Property 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 Details
MLS #:
1028774
ID #:
30798838
Type:
Residential
Sub-Type:
Condo Apartment
Area:
Port Alberni
Sub-Area:
PA Ucluelet
Status:
Active
Lot Size:
0.00 acres
Property Tax:
$3,717 (2025)
Days on Market:
118 days
Room Details
Living room/Dining room
Dimensions: 13 ft x Measurements not available
Listing provided by 460 Realty Inc. (UC)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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