Property Type: Condo / ApartmentOwnership: Strata

203 515 Marine Dr

Ucluelet, BC V0R3A0

$1,100,000

2 bed2 bath2 parking1,600 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Other

CD2A

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$515/mo
Annual property tax
$6,307.77

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view

Parking

Total spaces
2 — covered indicated
Features
Carport

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
Primary BedroomMain level14'5
Living roomMain level14'3
KitchenMain level9'6
EnsuiteMain level3-Piece
Dining roomMain level10'8
BedroomMain level14'6 x 12'9
BathroomMain level4-Piece

Listing Information

MLS®
1040660
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 28, 2026

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

Description

Experience spectacular ocean and sunset views from this beautifully positioned suite at The Ridge. Zoned for vacation rentals with the flexibility to be used as a full-time residence, personal getaway, or income-producing investment, this property offers exceptional versatility on Ucluelet’s stunning coastline. Floor-to-ceiling windows in both the main living area and primary bedroom showcase breathtaking views of the open Pacific Ocean, while expansive outdoor patios provide the perfect place to relax and take in the ever-changing scenery. Inside, the open-concept design features warm fir post-and-beam accents and a cozy propane fireplace, creating a true West Coast atmosphere. Owners can self-manage rentals or work with one of the area's established vacation rental management companies. Ideally located directly across from Big Beach and the Wild Pacific Trail, and within easy walking distance of shops, restaurants, and local amenities. (id:63159)

Values & Trends

This listing

$688/sqft

Building average

$705/sqft

1 active listing(s)

THE RIDGE average

No comparable active listings

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

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

19

4/9 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 ElementaryElementary541 m
Ucluelet SecondarySecondary708 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

Restaurants (1)

  • Currents · 596 Marine Drive524 m

Grocery (1)

  • Co-op Ucluelet Food & Hardware · 1580 Peninsula Road781 m

Parks (3)

  • Unnamed407 m
  • Unnamed549 m
  • Edna Batchelor Park640 m

Banks & ATMs (2)

  • Unnamed765 m
  • Coastal Community Credit Union · 1566 Peninsula Road768 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: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (strata, tax, utilities, etc.)$1,120.31
Total monthly cost$6,797.77
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$85,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.99

Cash Needed at Closing

Minimum down payment$85,000
Estimated BC PTT$20,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,500

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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