4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
4571 Pemberton Rd, Port Alberni, BC V9Y 5K2
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For Sale

$5,990,000

4571 Pemberton Rd, Port Alberni, BC V9Y 5K2

Remarks

Well-maintained 42-unit, 3-storey apartment building on a 63,597 sq. ft. lot in Port Alberni. Strong investment opportunity with significant upside potential as current rents are below market and vacancy remains extremely low at 1.5% (CMHC Oct. 2024). Major upgrades completed in 2018–2019 include exterior envelope improvements with HardiBoard siding, double thermal pane windows, vinyl-covered balconies, and new hot water boilers. Features include elevator service, electric baseboard heating with individually metered suites, 3-phase 1,600-amp electrical service, fire alarm system, on-site Coinamatic laundry, private balconies/patios, full municipal services, and SBS flat roof updates in 2025. Bonus bachelor suite (#100) rented at $825/month not included in stated income, offering additional revenue potential.Building area from BC Assessment.

Property Summary

  • Neighbourhood: Port Alberni
  • Annual Tax Amount: $33,724.27 (2025)
  • Lot Frontage: 60752 Square Feet
  • Lot Size: 1.39 Acres
  • Floor Space (approx): 34632 Square Feet

Property Features:

  • Ownership:
    Freehold
  • Parking Features:
    On Site
  • Property Sub Type:
    Multi Family
Lifestyle
Neighbourhood Info
Gina Sundberg

Gina Sundberg

Sales Representative

Phone:  250.812.4999

Fax:  250.592.6600

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Royal LePage Coast Capital Realty, Brokerage (Independently owned and operated)

108 - 1841 Oak Bay Avenue
Victoria,  BC V8R1C4

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