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.
Address
50 Magnolia Dr
List Price
$725,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Parksville/Qualicum
Sub-Area
PQ Parksville
Bedrooms
3
Bathrooms
2
Floor Area
1,426 Sq. Ft.
Lot Size
7363 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1994
MLS® Number
1027969
Listing Brokerage
IRIS Properties Real Estate Inc.
Basement Area
None
Postal Code
V9P 2P5
Tax Amount
$4,180.42
Tax Year
2025
Features
Baseboard, Basement Slab, Carpet, Central Vacuum, Dishwasher, Electric, F/S/W/D, Linoleum, Natural Gas, Vinyl Frames
Amenities
Fencing: Partial, Landscaped, Level, Sidewalk