$724,900
145 Hirst Ave
Beds
—
Baths
—
Sqft
1,970
Year
1958
Type
Other
Suite
Investment signal
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
This turnkey mixed-use property in the heart of Parksville offers strong cash flow and minimal hassle. Generating $4,700/month, it features a fully leased 1,082 sq ft commercial space with a stable 5-year tenant and a beautifully updated 2 bed suite below (888 sq ft). Both units have level access, making them easy to rent and manage. The commercial unit includes a reception area, four offices, break space, and laundry—ideal for professional tenants. The lower suite is bright, modern, and opens to a private backyard. With 10+ dedicated parking stalls and street parking, tenant and client convenience is unmatched. Zoned for mixed use and walkable to all amenities, this is an ideal asset for investors seeking reliable income and long-term upside in a growing market. For more information contact the listing agent, Kirk Walper, at 250-228-4275. (id:65958)
- Subtype
- Other
- Structure
- Commercial Mix
- Community
- Parksville
- Common interest
- Freehold
- Lot size
- 7,058 square feet
- Lot dimensions
- 7058
- Parking
- 10 total
- On market
- Apr 14, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $7,466.57
- Zoning
- Unknown
- Photos
- 43
- MLS#
- 1032011
- Area
- PARKSVILLE
Features and systems
Heating
Cash on cash
-6.73%
Cap rate
3.52%
GRM
16.7
Break-even rent
$4,481
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.