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4926 Redford St 6 Unit Apartment Building $639,000 CAD ($106,500 CAD/Unit) Port Alberni, BC V9Y 3P1

Investment Highlights
- Six-unit multifamily building in the downtown Port Alberni area.
- Reliable tenant community with longstanding occupancy history.
- Ongoing building upkeep and upgrades supporting operational durability.
- Coin-operated common area laundry generating supplemental income.
- Proximity to major waterfront residential projects driving area growth.
Executive Summary
This six-unit multifamily investment property offers an attractive opportunity in the heart of Port Alberni. Recently experiencing a price reduction, the asset combines affordability with strong fundamentals, including consistent revenue streams and a steady tenant base. Operational efficiencies are enhanced through long-term resident tenant management, minimizing daily oversight needs for ownership.
The property has undergone regular maintenance and building upgrades, ensuring sustained performance and appeal. A common area coin-operated laundry provides additional income potential and convenience for tenants. Located steps from major waterfront residential developments, the site positions investors to benefit from the ongoing revitalization of downtown Port Alberni. This growing area continues to draw new investment, positioning the property for long-term upside.
All showings are by appointment only. Financial details are available to qualified buyers upon execution of a non-disclosure agreement.
The property has undergone regular maintenance and building upgrades, ensuring sustained performance and appeal. A common area coin-operated laundry provides additional income potential and convenience for tenants. Located steps from major waterfront residential developments, the site positions investors to benefit from the ongoing revitalization of downtown Port Alberni. This growing area continues to draw new investment, positioning the property for long-term upside.
All showings are by appointment only. Financial details are available to qualified buyers upon execution of a non-disclosure agreement.
Property Facts
| Price | $639,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $106,500 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 6 | Building Size | 4,880 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1948 |
| Zoning | C2 – General Commercial - C2 – General Commercial | ||
| Price | $639,000 CAD |
| Price Per Unit | $106,500 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,880 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Zoning | C2 – General Commercial - C2 – General Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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4926 Redford St
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