2 homes on a subdividable .40 acre parcel within walking distance of the amenities of downtown Parksville including shopping, schools and the broad sandy beach that draws holiday makers from across the country. The main residence is currently rented on a MxM basis and the owner resides in the second dwelling. There are a number of options available to any prospective purchaser including retaining the entire property for your own use or apply for subdivision, develop and sell. Not ready to occupy or develop, then keep the current tenants in place and enjoy the income stream until you are. This is a rare offering with a number of ways to create a financial upside. Regardless of how you approach this property, financially, emotionally or a mixture of both....the reward is there!