487 Pym St N Parksville, British Columbia V9P 1B9

$610,000

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:46156)

Property Details

MLS® Number	1021678
Property Type	Single Family
Neigbourhood	Parksville
Features	Central Location, Corner Site, Other, Marine Oriented
Parking Space Total	3
Structure	Shed

Building

Bathroom Total	1
Bedrooms Total	2
Constructed Date	1943
Cooling Type	None
Fireplace Present	Yes
Fireplace Total	1
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Size Interior	1,163 Ft2
Total Finished Area	848 Sqft
Type	House

Land

Access Type	Road Access
Acreage	No
Size Irregular	8719
Size Total	8719 Sqft
Size Total Text	8719 Sqft
Zoning Description	Rs1
Zoning Type	Residential

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Other	10 ft	9 ft	10 ft x 9 ft
Main Level	Primary Bedroom	10 ft	10 ft	10 ft x 10 ft
Main Level	Living Room	19 ft	13 ft	19 ft x 13 ft
Main Level	Kitchen	14 ft	12 ft	14 ft x 12 ft
Main Level	Dining Room	8 ft	6 ft	8 ft x 6 ft
Main Level	Bedroom	9 ft	9 ft	9 ft x 9 ft
Main Level	Bathroom			4-Piece

https://www.realtor.ca/real-estate/29171021/487-pym-st-n-parksville-parksville