Cheap Homes Vancouver Island
425 Nimpkish Dr
NI Gold River
Gold River
V0P 1G0
$909,000
Commercial Sale
built: 1968
- Status:
- Sold
- Sold Date:
- Oct 01, 2025
- Sold Price:
- $909,000
- Sold in:
- 140 days
- 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 89 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. Twelve 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)1.58 hectare(s)
- Taxes:
- $8,800 / 2024
- Building Features:
- Shopping Centre, Shopping Nearby
- Total Building Area:
- 0 sq. ft.0 m2
- Commercial Area:
- Downtown
- Fireplace:
- No
- Pending Date:
- Jun 02, 2025
- Date Sold:
- Oct 01, 2025
- 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:
- 89
- Date Listed:
- May 14, 2025
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Listed by RE/MAX Check Realty, sold on October, 2025
Data was last updated October 6, 2025 at 12:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.