For Sale: 1111 Marine Drive, Port Alice, BC - REW
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$950,000
0 bd • ba • 7276 sf • Multifamily
1111 Marine Drive
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$950,000
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1111 Marine DrPort Alice, BC, V0N 0C4

  • 0 Bed
  • Bath
  • 7276 Sqft
  • Multifamily

About this home

Fully rented and versatile multiple family building in the Village Of Port Alice on the West Coast of Vancouver Island. The building is currently occupied by quality commercial / professional tenants. The building has 7 two bedroom 1 bathroom units plus a large laundry / storage area that could be converted into an 8th unit if desired. All units are fully furnished in the last few years and each unit is individually metered - potential to stratify. The building is conveniently located across the road from the ocean. The park land immediately across the road currently has a kayak dock / facility being developed to service growing tourism needs in the area. Next to this site is a private yacht club as well as a municipal marina and boat launch and mini mall with grocery store and liquor store. With the location across from the marina facilities the current owners original plans when purchasing the building were to cater to the fisherman / tourists, offering eco tours. Port Alice is one of the most scenic communities on the West Coast of Vancouver Island with full service & paved roads. The community was recently named, ''The Sea Otter Capital of Canada'' another strong driver of tourism to the Village. Although the units are currently rented some of the existing work projects will wind down, but further demand to carry on servicing professionals seeking furnished units. The owner regularly turns away bookings. However, a bigger growth area and focus by the Village is attracting tourists where you could cater to short term stays as more and more people visit the area for eco tourism (the local manager is excellent and interested to stay on) or perhaps some form of fishing club with fractional ownership. Available as a share sale. Contact agent for more details. (id:63626)
Listed by: MATTHEW CAMERON, Salesperson, RE/MAX AFFILIATES MARQUIS LTD.

Home facts and features

Price details
List Price
$950,000
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Gross Taxes for 2026
$5,104
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
8
Property Type
Multifamily
Lot Size
18295 ft²
Depth
Year Built
Built in 1964 (62 yrs old)
Title
Freehold
Heating Type
Propane, Hot Water
Features
Central location, Marine Oriented
Agent details
Primary Agent
MATTHEW CAMERON
Primary Broker
RE/MAX AFFILIATES MARQUIS LTD.
Listing details
Days on REW
18 Days
Property Views
87
MLS® Number
1037747
Source
Canadian Real Estate Association
Board
Vancouver Island Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Sea View Elementary-Junior Secondary School
  • Public
  • K - 8
  • In Catchment
North Island Secondary School
  • Public
  • 8 - 12
  • In Catchment
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Call Agent
Salesperson
MATTHEW CAMERON
Phone:
(613) 362-6051
Office:
613-938-8100
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