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:44056)

Property Details

Full Address:
487 Pym St N, Parksville, British Columbia
Price:
$ 610,000
MLS Number:
1021678
List Date:
December 8th, 2025
Lot Size:
8719 sq.ft.
Year Built:
1943
Taxes:
$ 3,038

Interior Features

Bedrooms:
2
Bathrooms:
1
Air Conditioning:
None
Heating:
Baseboard heaters, Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 3,038

Floors

Finished Area:
1163 sq.ft.
Main Floor:
848 sq.ft.

Land

Lot Size:
8719 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Josef Zelko
eXp Realty (NA)

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