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2088 Peninsula Rd 17 Unit Apartment Building $2,500,000 CAD ($147,059 CAD/Unit) Ucluelet, BC V0R 3A0
Investment Highlights
- Conveniently located on Peninsula Road, Ucluelet’s main thoroughfare, providing outstanding visibility and accessibility.
- High Density Residential (R-3) zoning that allows for a base density of 65 units per hectare, creating significant development potential.
- Within walking distance of the commercial corridor and scenic waterfront, offering daily convenience and strong connectivity.
- Limited rental inventory in the surrounding market, driving strong demand and value for existing and future rental housing.
Executive Summary
Colliers is pleased to present the opportunity to acquire 2088 Peninsula Road (the “Property”), a multi-family cottage-style asset located on the periphery of Ucluelet’s core commercial node. This property is for sale by way of a Consent Order.
Property Facts
| Price | $2,500,000 CAD | Apartment Style | Garden |
| Price Per Unit | $147,059 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.03 AC |
| No. Units | 17 | Building Size | 3,500 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1996 |
| Zoning | R-3 - High Density Residential | ||
| Price | $2,500,000 CAD |
| Price Per Unit | $147,059 CAD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 3,500 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Zoning | R-3 - High Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
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2088 Peninsula Rd
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