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Investment signal

$499,900

36 1165 Resort Dr

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Beds

Baths

Sqft

—

Year

1991

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Parksville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to Ocean Sands Resort! This charming 2-bed, 1-bath unit is perfectly suited for first-time buyers, downsizers, or investors. Updates include paint, hardware, lights, furniture, toilet, vinyl & laminate flooring. A well-maintained home that offers a functional layout with bright, open living spaces. The living room flows seamlessly into the dining area, with direct access to your ground level patio. An inviting space for relaxing with easy access to the pool and grounds. The gally kitchen has ample storage and counterspace. Both bedrooms are generously sized, offering flexibility for a guest room, and a 4 piece bathroom. This unit comes fully furnished, allowing for a truly move-in-ready experience or an excellent turnkey rental opportunity. Place in the rental pool, manage your own short-term rental or simply bring your suitcase and settle in. Located in a desirable area close to amenities, shopping, and transit, this property offers both lifestyle and convenience. (id:65958)

Subtype: Single Family
Structure: Apartment
Community: Ocean Sands Resort
Common interest: Condo/Strata
Living area: 809 square feet
Parking: 1 total
Condo/HOA fee: $402 monthly
Fireplace: 1
On market: Mar 19, 2026
Status changed: Apr 25, 2026
Annual tax: $2,632
Zoning: Residential/Commercial
Photos: 43
MLS#: 1029392
Area: PARKSVILLE

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherMicrowave

Heating

Baseboard heatersElectricNatural gas

Cooling

None

Lot

Level lotOther

Community

Family OrientedPets Allowed With Restrictions

View

Ocean view

Negative cash flow ~$585/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-7.03%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,116

Financing

Down payment$99,980

Loan amount$399,920

Mortgage$2,026/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$417

CapEx reserve$208

Vacancy loss$125

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,026/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.