$485,000

#3, 1002 Peninsula Road, Ucluelet V0R3A0

1 Bed 1.0 Bath 357 Sq Ft Built 1999

Apartment

Listed by: 460 Realty Inc. (UC).
Data provided by CREA's Data Distribution Facility.

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. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Open

Parking Spaces: 1

Structure: Apartment

Strata Fee: $322

Annual Taxes: $3,717

Property Details

Property Type	Apartment
Sub Type	Single Family
Bedrooms	1
Bathrooms	1.0
Living Area	357 sq ft
Year Built	1999
Parking	1 space
Strata Fee	$322/month
Days on Market	149
Listing ID	1028774

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