ATTENTION INVESTORS!
Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income.
A hard-to-find investment with strong revenue potential and multiple income streams.
All measurements are approximate and should be verified if important.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1970
(Age: 55)
Living Area:
0 sq. ft.0 m2
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bedrooms:
3
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
1.32 acre(s)0.53 hectare(s)
Kitchens:
0
Construction:
Other
Basement:
Other
Foundation:
Other
Roof:
Other
Total Building Area:
0 sq. ft.0 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
0 sq. ft.0 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Septic System
Cooling:
None
Heating:
Mixed
Fireplace:
No
Ground Level
0
Yes
No
Unrestricted
Jurisdiction name:
Alberni Rural (769)
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Contact List Licensee
Exposure / Faces:
South
Layout:
Rancher
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, Open, RV Access/Parking, Other
Total Parking Spaces:
15
Date Listed:
Oct 17, 2025
Original Price:
3099000.0
Bird's eye view of a heavily wooded area
Aerial view of property's location
Aerial view
View of dirt / gravel driveway
Drone / aerial view
Drone / aerial view
Bird's eye view of a forest and a mountainous background
Bird's eye view of a heavily wooded area
Bird's eye view
Bird's eye view of a forest
Aerial overview of property's location with a heavily wooded area
Aerial view of property and surrounding area with property boundaries highlighted
Aerial view of property and surrounding area featuring a heavily wooded area and property boundaries highlighted
Data was last updated October 21, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$1,050,000
Min list price:
$139,900
Max list price:
$3,099,000
Avg days on market:
39
Min days on market:
3
Max days on market:
866
Avg price per sq.ft.:
$423.88
These statistics are generated based on the current listing's property type
and located in
PQ Errington/Coombs/Hilliers. Average values are
derived using median calculations. This data is not produced by the MLS® system.