This beautifully maintained Newcastle model offers 3 bedrooms, 2 bathrooms, and the ease of comfortable one-level living. The bright, open-concept floor plan is ideal for both everyday living and entertaining, featuring beautiful hardwood floors, spacious living and dining areas, and an abundance of natural light. The generous primary bedroom includes a walk-in closet and a private ensuite, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Thoughtful updates throughout mean you can move in with confidence, including a newer roof and a high-efficiency furnace installed just six years ago. Step outside and enjoy the peaceful setting, beautifully maintained landscaping, and the exceptional lifestyle that Craig Bay is known for. Residents have access to outstanding amenities including a clubhouse, fitness centre, outdoor pool, tennis courts, and scenic walking trails, all just moments from the beach.
Property details
3
Beds
2 full
Baths
1,842 ft²
Floor area
2005
Year built
4
Parking
$624/mo
Strata fee
$5,622/yr
Gross tax
Location & structure
Single Family
Type
Yes
Garage
1
Fireplace
Parksville
Area
Listed
July 6, 2026
Structure
Row / Townhouse
PID
026-385-945
Property highlights
Gym
Pool
Meeting/Party Room
Features & inclusions
Heating
Forced air
Cooling
None
Parking
Garage
Community
Family Oriented, Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Listed by Royal LePage Island Living (QU). Last updated Jul 7, 2026, 4:50 PM.
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.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $225,000 down (20%) on $1,125,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 44 listings
Detached
16
36.4%
Townhouse
15
34.1%
Condo / Apartment
5
11.4%
Land
3
6.8%
Mobile home
3
6.8%
Other
2
4.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Parksville · 385 dwellings
Semi-detached150 · 39.0%
Single-detached120 · 31.2%
Movable dwelling75 · 19.5%
Low-rise apartment20 · 5.2%
Row house10 · 2.6%
Apartment in duplex5 · 1.3%
Other single-attached5 · 1.3%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59210271· Parksville· 3.25 km²
Median rent here
$1,380
Owner shelter cost
$1,000
Renters
24.4%
30%+ on shelter
17.9%
Population (2021)
694
Median age
71.5
Avg household size
1.8
Avg household income
$87,200
Renters
24.4%
Owners
76.9%
Immigrants
21.8%
Post-secondary
60.8%
Avg home value
$612,000
Single status
9.7%
Not in labour force
81.5%
Households with kids
7.9%
Median rent
$1,380
Owner shelter cost
$1,000
30%+ on shelter
17.9%
Breakdown
Under $5,000
5
1.3%
$15,000 to $19,999
5
1.3%
$20,000 to $24,999
15
4.0%
$25,000 to $29,999
10
2.7%
$30,000 to $34,999
15
4.0%
$35,000 to $39,999
20
5.3%
$40,000 to $44,999
15
4.0%
$45,000 to $49,999
20
5.3%
$50,000 to $59,999
35
9.3%
$60,000 to $69,999
25
6.7%
$70,000 to $79,999
25
6.7%
$80,000 to $89,999
25
6.7%
$90,000 to $99,999
30
8.0%
$100,000 to $124,999
55
14.7%
$125,000 to $149,999
30
8.0%
$150,000 to $199,999
25
6.7%
$200,000 and over
20
5.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210271).
Market story
Rent in Parksville
Census 2021 avg $1,380/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
