0.67 km
Distance
Investment property of .82 Acres with 9 rentable single tenant units with a high yield income asset (7-10% Cap Rate. This 3 title parcel which can not be subdivided is only 5 minutes to downtown Parksville and is in great condition. The Current Owners have expended time and energy over 14 years into maintaining and repairing as required and have skillfully built a cohesive group of excellent, mostly contented, tenants with an almost guaranteed income for the owner of $75, 000 net of expenses per year. The homes consist of a Fourplex, a Duplex with Storage Room, a Double Wide Mobile home, a Single wide mobile home and a Cabin. There is also a communal Laundry Building. There is enough water to cover all of the Homes and buildings and also service 3 Allsbrook properties with legal parameters established and documented by Heath Law. There are 3 Septic Fields and 3 separate tanks. The area is well treed providing green aspects, shade and privacy. Tenants have established gathering, relaxing and cook-out spaces as well as play space. The zoning is R3 Village Residential 3. The current use is and has always been Legal Non Conforming. It could not be rebuilt to 9 units in the event of a fire but this zoning does allow for ''Care Services for 10 persons'' as well as ''Accessory Buildings and Structures''. The logistics of showing individual or all units will require time and negotiation. Please feel free to phone your favourite residential or Commercial Realtor to arrange. with the Listing Agent. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Errington, BC area.
12/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
14/100
Bikable
Bike Score ®
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 13/100, Transit Score: 0/100, Bike Score: 26/100.
Source: Realty.com
992 Allenby Rd, Errington, BC V9P2A9 in Errington, BC V9P2A9 is a other listed at $1,350,000. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 23 photos of 992 Allenby Rd.
The full address for this home is 992 Allenby Rd, Errington, BC V9P2A9.
992 Allenby Rd has been listed on Realty.com since Tue March 10, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 13/100, Transit Score: 0/100, Bike Score: 26/100.
Listing provided courtesy of:
RE/MAX First Realty (PK)
Listing agent:
Vivien Sears
This content last refreshed on 2026-06-08 12:17:09. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.