Property Type: Detached HouseOwnership: Freehold

85 Magnolia Dr

Parksville, BC V9P2P6

$784,900

3 bed2 bath2 parking1,563 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
House
Lot size
6,262 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,433.59

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

Lot features
Central location, Level lot, Other, Marine Oriented

Building

Parcel ID (PID)
018-277-187

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
BedroomMain level10'6 x 11'8
BedroomMain level9'11 x 11'0
EnsuiteMain level3-Piece
Primary BedroomMain level11'0 x 13'8
Laundry roomMain level5'10 x 7'4
Family roomMain level10'0 x 13'3
Dining nookMain level7'4 x 8'10
KitchenMain level10'3 x 11'5
Dining roomMain level10'0 x 10'0
Living roomMain level13'5 x 15'8
EntranceMain level6'3 x 6'3

Listing Information

MLS®
1044253
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 30, 2026

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

Description

Beautifully updated 3-bedroom, 2-bath rancher in the sought-after Maple Glen neighbourhood! Thoughtfully maintained with quality improvements over the years, including stunning renovated bathrooms with heated flooring (main bath), new front and back rock landscaping, two new side fences with gates, a 2023 hot water tank, and newer washer and dryer. The bright living room features a cozy gas fireplace and large bay-style windows, while the spacious kitchen offers ample cabinetry. The primary bedroom includes a walk-in closet and a beautifully appointed ensuite with a walk-in shower. Enjoy outdoor living on the east facing deck overlooking the private backyard with room to garden. Complete with a heat pump, double garage, and close to walking and hiking trails, dog park, shopping, groceries, urgent care and downtown Parksville. An ideal home for families or those looking to enjoy easy one-level living. (id:63159)

Values & Trends

This listing

$502/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

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

19

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 ElementaryElementary542 m
Ecole Secondaire Ballenas SecondarySecondary967 m
Pass/Woodwinds AlternateSecondary1.1 km
Oceanside ElementaryElementary3.0 km
Errington ElementaryElementary3.5 km
Arrowview ElementaryElementary6.3 km
Kwalikum SecondarySecondary8.3 km
Qualicum Beach ElementaryElementary11.0 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 Highway674 m

Parks (5+)

  • Magnolia Park62 m
  • Maple Glen Linear Park346 m
  • Linear Park · 647 Ermineskin Avenue478 m
  • Ermineskin Avenue Park · 690 Ermineskin Avenue518 m
  • Woodland Park · 16 Woodland Drive614 m

Pharmacies (1)

  • Parksville Pharmacy · 383 Alberni Highway715 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$627,920.00
Periodic payment — Principal & Interest (monthly)$4,051.13
Additional monthly expenses (strata, tax, utilities, etc.)$447.47
Total monthly cost$4,498.59
Interest paid over 5-yr term$179,963.68
Balance at end of term$564,816.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,490
Stress test qualifying rate8.09%
Payment you must qualify for$5,624.29

Cash Needed at Closing

Minimum down payment$53,490
Estimated BC PTT$13,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$68,688

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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