Property Information:
Located in the heart of Ucluelet, this 17-unit multi-family property offers a rare opportunity to acquire a substantial income-producing asset in one of Vancouver Island's most desirable coastal communities. Situated on approximately 1.03 acres along Peninsula Road, the property features seven separate residential buildings with a mix of bachelor, one-bedroom, and two-bedroom suites. Zoned R-3 High Density Residential, the property offers strong long-term investment potential with future redevelopment or expansion possibilities. The site benefits from municipal services, separate electrical metering, and excellent proximity to local amenities, beaches, the harbour, and Pacific Rim tourism attractions. Ucluelet continues to experience strong demand for long-term housing driven by tourism, population growth, and limited rental supply. The property is being offered for sale pursuant to a court-ordered sale process. Buyers are encouraged to complete their own due diligence
