Property Type: Detached HouseOwnership: Freehold

269 Matterson Dr

Ucluelet, BC V0R3A0

$1,398,000

8 bed5 bath6 parking3,960 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,557

Interior

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

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
OfficeOther20' x 10'
BedroomLower level9'9 x 11'10
BathroomLower level3-Piece
Living roomLower level10'2 x 11'10
KitchenLower level7'6 x 11'10
EntranceLower level13'8 x 4'11
BedroomMain level13'11 x 10'2
EntranceLower level10'5 x 3'6
EnsuiteLower level2-Piece
BathroomLower level4-Piece
BedroomLower level10'1 x 11'2
BedroomLower level14'7 x 8'6
Primary BedroomLower level14'0 x 11'11
Living roomLower level14'5 x 16'11
Dining roomLower level9'5 x 8'9
KitchenLower level9'5 x 11'6
EntranceMain level14'3 x 3'8
EntranceMain level11'5 x 19'6
EnsuiteMain level2-Piece
BathroomMain level4-Piece
BedroomMain level11'8 x 10'2
BedroomMain level11'8 x 10'5
Primary BedroomMain level13'11 x 12'1
Dining roomMain level7'3 x 15'10
KitchenMain level7'7 x 15'10

Listing Information

MLS®
1044864
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (UC) · Data source: CREA DDF.

Description

Fantastic investment opportunity in the heart of Ucluelet. This centrally located property offers over 4,000 sq. ft. of living space on a large lot with a spacious garage and views of the inlet. The home includes a four-bedroom main residence, a three-bedroom secondary suite, and an additional flex space complete with its own kitchen and bathroom, providing exceptional flexibility for extended family, staff accommodation, or rental income. Freshly painted and ready for your ideas, the property is well suited for investors, multi-generational families, or those seeking a home with multiple income streams. Conveniently located close to schools, trails, beaches, shopping, and the harbour, this is a rare opportunity to own a versatile property in one of Vancouver Island's most desirable coastal communities.The upper level is leased to a business, while the secondary suite & flex space are tenanted, demonstrating excellent income potential. Great option for employee housing or investors! (id:63159)

Values & Trends

This listing

$353/sqft

Building average

No other active listings in this building

Ucluelet average

$726/sqft

19 active listing(s)

Parking: 6 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

59

8/9 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 SecondarySecondary93 m
Ucluelet ElementaryElementary259 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 (5+)

  • Frankie's Resto-Bar · 1576B Imperial Lane194 m
  • Ukee Dogs Cafe & Eatery196 m
  • Yayu · 250 Main Street270 m
  • Ucluelet Brewing Company288 m
  • Papi’s Cantina · 1627 Peninsula Road316 m

Cafes (5+)

  • Ikea Dog Cafe & Eatery210 m
  • Foggy Bean Coffee · 1601 Peninsula Road280 m
  • Blackberry Cove Market Place · 234B Main Street311 m
  • The Barkley Cafe320 m
  • Tay Tea328 m

Grocery (1)

  • Co-op Ucluelet Food & Hardware · 1580 Peninsula Road237 m

Parks (3)

  • Unnamed257 m
  • Edna Batchelor Park435 m
  • Unnamed549 m

Shopping (1)

  • Davidson's Plazza · 1620 Peninsula Road335 m

Gyms (1)

  • West Coast Fitness791 m

Pharmacies (1)

  • Harbourview Drugstore750 m

Banks & ATMs (3)

  • Coastal Community Credit Union · 1566 Peninsula Road185 m
  • Unnamed191 m
  • CIBC294 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,118,400.00
Periodic payment — Principal & Interest (monthly)$7,215.54
Additional monthly expenses (strata, tax, utilities, etc.)$661.08
Total monthly cost$7,876.62
Interest paid over 5-yr term$320,536.65
Balance at end of term$1,006,004.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,867.36

Cash Needed at Closing

Minimum down payment$114,800
Estimated BC PTT$25,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,260

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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