4571 Pemberton Rd, Port Alberni BC V9Y 5K2
$5,990,000
00
4571 Pemberton Rd, Port Alberni BC V9Y 5K2 - Multi Family for Sale in Port Alberni, BC
This 0 bedroom, 0 bathroom multi family is listed for sale at $5,990,000 in Port Alberni, British Columbia. Lot size: 63,598 sq ft (1.46 acres).MLS® #1036693.
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.
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$5,990,000
For Sale
1 / 6
4571 Pemberton Rd, Port Alberni BC V9Y 5K2
Port Alberni, BC V9Y 5K2
MLS® #1036693
Royal LePage Coast Capital - Chatterton
0beds
0baths
Property Details
Property Type
Multi Family
Lot Size
63,598 sq ft(1.46 acres)
Bedrooms
0
Bathrooms
0
Area
Port Alberni
Neighborhood
Port Alberni
MLS® Number
#1036693
Pemberton Rd Market Report
View comprehensive market analysis for Pemberton Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Pemberton Rd Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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~$31,450
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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