For Sale: 992 Allenby Road, Errington, BC - REW
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$1,350,000
0 bd 0 ba 0 sf House

992 Allenby RoadErrington, BC, V9P 2A9

  • 0 Bed
  • 0 Bath
  • 0 Sqft
  • House

About this home

Investment property of .82 Acres with 9 rentable single tenant units with a high yield income asset (7-10% Cap Rate. This 3 title parcel which can not be subdivided is only 5 minutes to downtown Parksville and is in great condition. The Current Owners have expended time and energy over 14 years into maintaining and repairing as required and have skillfully built a cohesive group of excellent, mostly contented, tenants with an almost guaranteed income for the owner of $75,000 net of expenses per year. The homes consist of a Fourplex, a Duplex with Storage Room, a Double Wide Mobile home, a Single wide mobile home and a Cabin. There is also a communal Laundry Building. There is enough water to cover all of the Homes and buildings and also service 3 Allsbrook properties with legal parameters established and documented by Heath Law. There are 3 Septic Fields and 3 separate tanks. The area is well treed providing green aspects, shade and privacy for Tenants .Call now to view.
Listed by: Vivien Sears, RE/MAX First Realty (PK)

Home facts and features

Price details
List Price
Gross Taxes for 2025
$5,940
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
15
Parking Details
Open
Property Type
House
Lot Size
36155 ft²
Title
Freehold
Style
Other
Exterior Finish
Other
Heating Type
Electric
Basement Details
Other
Agent details
Primary Agent
Primary Broker
RE/MAX First Realty (PK)
Listing details
Days on REW
86 Days
Property Views
330
MLS® Number
1028092
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Errington Elementary School
  • Public
  • K - 7
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.