Address
5350 Falls St, Port Alberni, BC
Price
$ 2,499,900
Property Attributes
  • ID#1039995
  • TypeLand
  • Listing Status Active
  • MunicipalityPort Alberni
  • CityPort Alberni
  • AreaPort Alberni
  • NeighbourhoodPort Alberni
  • Postal CodeV9Y 9G3
  • Style
  • Price$ 2,499,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size5.84 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the planned 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations& density with the City. (id:7434)

General Features

Features Acreage, Other
Property Type Vacant Land
ZoningType Unknown
Neighbourhood Port Alberni
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Exterior Features

Water Front Type Waterfront on river
ViewType Mountain view, River view, View, Valley view

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in V9Y 9G3

Price
AVG $2.5M
$2.5M