Ucluelet · V0R3A0
$2,535/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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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.
1
Beds
357 ft²
Floor area
1999
Year built
Single Family
Type
Ucluelet
Area
Listed
March 19, 2026
$495,000 is 52.0% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
16h 34m
walk to Quality Foods
4h 28m
bike to nearest SkyTrain station
14h 51m
walk to nearest SkyTrain station
7h 14m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 43%
| Land | 37 | 43.0% |
| Condo / Apartment | 20 | 23.3% |
| Detached | 17 | 19.8% |
| Other | 9 | 10.5% |
| Mobile home | 2 | 2.3% |
| Other | 1 | 1.2% |
| Under $5,000 | 5 | 1.8% |
| $20,000 to $24,999 | 5 | 1.8% |
| $25,000 to $29,999 | 5 | 1.8% |
| $30,000 to $34,999 | 5 | 1.8% |
| $35,000 to $39,999 | 10 | 3.6% |
| $40,000 to $44,999 | 10 | 3.6% |
| $45,000 to $49,999 | 5 | 1.8% |
| $50,000 to $59,999 | 30 | 10.9% |
| $60,000 to $69,999 | 20 | 7.3% |
| $70,000 to $79,999 | 20 | 7.3% |
| $80,000 to $89,999 | 20 | 7.3% |
| $90,000 to $99,999 | 15 | 5.5% |
| $100,000 to $124,999 | 45 | 16.4% |
| $125,000 to $149,999 | 30 | 10.9% |
| $150,000 to $199,999 | 35 | 12.7% |
| $200,000 and over | 15 | 5.5% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,535
Principal and interest
Calculated estimate
$2,243
Property tax
Calculated estimate
$142/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$485,000
Down payment
Calculated estimate
$97,000 (20%)
Estimated mortgage
Calculated estimate
$388,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,535
/mo
Rate
%
Amortization
Principal and interest
$2,243
Property tax (est.)
$142
P&I
Tax
Down payment
$97,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $97,000 down (20%) on $485,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 5.8614 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
