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425 Nimpkish Dr
NI Gold River Gold River V0P 1G0

$999,000
Commercial Sale built: 1968

Main Photo: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 1: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 2: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 3: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 4: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 5: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 6: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 7: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 8: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 9: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 10: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 11: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 12: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 13: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 14: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 15: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Photo 16: 425 Nimpkish Dr in Gold River: NI Gold River Multi Family for sale (North Island)  : MLS®# 999563
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
999563
Year Built:
1968
Parkview Apartments is a multi-family residential complex consisting of three-storey, wood-frame buildings with a total of 60 suites. Situated on a spacious 3.9-acre site in the heart of Gold River on Vancouver Island, the property offers a central location within the Village, with convenient access to schools, parks, shops, and healthcare services—all within walking distance. The unit mix includes 19 one-bedroom, 55 two-bedroom, 1 four-bedroom, and 14 three-bedroom suites. Eleven of the suites have been updated and are currently occupied. Originally constructed between 1966 and 1968, the property is zoned RM-4. While the complex has strong fundamentals and excellent location appeal, it would benefit significantly from additional capital investment and improvements, presenting a value-add opportunity for the right buyer. Not all units are in rentable condition.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1968 (Age: 57)
Lease Type:
Sale of Assets
Listing General Location:
NI Gold River, North Island
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.9 acre(s)
Taxes:
$8,800 / 2024
Building Features:
Shopping Centre, Shopping Nearby
Total Building Area:
0 sq. ft.
Commercial Area:
Downtown
Fireplace:
No
Other
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Cooperating commission 3.5% on 1st $100,000 & 1.5% on balance.
Assessed:
856900.0
Assessment year:
2025
Jurisdiction name:
Village of Gold River
Legal Description:
LOT 3, BLOCK J, DISTRICT LOT 637, NOOTKA DISTRICT, PLAN 20077 PID#003-675-211 LOT 1, BLOCK J, DISTRICT LOT 637, NOOTKA DISTRICT, PLAN 18671 PID#003-779-637
Zoning:
RM-4
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
0
Business Name:
PARKVIEW APARTMENTS
Business Type:
Accommodation
Total Units:
60
Date Listed:
May 14, 2025
Original Price:
999000.0
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Data was last updated May 15, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$699,800
Min list price:
$99,500
Max list price:
$3,950,000
Avg days on market:
121
Min days on market:
1
Max days on market:
1,025
These statistics are generated based on the current listing's property type and located in North Island. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.