5148 Mary St
Port Alberni, BC V9Y7H4
$789,900
Property Details
Property & Lot
- Sub-type
- Fourplex
- Lot size
- 15,340 square feet
- Zoning
- Unknown
RR
Ownership & Fees
- Property type
- Fourplex
- Ownership
- Freehold
- Annual property tax
- $5,077.72
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Parking
- Total spaces
- 8
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 4-Piece |
| Living room | Main level | 15'10 x 13'2 |
| Dining room | Main level | 13'11 x 5'9 |
| Kitchen | Main level | 6'4 x 18'5 |
| Bedroom | Main level | 9'7 x 10'11 |
| Bathroom | Main level | 4-Piece |
| Living room | Main level | 15'9 x 13'3 |
| Dining room | Main level | 5'11 x 13'10 |
| Kitchen | Main level | 6'0 x 15'11 |
| Bedroom | Main level | 10'9 x 9'7 |
| Bathroom | Main level | 4-Piece |
| Living room | Main level | 13'1 x 15'8 |
| Dining room | Main level | 5'7 x 13'9 |
| Kitchen | Main level | 6'4 x 16'3 |
| Bedroom | Main level | 9'8 x 10'9 |
| Bathroom | Main level | 4-Piece |
| Living room | Main level | 12'1 x 11'8 |
| Dining room | Main level | 15'2 x 7'11 |
| Kitchen | Main level | 8'4 x 18'3 |
| Bedroom | Main level | 7'9 x 11'8 |
| Bedroom | Main level | 12'5 x 10'3 |
Listing Information
- MLS®
- 1038610
- Listed
- May 29, 2026
- Time on market
- On the market for 94 days
- Data last synced
- August 28, 2026
Listing provided by: Loyal Homes Ltd. · Data source: CREA DDF.
Description
Rarely does an opportunity like this come available! Nestled in a quiet North Alberni rural residential neighbourhood, this legal quadruplex offers a compelling combination of income potential, thoughtful updates, and a location that appeals to a wide range of tenants. Set on a spacious 0.35-acre corner lot, the property provides room for additional boat, RV, or vehicle parking while maintaining easy access to everyday conveniences. Over the past five years, all four units have been extensively renovated, creating comfortable and functional living spaces that tenants are proud to call home. The building includes one two-bedroom, one-bathroom unit and three one-bedroom, one-bathroom units. Each residence features spacious open-concept living, dining, and kitchen areas that support modern lifestyles, along with large bedrooms designed for comfort and flexibility. Practical improvements throughout the property add long-term value and convenience. Each unit is individually metered with separate hydro service, equipped with a newer hot water tank, and includes in-suite laundry. Vinyl thermal windows contribute to efficiency and comfort year-round. Outside, tenants enjoy their own newer deck with durable metal privacy fencing separating each outdoor space. A laneway-access carport provides four covered parking stalls, while the generous lot offers additional parking options rarely found in multi-family properties. Located just minutes from amenities, recreation facilities, restaurants, shopping, schools, and trails, the property also benefits from proximity to Naesgaard’s Farm & Market, a popular local destination. Excellent tenants are already in place, making this a strong investment opportunity from day one. Whether you are expanding your portfolio or seeking a well-maintained multi-family property in a desirable location, this quadruplex offers a compelling opportunity. Reach out any time to arrange your private viewing. (id:63159)
Values & Trends
This listing
$294/sqft
Building average
—
No other active listings in this building
Port Alberni average
$343/sqft
6 active listing(s)
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
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
| School | Type | Distance |
|---|---|---|
| Haahuupayak School(Independent) | Elementary | 1.2 km |
| Tsuma-as Elementary | Elementary | 1.2 km |
| Alberni Elementary | Elementary | 2.1 km |
| des Grands-cedres | Elementary | 2.8 km |
| John Paul II Catholic School(Independent) | Elementary | 3.0 km |
| John Howitt Elementary | Elementary | 3.1 km |
| Alberni District Secondary | Secondary | 3.2 km |
| Wood Elementary | Elementary | 3.6 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
Parks (2)
- Taylor Road Park276 m
- River Road Park · 6038 River Road728 m
Nearby places data: © OpenStreetMap contributors.
School district: Pacific Rim (SD70)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.8% ($53,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.