Port Alberni · V9Y2N5
$8,753/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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LAND ASSEMBLY! Two tandem lots, flat and deep, commanding direct highway access at the epicentre of Port Alberni's rapidly growing commercial hub and primary Gateway entrance. Currently, one lot contains two '50s quads and a ''caretaker house,'' while the other lot holds one single family dwelling. The inherent value is the land and its ULTRA high visibility, convenient position. This package is ideal for ''core use'' rezoning, permitting a mixed-use development as designated by the City's Planning Department (Buyer to conduct due diligence). Walmart and Canadian Tire centres are directly adjacent on the Alberni highway, and a new MICROTEL First Nations project is scheduled across the street in the Walmart parking area. With dual driveway access, this location eagerly awaits your creative mixed-use concept! Call for information. All measurements are approximate; please verify if important. Sold ''as is, where is.'' All units are currently tenanted. This substantial parcel sits at a major intersection, guaranteeing continuous, high-volume traffic exposure for any future retail or commercial component of your development. The City of Port Alberni's proactive planning initiatives favor vibrant, mixed-use projects in this strategic area, making this a generational acquisition with immense upside potential. The existing month-to-month tenancy provides immediate holding income while you finalize your development plans and navigate the rezoning process. Future development could include ground-floor retail/office space with residential units above, capitalizing on the high demand for housing and services in the burgeoning Alberni Valley. This represents a critical opportunity to secure a significant footprint in a market poised for exponential growth, driven by key municipal and private investment. Don't let this premier commercial land holding pass you by. Contact me immediately to discuss your vision for this cornerstone property. Sold ''as is'' CURRENTLY ZONED C6 & R1
0
Beds
6,000 ft²
Floor area
1951
Year built
Other
Type
Port Alberni
Area
Listed
June 13, 2025
$1,750,000 is 69.7% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
4 min
walk to Walmart Supercentre
28 min
bike to McLean Mill National Historic Site
1h 32m
walk to McLean Mill National Historic Site
4h 50m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 66%
| Detached | 55 | 66.3% |
| Land | 9 | 10.8% |
| Townhouse | 6 | 7.2% |
| Multi-family | 4 | 4.8% |
| Other | 4 | 4.8% |
| Other | 5 | 6.0% |
| $5,000 to $9,999 | 5 | 2.0% |
| $15,000 to $19,999 | 10 | 4.1% |
| $20,000 to $24,999 | 20 | 8.2% |
| $25,000 to $29,999 | 15 | 6.1% |
| $30,000 to $34,999 | 15 | 6.1% |
| $35,000 to $39,999 | 15 | 6.1% |
| $40,000 to $44,999 | 10 | 4.1% |
| $45,000 to $49,999 | 15 | 6.1% |
| $50,000 to $59,999 | 20 | 8.2% |
| $60,000 to $69,999 | 20 | 8.2% |
| $70,000 to $79,999 | 20 | 8.2% |
| $80,000 to $89,999 | 15 | 6.1% |
| $90,000 to $99,999 | 15 | 6.1% |
| $100,000 to $124,999 | 20 | 8.2% |
| $125,000 to $149,999 | 15 | 6.1% |
| $150,000 to $199,999 | 10 | 4.1% |
| $200,000 and over | 5 | 2.0% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$8,753
Principal and interest
Calculated estimate
$8,095
Property tax
Calculated estimate
$508/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,750,000
Down payment
Calculated estimate
$350,000 (20%)
Estimated mortgage
Calculated estimate
$1,400,000
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
$8,753
/mo
Rate
%
Amortization
Principal and interest
$8,095
Property tax (est.)
$508
P&I
Tax
Down payment
$350,000 (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 $350,000 down (20%) on $1,750,000, 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.
At 7.5632 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.
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.
