$1,200,000
615 Chinook Ave
Beds
3
Baths
4
Sqft
—
Year
1990
About this home
Wake up to breathtaking ocean views in this versatile coastal retreat, perfectly positioned just steps from the beach and town amenities. The main level features a private, self-contained in-law suite — ideal for extended family, guests, or rental income. Upstairs, the bright and spacious living area showcases stunning ocean and mountain views, with a large kitchen designed for gathering and entertaining. Expansive decks provide the perfect setting to relax, dine, and soak in the scenery from sunrise to sunset. Situated on a large, level lot, this property offers exceptional flexibility for multi-generational living or income potential. A substantial detached shop with its own bathroom adds incredible functionality and presents excellent carriage home potential (buyer to confirm with city). There’s plenty of room for RVs, boats, recreational vehicles, and all your toys. A rare opportunity to own a property that combines lifestyle, space, and opportunity in an unbeatable location. (id:65958)
- Subtype
- Single Family
- Lot size
- 11,326 square feet
- MLS#
- 1030577
- Area
- PARKSVILLE
Cash on cash
-11.60%
Cap rate
3.57%
GRM
16.7
Break-even rent
$8,442
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: 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 15, 2026.