#3 – 1002 Peninsula Rd, Ucluelet
PA Ucluelet · Condo Apartment · MLS® 1028774 · Listed Mar 19, 2026
Own a turnkey, high-revenue West Coast investment property for under $500K. The Orca Suite at Terrace Beach is a charming, fully refreshed 1-bedroom upper-boardwalk suite that sleeps four and boasts excellent rental income. Driven by strong and consistent demand, the summer months are already almost fully booked, building on a stellar June that achieved over 75% occupancy and netted nearly $4,000 after all management fees. Located in the iconic Terrace Beach Resort, the property features signature post-and-beam accents, an electric fireplace, a newly updated bathroom and kitchenette, and extensive building-wide structural upgrades. Steps from the world-renowned Wild Pacific Trail, it offers premier beachcombing, paddleboarding, and kayaking right at your doorstep. With flexible CS-5 zoning for self-management or professional hire, this prime revenue generator sits 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) |
Similar properties sold within 6 months
It is listed at $485,000.
A Condo Apartment in PA Ucluelet, Ucluelet with 1 bedrooms, 1 bathrooms, 357 sqft, built in 1999.
It has 1 parking space.
#3 – 1002 Peninsula Rd, Ucluelet was originally listed at $495,000, then reduced to $485,000 (2.0% reduction).
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: Aug 7, 2026.
