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Legal suite

$749,000

652 Ermineskin Ave

Beds

3

Baths

3

Sqft

Year

1990

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

Inspiring Parksville Rancher with Legal Suite! Don’t miss this 1774 sqft 3 Bed/3 Bath Rancher with a full 480 sqft Legal Suite, set on a sunny, fully fenced .18-acre lot in the heart of Oceanside, with easy access to the beach, schools, transit, and downtown shopping! Quite possibly one of the most flexible homes you’ll encounter, it is ideal for a wide range of living situations—offering excellent dual-income rental potential, with both the Main Home and Suite currently tenanted by occupants who would like to stay, creating a standout opportunity. Alternatively, a young family can live comfortably in the Main Home while renting the Suite as a mortgage helper and building equity, while active couples may appreciate the extra space for in-laws or extended family. It’s equally well-suited for retirees needing room for a live-in caregiver or seeking steady monthly income. Whatever your needs, this property is designed to meet and exceed them. A skylighted foyer welcomes you into the main 2 Bed/2 Bath home, where a spacious Living/Dining Room offers comfortable gathering space. The Living Room features a large bay window and a red brick hearth with a newer nat gas fireplace, while the Dining Area includes a lighted ceiling fan and room for a full dining set and hutch. The eat-in Kitchen offers ample wood cabinetry, good counter space, and updated laminate flooring. A bright nook with sliding doors opens to a covered deck and sunny south-facing backyard. The fully fenced yard is private and generous, with gardens, lawn space, fruit trees, a greenhouse, veggie area, and storage shed. The Primary Suite features a ceiling fan, jetted tub, and ensuite with heated tile and shower. Also included are a Second Bedroom, 4-piece Bath, and Laundry Room. A self-contained 1 Bed/1 Bath Legal Suite with separate entry features open living space, a nat gas stove, updated flooring, a Kitchen, private patio, and yard access. Visit our website for more info. (id:65958)

Subtype
Single Family
Architectural style
Character
Structure
House
Community
Parksville
Common interest
Freehold
Living area
1,774 square feet
Lot size
7,892 square feet
Lot dimensions
7892
Parking
3 total
Fireplace
2
On market
Mar 27, 2026
Status changed
Apr 16, 2026
Annual tax
$4,192
Zoning
Residential
Photos
36
MLS#
1030124
Area
PARKSVILLE

Features and systems

Parking

Stall

Appliances

WasherRefrigeratorRange - ElectricDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationOtherMarine Oriented
Negative cash flow ~$121/mo at these assumptions

Cash on cash

-0.97%

Cap rate

4.67%

GRM

13.9

Break-even rent

$4,627

Financing

Down payment$149,800
Loan amount$599,200
Mortgage$3,036/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$343
Insurance$80
Maintenance$624
CapEx reserve$312
Vacancy loss$225

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.

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 $3,036/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.

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