For Sale: 5350 Falls Street, Port Alberni, BC - REW
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$2,499,900
0 bd • ba • sf • Land/Lot
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5350 Falls StreetPort Alberni, BC, V9Y 9G3

Alberni Valley
  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City.
Listed by
Amy Francoeur PREC*
Amy Francoeur PREC*
Real Broker
17 years experience
English
5 Awards
55 Recommendations
Recent transactions
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Sold
Listing agent
4365 Melrose Street
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Listing agent
3184 Fernwood Lane
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Listing agent
107 540 Franklyn St
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Buyer agent
2869 Brandon Avenue
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Buyer agent
5063 Pleasant Road
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Home facts and features

Price details
List Price
$2,499,900
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Gross Taxes for 2025
$14,181
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
5.84 acres
Title
Freehold
Features
Acreage
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
44 Days
Property Views
138
MLS® Number
1039995
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Katie Hebdon

Katie Hebdon

DLC Modern Mortgage Group

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Property Insights

Alberni District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Haahuupayak School
  • Independent
  • K - 7
A W Neill Elementary School
  • Public
  • K - 7
Ecole Des Grands Cedres
  • Public
  • K - 7
John Paul II Catholic School
  • Independent
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Amy Francoeur PREC*
55 Recommendations
Phone:
250-857-6704
Cell:
250-857-6704
Office:
888-828-8447
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