- Active
SL1 – 601 Cedarwood Way
Parksville · Vacant Land
- Lot size
- 4,349 ft²
Listed by REMAX Professionals (NA) · MLS® 1013817
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Sign inAbout this home
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.
Home facts
- Lot size
- 4,349 sq ft
- Parking
- 2
- Property type
- Vacant Land
- Area
- Parksville
- Listed
- November 24, 2025
- PID
- 032-638-019
- Common interest
- Condo/Strata
Highlights
- Waterfront
Features and inclusions
- Lot
- Central location, Curb & gutter, Level lot, Partially cleared, Other, Marine Oriented
- Community
- Family Oriented
Rooms and building
- Water
- Zoning
- Residential
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
- $1,654
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,904
Purchase snapshot
- List price
- $349,000
- Down payment
- $69,800 (20%)
- Estimated mortgage
- $279,200
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
- $2,187
- 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
- $987 a month
- Gross yield
- 3.4%
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.
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
Townhouse · 29%
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.
