Property Type: Land / LotOwnership: Strata

SL 9 604 Cedarwood Way

Parksville, BC V9P1T5

$359,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
3,805 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$113/mo
Annual property tax
$0

Interior

Fireplace
None

Parking

Total spaces
2

Listing Information

MLS®
1014714
Listed
November 24, 2025
Time on market
On the market for 280 days
Data last synced
August 28, 2026

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

Description

Imagine walking from your home down to the beachfront and estuary. Enjoy the wildlife, the natural beauty, and feel time slow down…island style. The new Cedarwood Way subdivision offers you the opportunity to choose your lot, choose your builder and design the home that is right for you. With only 10 fully serviced lots available, now is the time to visit the subdivision, walk the lots and see how this could be your future. In addition to being on the doorstep to a natural wonderland, you are also a short stroll to excellent shopping. From boutiques to restaurants to grocery stores… all minutes away. Enjoy easy access to all major transportation corridors. An excellent opportunity to invest in your future, today. (id:63159)

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

48

5/9 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 ElementaryElementary2.5 km
Ecole Secondaire Ballenas SecondarySecondary3.4 km
Pass/Woodwinds AlternateSecondary3.6 km
Oceanside ElementaryElementary4.9 km
Errington ElementaryElementary5.1 km
Arrowview ElementaryElementary8.4 km
Nanoose Bay ElementaryElementary9.0 km
Mountain View ElementaryElementary9.6 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 (5+)

  • Ichi Sushi · 541 East Island Highway80 m
  • Smitty's · 545 East Island Highway99 m
  • Papa's Burgers184 m
  • Amrikko's Indian Cuisine195 m
  • Boston Pizza · 430 East Island Highway305 m

Cafes (2)

  • Tim Hortons · 494 East Island Highway191 m
  • Starbucks · 382 East Island Highway466 m

Grocery (3)

  • Choices Market · 319 East Island Highway691 m
  • Eat Fresh Urban Market · 164 Bagshaw Street695 m
  • Thrifty Foods · 280 East Island Highway786 m

Parks (3)

  • Shelly Road Park · 186 Shelly Road137 m
  • Sunset Park · 476 Sunset Boulevard265 m
  • Meadow View Park783 m

Gyms (1)

  • Element Fitness141 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$287,200.00
Periodic payment — Principal & Interest (monthly)$1,852.92
Additional monthly expenses (strata, tax, utilities, etc.)$112.75
Total monthly cost$1,965.67
Interest paid over 5-yr term$82,312.35
Balance at end of term$258,337.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,622.56

Cash Needed at Closing

Minimum down payment$17,950
Estimated BC PTT$5,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,630

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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