3 1002 Peninsula Rd
Ucluelet, British Columbia
MLS® 1028774
$485,000
- Status
- Active
- Property type
- House
- MLS® number
- 1028774
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- 1999
1 / 23Listing description
Own a turnkey, high-revenue West Coast investment property for under $500K. The Orca Suite at Terrace Beach is a charming, fully refreshed 1-bedroom upper-boardwalk suite that sleeps four and boasts excellent rental income. Driven by strong and consistent demand, the summer months are already almost fully booked, building on a stellar June that achieved over 75% occupancy and netted nearly $4,000 after all management fees.
Located in the iconic Terrace Beach Resort, the property features signature post-and-beam accents, an electric fireplace, a newly updated bathroom and kitchenette, and extensive building-wide structural upgrades. Steps from the world-renowned Wild Pacific Trail, it offers premier beachcombing, paddleboarding, and kayaking right at your doorstep. With flexible CS-5 zoning for self-management or professional hire, this prime revenue generator sits just 3 minutes from Ucluelet’s vibrant cafés and breweries and a short drive to Tofino.
Property summary
- MLS® number
- 1028774
- Property type
- Single Family
- Building type
- Apartment
- Square footage
- 357 sq ft
- Title
- Condo/Strata
- Built in
- 1999
- Annual property taxes
- $3,717.00
- Parking
- 1 space · Open
- Days on market
- 179 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Lot features
- Other, Marine Oriented
- Community features
- Family Oriented, Pets Allowed With Restrictions
- Waterfront
- Waterfront on ocean
- Strata fee
- $322 / Monthly
What would this home cost you?
Based on the $485,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of 460 Realty Inc. (UC), Ucluelet.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.