Property Type: DuplexOwnership: Strata

2 2623 5th Ave

Port Alberni, BC V9Y2G2

$514,900

3 bed3 bath2 parking1,735 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
5,513 square feet
Zoning
Duplex

R

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$1/mo
Annual property tax
$4,043.99

Interior

Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
None

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
BathroomLower level8'11 x 7'11
Laundry roomLower level5'5 x 8'4
BedroomLower level10'9 x 9'3
BedroomLower level9'7 x 11'1
EnsuiteMain level6'5 x 9'2
Primary BedroomMain level18'1 x 15'5
BathroomMain level5'7 x 9'2
KitchenMain level11'4 x 15'5
Living roomMain level17'3 x 15'5

Listing Information

MLS®
1041001
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

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

Description

INVESTMENT? Half Duplex built in 2021. Fully rented to great tenants. On each side, the main upper floor features a bright open concept living room, dining and kitchen. The primary bedroom has a walk thru closet that leads into the 4 piece en-suite. The lower level has 2 more bedrooms, 3 piece bathroom & laundry room. Each unit having a 3 headed ductless heat-pump and Single car garage with parking in front. Walking distance to shopping and located on bus routes. New Home Warranty. Plus GST. Currentlt rented to great long term tenants at 2500 per month (id:63159)

Values & Trends

This listing

$297/sqft

Building average

No other active listings in this building

Port Alberni average

$343/sqft

6 active listing(s)

Parking: 2 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

15°C

Humidity 86%

Wind S calm km/h

Tonight

11°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

10°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

18,259

(2021 Census)

+3.3% since 2016

Density: 928.7/km²

Dwellings: 8,919

Median household income: $62,800

After-tax: $58,400

Immigrant population: 10%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 430
  • India1% · 190
  • Netherlands0.8% · 150
  • United States of America0.8% · 140
  • Germany0.6% · 115
  • Italy0.5% · 85
  • Mexico0.3% · 60
  • Viet Nam0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

6/9 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
Eighth Avenue Learning CentreSecondary807 m
Maquinna ElementaryElementary904 m
Eric J Dunn ElementaryElementary1.6 km
John Paul II Catholic School(Independent)Elementary2.5 km
Wood ElementaryElementary3.0 km
Alberni District SecondarySecondary3.1 km
Alberni ElementaryElementary3.8 km
des Grands-cedresElementary4.6 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

Cafes (1)

  • SteamPunk Café & Coffee House800 m

Grocery (1)

  • Wesco Foods · 2960 3rd Avenue707 m

Parks (3)

  • Weaver Park330 m
  • 11th Avenue Park · 2549 10th Avenue551 m
  • Central Park773 m

Shopping (1)

  • Flooring Depot · 2936 3rd Avenue686 m

Gyms (1)

  • Activities with Adrianna · 2560 8th Avenue307 m

Banks & ATMs (4)

  • RBC · 2925 3rd Avenue693 m
  • Unnamed704 m
  • Coastal Community Credit Union · 3009 4th Avenue763 m
  • TD · 3008 3rd Avenue786 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.1% ($26,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$411,920.00
Periodic payment — Principal & Interest (monthly)$2,657.57
Additional monthly expenses (strata, tax, utilities, etc.)$425.00
Total monthly cost$3,082.57
Interest paid over 5-yr term$118,057.46
Balance at end of term$370,523.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,490
Stress test qualifying rate8.09%
Payment you must qualify for$3,755.70

Cash Needed at Closing

Minimum down payment$26,490
Estimated BC PTT$8,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,288

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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