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Investment signal

$599,900

6 1175 RESORT Dr

Beds

2

Baths

2

Sqft

Year

2020

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

Experience the pinnacle of West Coast living with this exceptional luxury beachfront townhome/half duplex in the heart of Parksville's Resort Drive—an ideal blend of personal enjoyment and strong income potential. Perfectly positioned steps from the sand and overlooking the stunning waters of the Georgia Strait, this beautifully appointed residence offers the ultimate coastal lifestyle. Designed with comfort and elegance in mind, the home features a spacious open-concept layout, upscale finishes, and seamless indoor-outdoor living—ideal for entertaining or relaxing after a day at the beach. Located within a sought-after resort-style community near Rathtrevor Beach Provincial Park, owners and guests enjoy access to premium amenities including a heated outdoor pool, hot tub, fitness centre, clubhouse, and private beach access—features that consistently attract high guest demand. Close to Golf Courses, Hiking Trails, Restaurants and Shopping. This turnkey property is fully equipped for short-term rentals and benefits from professional on-site or local management options, making ownership effortless while maximizing revenue. Parksville remains a highly desirable vacation destination with strong year-round occupancy, repeat visitors all supporting excellent return on investment potential. Whether you’re seeking a luxury getaway, a smart investment, or both, this rare beachfront townhome offers the best of island living with proven income-generating capability. All Measurements and Data is approximate and to be verified if important. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
SUNRISE RIDGE RESORTS
Common interest
Condo/Strata
Living area
1,100 square feet
Parking
1 total
Condo/HOA fee
$645 monthly
Fireplace
1
On market
Apr 2, 2026
Status changed
Apr 16, 2026
Annual tax
$3,252
Zoning
Commercial
Photos
68
MLS#
1030475
Area
PARKSVILLE

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Heat PumpElectric

Cooling

Air Conditioned

Lot

Level lotOther

Community

Family OrientedPets Allowed With Restrictions
Negative cash flow ~$1,199/mo at these assumptions

Cash on cash

-11.99%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,262

Financing

Down payment$119,980
Loan amount$479,920
Mortgage$2,944/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275
Insurance$80
Maintenance$500
CapEx reserve$250
Vacancy loss$150

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 $2,944/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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