3 – 1002 Peninsula Rd, Ucluelet
PA Ucluelet · Condo Apartment · MLS® 1028774 · Listed Mar 19, 2026
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 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.
| Property Type | Condo Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Interior | 357 sqft |
| Lot Features | Family-Oriented Neighbourhood, Marina Nearby, Quiet Area, Recreation Nearby, Shopping Nearby |
| Parking | 1 space |
| Year Built | 1999 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Exterior | Wood |
| Roof | Fibreglass Shingle |
| Foundation | Pillar/Post/Pier |
| Flooring | Mixed, Vinyl |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Commercial |
| Taxes | $3,717 (2025) |
| Strata Fee | $322/mo |
| Pets | Number Limit, Size Limit |
| Building Stories | 2 |
| Parking Type | Open |
| MLS® # | 1028774 |
| Brokerage | 460 Realty Inc. (UC) |
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MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 4, 2026.