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This 0 bedroom, 0 bathroom multi family is listed for sale at $2,500,000 in Ucluelet, British Columbia. Lot size: 44,867 sq ft (1.03 acres).MLS® #1038351.
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
Looking for homes for sale in Ucluelet? Browse Ucluelet real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the PA Ucluelet neighborhood. Part of the Port Alberni area.
Property Type
Multi Family
Lot Size
44,867 sq ft(1.03 acres)
Bedrooms
0
Bathrooms
0
Area
Port Alberni
Neighborhood
Ucluelet
Listed
May 15, 2026
MLS® Number
#1038351
View comprehensive market analysis for Peninsula 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 Peninsula Rd Market ReportLocated 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

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Port Alberni community, including the Ucluelet neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$14,000
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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