Rare Development Opportunity in Parksville's High Density Hot Spot. Rezoning is underway to construct 26 townhomes across 3 buildings on a 1.027 acre level lot, with Site Plans available on request for the 3 storey low rise buildings. Parksville's Official Community Plan has designated the area 'Transitional Residential' meaning strong potential to rezone Multifamily to R3 and the City has been very supportive so far. Explore higher density to RDH-4 and build condos. Buyers to do their own Due Diligence. With so many projects in the area -- next door is the 253 rental unit Cascara development and 360 Moilliet St is building 87 units -- bring your development ideas. Located across the street from Quality Foods, Cascadia Liquor, Oceanside Health Centre and Springwood Elementary. Walk to School, Shopping, Downtown, the Beach. This location has it all. Property is currently tenanted -- collect $2,000pm until your zoning application is approved. Build Your Dreams Today.