Development Opportunity in a Prime Parksville location! Plans are already drawn to construct a 26 unit townhome complex on a 1.027 acre lot that is right across the street from the new Quality Foods. Next door is the 253 rental unit Cascara development and 360 Moilliet St is building 87 units. Current zoning RS-1 but OCP has designated 'Transitional Residential' meaning potential to rezone Multifamily and the application process for RS-3 High Density is already underway. With City of Parksville approval, build the 26 townhomes or bring your own development ideas. Buyers to do their own Due Diligence of course. Walk to school, Oceanside Health Centre, senior care, shopping, downtown, the beach. This location has it all. All Utilities available: electricity, water, natural gas, telephone, sewer. Property is currently tenanted -- collect rent until zoning application is approved. Endless potential.