1111 Marine Dr
Port Alice, BC V0N0C4
$950,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 18,295 square feet
- Zoning
- Unknown
R2
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $5,103.66
Interior
- Heating
- Propane, Hot Water
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 8
Listing Information
- MLS®
- 1037747
- Listed
- May 21, 2026
- Time on market
- On the market for 102 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX AFFILIATES MARQUIS LTD. · Data source: CREA DDF.
Description
Fully rented and versatile multiple family building in the Village Of Port Alice on the West Coast of Vancouver Island. The building is currently occupied by quality commercial / professional tenants. The building has 7 two bedroom 1 bathroom units plus a large laundry / storage area that could be converted into an 8th unit if desired. All units are fully furnished in the last few years and each unit is individually metered - potential to stratify. The building is conveniently located across the road from the ocean. The park land immediately across the road currently has a kayak dock / facility being developed to service growing tourism needs in the area. Next to this site is a private yacht club as well as a municipal marina and boat launch and mini mall with grocery store and liquor store. With the location across from the marina facilities the current owners original plans when purchasing the building were to cater to the fisherman / tourists, offering eco tours. Port Alice is one of the most scenic communities on the West Coast of Vancouver Island with full service & paved roads. The community was recently named, ''The Sea Otter Capital of Canada'' another strong driver of tourism to the Village. Although the units are currently rented some of the existing work projects will wind down, but further demand to carry on servicing professionals seeking furnished units. The owner regularly turns away bookings. However, a bigger growth area and focus by the Village is attracting tourists where you could cater to short term stays as more and more people visit the area for eco tourism (the local manager is excellent and interested to stay on) or perhaps some form of fishing club with fractional ownership. Available as a share sale. Contact agent for more details. (id:63159)
Location Insights
Weather
Nearest station: Port Hardy
14°C
Mostly Cloudy
Humidity 96%
Wind N 2 km/h
Tonight
10°
Tuesday
17°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
739
(2021 Census)
+11.3% since 2016
Density: 105.1/km²
Dwellings: 538
Median household income: $59,200
After-tax: $52,800
Immigrant population: 12.5%
Top countries of origin (% of total population)
- United Kingdom4.7% · 35
- China2% · 15
- United States of America1.4% · 10
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Sea View Elementary School | Elementary | 396 m |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Grocery (1)
- Family Foods · 1071 Marine Drive189 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver Island North (SD85)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.