- Active
#101 – 345 Morison Avenue
Parksville · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 622
- Built
- 1986
Listed by Royal LePage Island Living (QU) · MLS® 1048223
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Sign inAbout this home
Sometimes, the perfect home isn’t about having more, it’s about having just the right amount. Whether you’re stepping into home ownership for the first time or ready to simplify and enjoy a more carefree lifestyle, this one-bedroom condo puts you right in the heart of Parksville. Just a couple of blocks from beautiful Parksville Beach, you can stroll to the waterfront, parks, walking trails, restaurants, shopping, medical services and everyday amenities. Best of all, this ground-floor home is conveniently located near the secure front entrance, with no stairs or elevators to navigate. Inside, you’ll find a comfortable bedroom, generous living space, a galley kitchen with ample cabinetry, newer fridge and new range. There’s also a practical in-suite storage and a lush private patio. The beautifully maintained common gardens, gazebo, and BBQ area offers a lovely place to relax or gather with friends. A private parking stall, guest parking, shared laundry, and hot water included in the strata fee add to the convenience. With no age restriction, a low strata fee and no rental restrictions, this affordable little home is a wonderful opportunity to get into the market, downsize with ease, or add a Parksville property to your investment portfolio.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 622 sq ft
- Year built
- 1986
- Parking
- 11
- Property type
- Single Family
- Area
- Parksville
- Listed
- September 2, 2026
- Structure
- Apartment
- PID
- 024-140-651
- Common interest
- Condo/Strata
Highlights
- Waterfront
- Patio
Features and inclusions
- Appliances
- Refrigerator, Range - Electric
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Street, Visitor Parking, Additional Parking
- Lot
- Level lot, Other, Marine Oriented
- Community
- Family Oriented, Pets Allowed With Restrictions
Rooms and building
- Water
- Zoning
- Multi-Family
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,204
- Property tax
- $75/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,429
Purchase snapshot
- List price
- $254,000
- Down payment
- $50,800 (20%)
- Estimated mortgage
- $203,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,592
- At 6.2679 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $944 a month
- Gross yield
- 4.5%
- Strata rental rules
- Rentals allowed
- From the listing remarks
"With no age restriction, a low strata fee and no rental restrictions, this affordable little home is a wonderful opportunity to get into the market, downsize with ease, or add a Parksville property to your investment portfolio."
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs. Confirm the bylaws in the strata documents before you buy.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 49%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.