Lot 15 Spruce St

About this home

This 0.72-acre unserviced lot is prime for multi-family development, backed by solid ground conditions and dense subsoil. The unique sloped topography offers both stunning views and creative architectural opportunities. A preliminary geotechnical report is already complete, confirming the site safe for construction using engineered foundations or retaining walls to maximize the buildable footprint. Currently zoned R-I, the property includes two professionally designed rezoning concepts: a high-density 30-unit apartment building with three levels of underground parking, or an exclusive 8-unit luxury townhouse complex. Services are conveniently located just down the road from the northeast of the property. (id:65179)

Property details

From the listing's public record.

Current market in Parksville/Qualicum

Buyer's market — 15.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

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  $360,000

  — · — · — · 14 days on market

  Sold Jun 10, 2026 · 98.8% of list

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  $360,000

  — · — · — · 14 days on market

  Sold Jun 10, 2026 · 96.1% of list

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  Sold Jun 10, 2026 · 93.6% of list

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  $603,750

  — · — · — · 131 days on market

  Sold Jun 5, 2026 · 101.5% of list

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  $460,000

  — · — · — · 7 days on market

  Sold Jun 1, 2026 · 98.1% of list

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  $1,600,000

  — · — · — · 6 days on market

  Sold May 29, 2026 · 100.1% of list

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  $534,450

  — · — · — · 15 days on market

  Sold May 28, 2026 · 105% of list

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  $315,000

  — · — · — · 297 days on market

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  $425,000

  — · — · — · 84 days on market

  Sold May 13, 2026 · 77.3% of list

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  $1,000,000

  — · — · — · 98 days on market

  Sold May 8, 2026 · 90.9% of list

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  $225,000

  — · — · — · 129 days on market

  Sold Apr 15, 2026 · 90% of list

• 2200 Rascal Lane

  $650,000

  — · — · — · 136 days on market

  Sold Mar 31, 2026 · 88% of list

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