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Investment signal

$625,000

7 1175 Resort Dr

Beds

2

Baths

3

Sqft

Year

2022

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to this beautifully finished 2-bedroom, 3-bathroom duplex-style townhome, ideally positioned in one of Parksville’s most desirable resort communities. One of the best-located units in the complex, this home offers an ocean view from the primary bedroom, allowing you to wake up to coastal scenery and fresh sea air. Built in 2022, the home offers 1,238 sq ft of bright, open-concept living with contemporary finishes and a thoughtfully designed layout. A crawl space provides valuable additional storage, while the upper level enjoys a peek-a-boo ocean view that enhances the coastal atmosphere. Enjoy your private patio with BBQ area and a small lawn, perfect for outdoor dining and relaxed afternoons. The complex is well maintained, offers ample open parking, and is just a short walk to the beach, making everyday living or vacation stays effortless. Resort-style amenities include a heated pool, hot tub, and beautifully maintained common areas. Offered fully furnished, this turnkey townhome delivers comfort, versatility, and true Vancouver Island coastal lifestyle in a prime Parksville location. (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
Sunrise Ridge Resorts
Common interest
Condo/Strata
Living area
1,238 square feet
Condo/HOA fee
$739.75 monthly
Fireplace
1
On market
Feb 9, 2026
Status changed
Apr 16, 2026
Annual tax
$4,280.8
Zoning
Residential/Commercial
Photos
52
MLS#
1025537
Area
PARKSVILLE

Features and systems

Parking

Open

Appliances

WasherRefrigeratorStoveDryerMicrowave

Heating

Heat PumpElectric

Cooling

Air Conditioned

Lot

OtherMarine Oriented

Community

Family OrientedPets Allowed With Restrictions

View

Ocean view

Waterfront

Waterfront on ocean
Negative cash flow ~$1,246/mo at these assumptions

Cash on cash

-11.97%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,437

Financing

Down payment$125,000
Loan amount$500,000
Mortgage$3,067/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$286
Insurance$80
Maintenance$521
CapEx reserve$260
Vacancy loss$156

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $3,067/mo at 5.49% with 20% down, 25-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 16, 2026.

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