Property Type: Detached HouseOwnership: Freehold

5114 Josephine St

Port Alberni, BC V9Y7G8

$599,900

4 bed1 bath4 parking1,846 sqftBuilt 1939
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Property Details

Property & Lot

Sub-type
House
Lot size
0.58 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,961.95

Interior

Heating
Forced air, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view
Lot features
Central location, Private setting, Other, Marine Oriented

Building

Parcel ID (PID)
003-614-158

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
OtherLower level6'5 x 7'6
StorageLower level8'5 x 10'9
WorkshopLower level8'5 x 21'11
PorchMain level3'5 x 3'1
OtherSecond level27'5 x 7'2
BedroomMain level11'5 x 11'3
Living roomMain level16'0 x 21'5
Laundry roomMain level5'1 x 8'3
KitchenMain level11'1 x 12'8
Dining roomMain level11'1 x 8'8
BedroomLower level12'0 x 11'3
BedroomSecond level18'0 x 11'4
BedroomSecond level18'0 x 11'3
BathroomMain level3-Piece

Listing Information

MLS®
1043582
Listed
July 17, 2026
Time on market
On the market for 45 days
Data last synced
August 30, 2026

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

Description

Welcome to this charming 3-storey character home set on a rare and private 0.58-acre city lot. With 4 bedrooms, 1 bathroom, and a second bathroom already roughed in, this property is ready to grow with your family's needs. Numerous updates have already been completed, including durable cement fibre siding, updated windows, and an efficient electric forced-air furnace. Enjoy outdoor living with two oversized decks—one covered for year-round enjoyment and one open to soak up the sunshine. Inside, you'll find a spacious living room warmed by a cozy wood stove, a large eat-in kitchen with a separate dining area, and a generous main bathroom featuring a beautiful freestanding soaker tub. The main-floor bedroom, currently used as an office, features cork flooring and large corner windows that fill the space with natural light. Upstairs offers two generously sized bedrooms, with the beginnings of hallway closet additions already underway—ready for the next owner to complete. The full-height unfinished basement provides outstanding potential for additional living space, or abundant storage. It already includes a finished fourth bedroom, extensive new insulation, and plumbing rough-ins for a second bathroom. Outside, the expansive backyard is a private retreat surrounded by mature trees, with raised garden beds, plenty of room for children to play, and abundant space for gardening or entertaining. Storage under the deck and ample parking at both the front and side of the property add to the home's functionality. Located just 2 minutes from the marina in a convenient central location that offers a surprisingly rural feel, there could also be potential to subdivide this property, subject to City approval (buyers should verify with the City). With many of the major updates already complete, this home offers an incredible opportunity to add your own cosmetic touches and build equity while enjoying a unique property with exceptional space, privacy, and possibilities. (id:63159)

Values & Trends

This listing

$325/sqft

Building average

No other active listings in this building

Port Alberni average

$434/sqft

122 active listing(s)

Parking: 4 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

12°C

Humidity 95%

Wind NNW 6 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

7

2/9 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
Tsuma-as ElementaryElementary861 m
Haahuupayak School(Independent)Elementary1.6 km
Alberni ElementaryElementary1.7 km
des Grands-cedresElementary2.4 km
John Howitt ElementaryElementary2.7 km
John Paul II Catholic School(Independent)Elementary2.7 km
Alberni District SecondarySecondary2.8 km
Wood ElementaryElementary3.2 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

Restaurants (1)

  • Tom’s Kitchen · 5323 River Road725 m

Parks (1)

  • Taylor Road Park686 m

Nearby places data: © OpenStreetMap contributors.

School district: Pacific Rim (SD70)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$505.50
Total monthly cost$3,601.78
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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