Map
Listed price in listed location currency (CAD).
$2,399,900

000

MLS® 1051863

Overview

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size -
Garage 
Taxes $15,506
Days Active 2
Lot Size 5.84 Acres
Approx. Age 
MLS® Number 1051863

Property Address: 5350 Falls St, Port Alberni, BC, V9Y9G3

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1051863
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

--

Today, For Sale for $2,399,900

For Sale · 1 day

$2,399,900

MLS® 1051863

2 days ago

Not Sold Yet

October 2026, For Sale for $2,399,900

For Sale · 1 day

$2,399,900

MLS® 1051863

2 days ago

Not Sold Yet

  • Oct 11, 2026, Expired for $2,499,900

Real estate boards require that you sign in to see the full details of this property. Log in or sign up to see price history.

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties