, a 3-piece Bath with shower, a generous Laundry Room with backyard access, and a Workroom with built-in shelving. It’s a 5 minute walk to downtown shopping, as well as the oceanfront boardwalk and Parksville’s beautiful beach. You’re only minutes from grocery stores, eateries, coffee shops, the Community Park and Skate Park, and the Oceanside Health Centre. Excellent highway access puts you within easy reach of Qualicum Beach and North Nanaimo’s expansive shopping district. Visit our website for more info. (id:63159)

Values & Trends

This listing

$549/sqft

Building average

No other active listings in this building

Parksville average

$545/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

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

3/9 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 ElementaryElementary1.1 km
Ecole Secondaire Ballenas SecondarySecondary2.4 km
Pass/Woodwinds AlternateSecondary2.6 km
Errington ElementaryElementary3.5 km
Oceanside ElementaryElementary4.4 km
Arrowview ElementaryElementary7.7 km
Nanoose Bay ElementaryElementary9.8 km
Kwalikum SecondarySecondary9.8 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 Highway782 m

Parks (5+)

  • Bridgewater Park · 100 Bridgewater Lane358 m
  • Eagle Park · 140 Eagle Park Terrace410 m
  • Shelly Creek Park West · 497 Corfield Street South436 m
  • Pheasant Park · 190 Pheasant Place615 m
  • Shelly Creek Park South706 m

Pharmacies (1)

  • Parksville Pharmacy · 383 Alberni Highway762 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$636.08
Total monthly cost$7,087.74
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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