About This Property
The Orca Suite at Terrace Beach offers a rare opportunity to own a turnkey, affordable West Coast investment property under $500K in one of Vancouver Island’s most iconic coastal destinations. This charming 1-bedroom upper-boardwalk suite—recently refreshed with a newly updated bathroom and kitchenette— sleeps four and features signature post-and-beam accents, an electric fireplace, and modern amenities. Situated in the historic Terrace Beach Resort (formerly owned by Jason Priestley), the property has benefited from extensive recent building-wide renovations, including structural upgrades and new cedar walkways. Steps from the world-renowned Wild Pacific Trail and the rugged shoreline, this suite is perfectly positioned for premier beachcombing, paddleboarding, and kayaking. With flexible CS-5 zoning allowing for self-management or professional hire, this is a high-potential revenue generator located just 3 minutes from Ucluelet’s vibrant cafés and breweries and a short drive to Tofino. (id:64973)
At $1,386 per square foot, this Ucluelet condo is priced competitively compared to the local market, making it a compelling investment opportunity. The property's turnkey condition and affordable price point, combined with its prime location in the popular Terrace Beach Resort, suggest it could be an attractive option for those seeking a vacation rental or second home on Vancouver Island's rugged west coast.
Property Details
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