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Braden Davies

braden@islandstateofmind.ca +1(250) 202-7261

Listed by Laura Noges 460 Realty Inc. (UC)

$485,000

Est. payment - /mo

1 Bed

1 Bath

357 SqFt

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UPDATED:

Key Details

Property Type Condo, Apartment

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 357 sqft

Price per Sqft $1,358

MLS Listing ID 1028774

Style Other

Bedrooms 1

Three Quarter Bath 1

Maintenance Fees $322

HOA Fees $322/mo

HOA Y/N Yes

Year Built 1999

Annual Tax Amount $3,717

Tax Year 2025

Property Sub-Type Condo Apartment

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.

Location

Province BC

County Ucluelet, District Of

Community Pa Ucluelet

Area Port Alberni

Zoning CS-5

Rooms

Kitchen 0

Interior

Interior Features Dining/Living Combo, Furnished

Heating Baseboard, Electric

Cooling None

Flooring Mixed, Vinyl

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Yes

Window Features Insulated Windows,Window Coverings

Laundry None

Exterior

Parking Features Open

Garage Spaces 1.0

Waterfront Description Ocean Front

View Y/N No

Roof Type Fibreglass Shingle

Street Surface Paved

Total Parking Spaces 1

Garage No

Building

Lot Description Family-Oriented Neighbourhood, Marina Nearby, Quiet Area, Recreation Nearby, Shopping Nearby

Foundation Pillar/Post/Pier

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Number Limit, Size Limit

Ownership Freehold/Strata

Special Listing Condition Resale

Pets Allowed Number Limit, Size Limit

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1002 Peninsula Rd ##3 Ucluelet, BC V0R 3A0