1 / 35
Investment signal

$399,900

305 194 Beachside Dr

Save this home

Beds

1

Baths

1

Sqft

Year

2009

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

Experience true beachfront living in this third-floor 1 bedroom, 1 bathroom residence at the renowned The Beach Club Resort in the heart of Parksville. Offering approximately 670 sq ft of well-designed living space, this inviting unit combines comfort, convenience, and spectacular natural surroundings. Large windows fill the home with natural light while showcasing stunning views of Mount Arrowsmith, creating a peaceful coastal retreat you’ll enjoy year-round. The open living and dining area features beautiful hardwood flooring and flows seamlessly into the kitchen, making the space both functional and welcoming. The bedroom is spacious and bright, while the bathroom offers the added luxury of heated tile floors for year-round comfort. Step outside and enjoy direct access to the famous sandy shoreline of Parksville Beach, perfect for long walks, beachcombing, and taking in Vancouver Island’s stunning sunsets. As part of The Beach Club community, owners and guests can enjoy exceptional amenities including an indoor pool, hot tub, sauna, and fitness center. Located just steps from Parksville’s vibrant downtown, you’ll have easy access to restaurants, cafés, shopping, and local parks. Whether you’re looking for a full-time residence, vacation getaway, or investment opportunity, this beautiful beachfront condo offers the best of West Coast lifestyle living. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Beachclub Residences
Common interest
Condo/Strata
Living area
670 square feet
Parking
1 total
Condo/HOA fee
$348.29 monthly
Fireplace
1
On market
Mar 10, 2026
Status changed
Apr 16, 2026
Annual tax
$2,343
Zoning
Multi-Family
Photos
34
MLS#
1028342
Area
PARKSVILLE

Features and systems

Parking

Underground

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersNatural gas

Cooling

None

Community

Family OrientedPets Allowed With Restrictions
Negative cash flow ~$484/mo at these assumptions

Cash on cash

-7.26%

Cap rate

3.41%

GRM

16.7

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$100

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 $1,621/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 16, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.