50 Magnolia Dr
Parksville
V9P 2P5
$725,000
Residential
beds: 3
baths: 2.0
1,426 sq. ft.
built: 1994
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1027969
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1994
- Photos (30)
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Opportunity knocks in Parksville's beloved Springwood neighbourhood — one of the most established and family-friendly pockets in town, known for its quiet streets, mature trees, and easy walkability to Springwood Park and local schools.
This 3 bed, 2 bath rancher offers easy single-level living with a cozy gas fireplace in the living room, a primary bedroom with ensuite, attached garage, and a fully fenced backyard — great bones ready for your personal touch. Priced $22,000 below assessed value, this is the best value rancher in Parksville right now and a rare chance to build equity through your own updates. Whether you're a first-time buyer, downsizer, or savvy investor, the opportunity here is undeniable. Open House: March 14 & 15, 12–3 PM — Come see for yourself.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1994 (Age: 32)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,426 sq. ft.
- Listing General Location:
- PQ Parksville, Parksville/Qualicum
- Bedrooms:
- 3
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 7,363 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- New Construction:
- No
- Basement:
- None
- Foundation:
- Slab
- Roof:
- Asphalt Shingle
- Levels:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Basement Slab, Carpet, Linoleum
- Total Building Area:
- 1,839 sq. ft.
- Total Unfinished Area:
- 413 sq. ft.
- Commercial Area:
- Signup
- # 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:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,426 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- None
- Heating:
- Baseboard, Electric, Natural Gas
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, F/S/W/D
- Vinyl Frames
- Fencing: Partial
- Ground Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 1
- Other Equipment:
- Central Vacuum
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Rancher
- Lot Site Features:
- Landscaped, Level, Sidewalk
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Attached, Garage, RV Access/Parking
- Total Parking Spaces:
- 2
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Mar 12, 2026
- Original Price:
- 725000.0
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Listed by IRIS Properties Real Estate Inc.
Data was last updated March 12, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 194
- Avg list price:
- $599,945
- Min list price:
- $49,900
- Max list price:
- $3,495,000
- Avg days on market:
- 38
- Min days on market:
- 1
- Max days on market:
- 499
- Avg price per sq.ft.:
- $522.75
These statistics are generated based on the current listing's property type
and located in
PQ Parksville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DEANA BAUMEL PREC
- RE/MAX PROFESSIONALS
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca