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487 Pym St N, PARKSVILLE
2025-12-08
Quick Summary
- Location
- 487 Pym St N, PARKSVILLE, British Columbia V9P1B9
- Price
- $610,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1163 sqft
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year of Construction:
- 1943
MLS®#1021678
Property Description
Welcome to 487 Pym St, Parksville — an excellent turnkey investment opportunity. This well-maintained 2-bedroom rancher features an updated open-concept layout and a versatile sunroom that can function as an office or potential third bedroom, enhancing rental appeal. The property is tenant-occupied with a lease in place until July 2026 at grossing $37,200 annually, providing immediate and stable cash flow. Situated on a large corner lot, the home includes a spacious garage with custom storage cabinets, two additional sheds, and ample parking—ideal for tenants with recreational vehicles or equipment. The fully fenced, south-facing yard offers mature fruit trees (plum, cherry, apple), blueberries, raspberries, plus garden beds and ornamental landscaping, all low-maintenance and attractive to long-term renters. Located within walking distance to the ocean, parks, Wembley Mall, schools, and a short drive to golf and the marina, this property sits in one of Parksville’s most desirable and high-demand rental areas. With future development potential, including the possibility of a carriage house or duplex (buyer to verify), this is a smart hold for investors seeking both ongoing income and long-term upside. Whether you’re expanding your portfolio or securing a high-performing rental in an unbeatable location, this is a rare offering with strong fundamentals and excellent future potential. *Photos show vacant, staged property. Current property occupied by tenant. (id:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: Yes
- Interior Size: 1163 sqft
- Building Type: House
Features
- Feature: Central location, Corner Site, Other, Marine Oriented
Land
- Land Size: 8719 sqft
Ownership
- Type: Freehold
Structure
- Structure: Shed
Zoning
- Description: RS1
Information entered by eXp Realty (NA)
Listing information last updated on: 2025-12-08 17:53:59
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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