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Renanza Realty
For sale

5148 Mary St

Port Alberni, British Columbia

MLS® 1038610

$789,900

Status
Active
Property type
House
MLS® number
1038610
Bedrooms
5
Bathrooms
4
Year built
1958

Listing description

Rarely does an opportunity like this come available! Nestled in a quiet North Alberni rural residential neighbourhood, this legal quadruplex offers a compelling combination of income potential, thoughtful updates, and a location that appeals to a wide range of tenants. Set on a spacious 0.

35-acre corner lot, the property provides room for additional boat, RV, or vehicle parking while maintaining easy access to everyday conveniences. Over the past five years, all four units have been extensively renovated, creating comfortable and functional living spaces that tenants are proud to call home. The building includes one two-bedroom, one-bathroom unit and three one-bedroom, one-bathroom units.

Each residence features spacious open-concept living, dining, and kitchen areas that support modern lifestyles, along with large bedrooms designed for comfort and flexibility. Practical improvements throughout the property add long-term value and convenience. Each unit is individually metered with separate hydro service, equipped with a newer hot water tank, and includes in-suite laundry.

Vinyl thermal windows contribute to efficiency and comfort year-round. Outside, tenants enjoy their own newer deck with durable metal privacy fencing separating each outdoor space. A laneway-access carport provides four covered parking stalls, while the generous lot offers additional parking options rarely found in multi-family properties.

Located just minutes from amenities, recreation facilities, restaurants, shopping, schools, and trails, the property also benefits from proximity to Naesgaard’s Farm & Market, a popular local destination. Excellent tenants are already in place, making this a strong investment opportunity from day one. Whether you are expanding your portfolio or seeking a well-maintained multi-family property in a desirable location, this quadruplex offers a compelling opportunity.

Reach out any time to arrange your private viewing.

Property summary

MLS® number
1038610
Property type
Single Family
Building type
Fourplex
Square footage
2,690 sq ft
Title
Freehold
Land size
15340 square feet
Built in
1958
Annual property taxes
$5,077.72
Parking
8 spaces
Days on market
112 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Appliances
Washer, Refrigerator, Range - Electric, Dryer
Lot features
Level lot, Corner Site, Other, Marine Oriented
View
Mountain view

What would this home cost you?

Based on the $789,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,675 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Loyal Homes Ltd., Port Alberni.

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.