Residentiae.
For Sale · Vancouver Island

106 1175 RESORT DRIVE

Vancouver Island · V9P2E3

$140,000

1Bedrooms
1Bathrooms
Parking
596Sq Ft

About this residence

A RARE opportunity to be a 50% owner of a 1 Bdm/1 Bath condo, by purchasing FOUR-1/8th ownerships in the beautiful resort of Sunrise Ridge in Parksville, B.C. These 1/8th fractional ownerships, (not to be confused with Time Shares,) are allocated in the ''A, D, E & F'' Rotations, which will give you 24-28 weeks of every year from early April until late December to reside or place in the rental program. Unique and accessible ground floor unit with open floorplan, vaulted ceilings, large living room & kitchen area, as well as an oversized bedroom and luxurious ensuite. Should you not wish to utilize some or all of your allocated weeks, you can place them in the resort's rental program and generate income to offset your monthly ownership fees annually. This superbly managed Vacation Rental Resort is completely ''Turn Key'' and worry free, with all furnishings, appliances, TV's, linens, kitchen items, etc. The monthly ownership fee of $880.00 (for all 4 ownerships,) includes the strata fees and all other expenses, (ie: Property taxes, all utilities, all insurance, maintenance of the unit, the grounds, replacement of furniture & items needed, as well as the use of all the resort amenities.) (id:61366)

Property details

Property type
Single Family
Style
Apartment
Ownership
Timeshare/Fractional
Bedrooms
1
Bathrooms
1
Living area
596 sq ft
Fireplace
1
Year built
2006
Annual tax
$1,637
Association fee
$880
MLS®
979915
Board
Vancouver Island
Status
Active
Listed
Oct 31, 2024
Updated
May 11, 2026

Room dimensions

RoomLevelDimensions
BathroomMain level6'1 x 10'7
Primary BedroomMain level9'10 x 16'0
KitchenMain level9'2 x 11'5
Living roomMain level12'0 x 13'5

Features & finishes

Heating

  • Baseboard heaters
  • Other
  • Electric

Cooling

  • See Remarks

Lot

  • Level lot
  • Central location
  • Other
  • Marine Oriented

Community

  • Family Oriented
  • Pets not Allowed

Views

  • Mountain view

Architecture

  • Contemporary

Financing

Mortgage calculator

Estimated monthly payment

$655/mo

Amortization

Loan amount

$112,000

Down payment

$28,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Vancouver Island

About the area

Census · V9P
27,708
Population
62
Median age
$76,000
Median income
$675,000
Median home value
80%
Home ownership
22 min
Avg. commute

Age distribution

0–14
9%
15–24
6%
25–44
14%
45–64
28%
65+
42%

Tenure

80% owners20% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 106 1175 RESORT DRIVE?

106 1175 RESORT DRIVE is listed for $140,000, in Vancouver Island.

How many bedrooms and bathrooms does 106 1175 RESORT DRIVE have?

It offers 1 bedroom and 1 bathroom.

What type of home is 106 1175 RESORT DRIVE?

106 1175 RESORT DRIVE is a Single Family, Apartment, built in 2006.

How large is 106 1175 RESORT DRIVE?

The home offers approximately 596 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $655. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $1,637 per year.

What is the Vancouver Island area like?

Vancouver Island has a population of about 27,708, a median age of 62, a 80% home-ownership rate, with an average commute of about 22 minutes.

What is the average home value in Vancouver Island?

The median dwelling value in this area is approximately $675,000, based on census data via Neighbourly.

What is the median household income in Vancouver Island?

The median household income in this area is approximately $76,000.

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