$1,499,900

4028 7th Ave, Port Alberni, BC, V9Y 4P5

MLS® # 1027688

Port Alberni BC, V9Y 4P5

MLS® # 1027688

Property Information:

Excellent multi-unit investment opportunity featuring 7 residences on a generous .36-acre lot with stunning mountain views. This property includes five 2-bedroom units, one 1-bedroom unit, and a spacious 3-bedroom penthouse complete with two private decks—perfect for maximizing rental income and tenant appeal. Each unit is separately metered and offers its own glass-paneled balcony, allowing residents to enjoy the views in comfort, along with covered parking for added convenience. The property also features a wired shop with an overhead garage door, ideal for storage, maintenance, or additional income potential. Ideally located close to the Echo Centre, as well as nearby schools and shopping, this well-maintained apartment building offers strong income potential. All measurements approximate.

Property Features:

Annual Tax Amount: $9,355
Floor Space (approx): 6971 Square Feet
Lot Frontage: 0 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Surface Type: Paved
View: Mountain(s)
Water Source: Municipal
Zoning: RM2
Sewer:

Courtesy of: REMAX Professionals - Dave Koszegi Group

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 4028 7th Ave, Port Alberni, BC, V9Y 4P5

Lifestyle
Neighbourhood

Demographic Information of 4028 7th Ave, Port Alberni, BC, V9Y 4P5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$71,066.03

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

34.59 %

High school certificate or equivalent

36.33 %

Apprenticeship trade certificate/diploma

6.92 %

College/non-university certificate

15.86 %

University certificate (below bachelor)

0.76 %

University Degree

5.53 %

Commuter

Travel To Work

By Car

77.95 %

By Public Transit

4.31 %

By Walking

13.8 %

By Bicycle

0.29 %

By Other Methods

3.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.66 %

Houses

56.34 %

Own Vs. Rent