$419,000
302 164 Alberni Hwy
Beds
1
Baths
1
Sqft
—
Year
2023
Type
Single Family
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
HERE IS YOUR OPPORTUNITY - whether you're looking for your first home, or need that second cozy spot for your 'island getaway' this beautiful, bright, open concept 1 bedroom, 1 bathroom (basically brand new) home is here for the taking. To make things even more appealing MOSAIC (building name) is one of Vancouver Island’s most environmentally-advanced multifamily residences. The creature comfort features in this home are many, but here goes; While living in your next home you'll enjoy the absolute ambient comfort of triple pane windows, heat pump for heating/cooling, and energy recovery ventilation. And for style you have gorgeous vinyl plank flooring, quartz counters, LED lighting, soft close cabinetry. For peace of mind, and reduction in insurance costs, the unit also contains water escapement sensors located strategically throughout the home. To make things even more appealing is the location of MOSAIC - it is in the core of Parksville, close to every shopping and service amenity you can possibly want. The only drawback to living in this lovely home and aesthetically, very pleasing building is that its proximity to Parksville's stunning bay and brilliant beach won't be adding too many steps to your daily 10,000 when you go to catch some rays...however, sacrifices must be made when living in Canada' paradise. (id:65958)
- Subtype
- Single Family
- Structure
- Apartment
- Community
- Mosaic
- Common interest
- Condo/Strata
- Living area
- 636 square feet
- Lot size
- 646 square feet
- Lot dimensions
- 646
- Parking
- 1 total
- Condo/HOA fee
- $266 monthly
- On market
- Apr 24, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $2,184
- Zoning
- Multi-Family
- Photos
- 30
- MLS#
- 1033320
- Area
- PARKSVILLE
Features and systems
Heating
Cooling
Community
Cash on cash
-7.15%
Cap rate
3.43%
GRM
16.6
Break-even rent
$2,625
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 26, 2026.