487 Pym St N, Parksville, British Columbia V9P1B9

487 Pym St N
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

Bathrooms Total1
Bedrooms Total2
CoolingNone
FireplaceTrue
Fireplaces Total1
HeatingBaseboard heaters, Electric
Living Area1163 sqft

Building & Exterior

Year Built1943

Land & Location

City RegionParksville
Lot FeaturesCentral location, Corner Site, Other, Marine Oriented
Lot Size Area8719.0 sqft
Lot Size Dimensions8719
Parcel Number000-133-795

Listing & Financials

Listing OfficeeXp Realty (NA)
Originating System NameVancouver Island Real Estate Board

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3

For Sale

$610,000

487 Pym St N, Parksville, British Columbia V9P1B9

Beds

2

Baths

1

Living Area

1,163 sqft

Lot Size

8,719 sqft

Property Type

House

Year Built

1943

Listing ID1021678

Location & Map

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