Frequently Asked Questions

General Questions

Strata fees

Renting

Maintenance

Answers
Click on questions to the left Oceanside Village Resort is a full ownership development. At the amazing low price you can own your own cottage. This gives you greater flexibility to use your cottage when you want to and also to earn rental income when you are not using it. The City of Parksville Zoning bylaw limits the maximum stay to 180 days per person, concurrent or non-consecutive, within one calendar year. The City of Parksville, Planning Department. For many, Oceanside is a part-time residence and family vacation getaway cottage for half of the year and a rental investment the rest of the year. It is entirely up to you whether you choose to have friends and family stay without paying rent. The owner is responsible for any cleaning charges. Each cottage comes with one space. There is also visitor parking designated on the site. You can choose one of two interior design packages, Oyster and Sand Dollar, on a presale cottage and stay within the cost parameters to alleviate additional cost. You may also customize with upgrades (see Upgrades List for pricing). The interior design package includes one hour of consultation with the Interior Design Group. Yes, Disclosure Statement and Strata Budget are included in the Sales Kit. The BC Government has implemented a split designation for resort properties. This means that property tax assessment is based on usage. However resort properties that were assessed as residential prior to the implementation of the split designation can be grandfathered with the residential assessment category. Oceanside Village Resort currently meets the grandfather conditions and the resort cottages are assessed as residential properties. We are completing six cottages at a time, in twelve stages. Please contact us to find out when construction would begin on your property. A deposit of $10,000 is required at the time of signing. Yes. We offer a 2/5/10 home warranty through the Travelers Guarantee Insurance Group. Strata fees are currently $207.81 per month. The strata council approves the strata budget once per year and this may affect the monthly fees. They cover landscaping, common area utility costs, pool maintenance, common property insurance and a contingency fund for future common property maintenance. They also cover water and sewage charges for individual cottages. Owners are responsible for the property taxes, property insurance, telephones, cable and electricity. Rental Projections are available from the sales office or this information can be sent to you. Please use the register page to receive current information Rental income is distributed monthly. No. Whether you rent out your cottage is entirely up to you, and you can use the Property Management Services for any amount of time. You are encouraged to use the Property Management Services, but it is not mandatory. If you do use the Services, there will be a rental agreement which will contain a minimum standards clause as well as a cancellations clause. The management fee is 35% of the rental income, plus $20 per hour for required cleaning. This includes marketing, advertising, reservations, housekeeping arrangements, supplies (eg. toiletries, coffee, sugar, etc), banking, credit card fees, postage, email, web hosting and the costs of the site office for resort bookings and key pick up/drop off. No, but for a one night stay there is an extra cleaning charge. The Owner; however, Property Management Services will do their best to recover costs from the renter. Cottage owners are responsible for general maintenance of their cottage and utilities. If your cottage requires maintenance Oceanside Village Resort can look after any maintenance concerns you may have. Oceanside Village Resort charges an hourly ( or portion thereof ) fee for this service plus the cost of any materials or items needed.
 

1080 Resort Drive, Parksville, BC V9P 2E3, Canada
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