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SL108 – 1175 Resort Drive
Parksville · Other
Listed by Royal LePage Island Living (PK) · MLS® 1044367
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Sign inAbout this home
Amazing commercial opportunity on Parksville's famous resort Drive! This .81 acres fronts Resort Drive and is located adjacent to Sunrise Ridge Resort. This property is coming out of the Sunrise Ridge Strata & will be a standalone commercial property by Midsomer. This is an opportunity to own the commercial lot that you've always wanted. The developer would do Build to suit or buy the law outright & build your own commercial building. The zoning is CS-2, which is Tourist Commercial & has a whole host of usages. You have a captive audience on Resort Drive, which makes up close to half of the entire tourism industry in Parksville. There is also a development slated to be built soon across from this parcel, giving the buyer even more opportunity for this beautiful lot! Sunrise Ridge has direct beach access right onto the famous Rathtrevor Beach. On the second floor of this potential building, you'll even have peekaboo ocean views. This is a very rare offering that you don't want to miss!
Home facts
- Property type
- Other
- Area
- Parksville
- Listed
- July 28, 2026
- Structure
- Commercial Mix
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
Features and inclusions
- Lot
- Central location, Cul-de-sac, Level lot, Southern exposure, Other
Rooms and building
- Water
- Zoning
- Unknown
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
- $3,981
- Property tax
- $242/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,373
Purchase snapshot
- List price
- $840,000
- Down payment
- $168,000 (20%)
- Estimated mortgage
- $672,000
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
- $5,265
- 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
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)
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