Property Type: Condo / ApartmentOwnership: Strata

19 1002 Peninsula Rd

Ucluelet, BC V0R3A0

$490,000

1 bed1 bath1 parking550 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Commercial

CS5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$398/mo
Annual property tax
$4,218

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomMain level16'2 x 9'6
KitchenMain level
Dining roomMain level
BedroomSecond level16'2 x 9'6
BathroomMain level4-Piece

Listing Information

MLS®
1030633
Listed
April 1, 2026
Time on market
On the market for 152 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Mid-Island Realty · Data source: CREA DDF.

Description

STEPS TO THE OCEAN and the Wild Pacific Trails Lighthouse Loop, this is a fantastic opportunity to own your very own vacation/revenue property located at Terrace Beach Resort in beautiful Ucluelet BC. Fern Gully Loft is a cozy 1 bedroom, 1 bathroom loft suite with a full kitchen, updated flooring on the main, and an upddated bathroom, this vacation home is ready to go. The building has a new roof in 2022, is zoned CS-5 to allow for short term vacation rentals, offers optional onsite management and can be offered fully furnished . Just minutes to downtown Ucluelet, Fern Gully Loft is an excellent revenue generator. Inquire for rental income statements. Book your showing today! 778-977-5806 (id:63159)

Values & Trends

This listing

$891/sqft

Building average

$1,359/sqft

1 active listing(s)

Ucluelet average

$743/sqft

23 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Sunny

14°C

Mainly Sunny

Humidity 94%

Wind NW 9 km/h

Tonight

13°

Tuesday

15°

Tuesday night

14°

Wednesday

14°

Wednesday night

12°

Thursday

16°

Source: Environment and Climate Change Canada.

Population

2,066

(2021 Census)

+20.3% since 2016

Density: 318.8/km²

Dwellings: 997

Median household income: $83,000

After-tax: $73,500

Immigrant population: 12.1%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America2.2% · 45
  • Viet Nam1.7% · 35
  • Korea, South0.7% · 15
  • India0.7% · 15
  • France0.5% · 10
  • China0.5% · 10
  • Philippines0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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

SchoolTypeDistance
Ucluelet ElementaryElementary1.3 km
Ucluelet SecondarySecondary1.4 km

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

Parks (1)

  • Bog Woodland Loop328 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Other Listings in This Building

Other units currently listed in the same building. 19 1002 Peninsula Rd

View building profile →
Built 1999

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$392,000.00
Periodic payment — Principal & Interest (monthly)$2,529.05
Additional monthly expenses (strata, tax, utilities, etc.)$777.78
Total monthly cost$3,306.83
Interest paid over 5-yr term$112,348.33
Balance at end of term$352,605.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,579.53

Cash Needed at Closing

Minimum down payment$24,500
Estimated BC PTT$7,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,800

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.

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