Property Type: Detached HouseOwnership: Freehold

702 Forsyth Ave

Parksville, BC V9P1E7

$685,000

3 bed2 bath4 parking1,350 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
6,964 square feet
Zoning
Residential

rs1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,862

Interior

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

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
EnsuiteMain level3-Piece
Primary BedroomMain level12'8 x 13'2
BathroomMain level4-Piece
BedroomMain level9'5 x 9'11
BedroomMain level10'4 x 12'2
Laundry roomMain level7'0 x 6'9
Living roomMain level18'8 x 13'4
Dining roomMain level11'11 x 9'2
KitchenMain level11'6 x 11'1
EntranceMain level9'3 x 6'0

Listing Information

MLS®
1041698
Listed
June 27, 2026
Time on market
On the market for 65 days
Data last synced
August 28, 2026

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

Description

Bright and Spacious Parksville Rancher! Don’t miss this charming 3 Bed/2 Bath Rancher on a fully fenced and landscaped .16-acre corner lot. This move-in-ready home features a skylight and large windows for natural light, elegant finishes, an easy-care one-level floor plan, plus a large patio and sun-soaked yard for outdoor living. Located in a great neighborhood, with easy access to the beach, schools, transit, golf courses, and downtown Parksville shopping. A covered front porch and decorative glass sidelight welcome you into a tiled foyer illuminated by a large skylight. French doors open to a spacious open-concept Living and Dining Room, ideal for both entertaining and everyday living. The Living Room features a large picture window and a red brick wood-burning fireplace, creating warmth and ambiance, while wood-finish laminate flooring flows into the Dining Room with space for a hutch. A glass door opens to a well-planned eat-in Kitchen with ample oak cabinetry, including oversized pantry cupboards, generous counter space, and a sunny garden window above the sink. There’s also room for a cozy breakfast table. A door leads to a sizable 225 sqft patio, extending the living space outdoors—perfect for relaxing or dining. The backyard offers a garden arbor, a stepping-stone walkway, a garden shed, and established plantings with sunny southern and eastern exposure. The Primary Bedroom Suite is privately located and features a walk-in closet and a 3-piece ensuite. Two additional Bedrooms with double closets provide flexibility for family, guests, or workspace needs. Completing the home is a 3-piece Main Bath and a Laundry Room with storage and direct access to the attached Double-Car Garage. This warm and welcoming home is the perfect place from which to enjoy the next amazing chapter of your life. Visit our website for more info. (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: 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

13°C

Humidity 89%

Wind SW calm 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 SecondarySecondary238 m
Pass/Woodwinds AlternateSecondary431 m
Springwood ElementaryElementary1.5 km
Oceanside ElementaryElementary2.1 km
Errington ElementaryElementary4.1 km
Arrowview ElementaryElementary5.3 km
Kwalikum SecondarySecondary7.5 km
Qualicum Beach ElementaryElementary10.2 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+)

  • Brice Park · 647 Brice Avenue317 m
  • Renz Park · 284 Renz Road345 m
  • Nicholls Park · 703 Newcastle Avenue350 m
  • Sylvan Park · 36 Sylvan Crescent425 m
  • Humphrey Park · 749 Humphrey Road462 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$548,000.00
Periodic payment — Principal & Interest (monthly)$3,535.51
Additional monthly expenses (strata, tax, utilities, etc.)$389.83
Total monthly cost$3,925.34
Interest paid over 5-yr term$157,058.38
Balance at end of term$492,927.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,932.91

Cash Needed at Closing

Minimum down payment$43,500
Estimated BC PTT$11,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,700

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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