Attention investors/developers or looking to be downtown! If you are searching for a holding property with future development potential and in the meantime a great rental property? Here is a nicely updated three bedroom home 8700 sqft. lot (.20 acre) property in the heart of Parksville. The property fronts on to Lee Ave & backs onto Ford Ave, offering property access from both sides. Although it is currently zoned RS-1, it's also mixed use in the OCP, which allows for multi-family use for development. This 3-bedroom 1 bathroom 1,264 square foot house is located downtown, An easy and short walk downtown and to amenities, shops, parks and beautiful Parksville beach. Some of the updates include: new electrical service with breaker panel, New stack in garage. 40amp service to garage, New windows through RetroTek. Brand new vinyl double glazed Argon gas insulted low E film, solid foam insulated doors for all exteriors, Fully painted in and out -Benjamin Moore. Schedule your viewing today!